Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations 
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
UK Starting Salaries See Strongest Growth in 18 Months as Hiring Sentiment Improves 
The number of shoppers across all British retail destinations rose 3.8 percent last week from the previous week with the start of a state-funded eating out scheme that offers 50 percent off the bill for eat-in food and drink.
The $653 million "Eat Out to Help Out" scheme allows each person to take up to 10 pounds off their bills on Mondays, Tuesdays, and Wednesdays in August.
Between Monday and Wednesday, during the scheme, the number of shoppers rose by 18.9 percent.
The pandemic-triggered lockdown hit UK's retail and hospitality sectors hard, resulting in thousands of job losses.
The government hopes the subsidy, along with value-added tax cuts for the hospitality sector, would reduce job losses at restaurants and cafes, which employ 1.8 million people.
While UK's retail sales, excluding fuel, went back to last year's levels in June, the recovery was due to a boom in online shopping and increased spending at supermarkets.
There were still fewer people eating at restaurants and cafes.
According to Diane Wehrle, director of market researcher Springboard, the post 6 pm period yielded the highest rise in footfall with smaller towns benefitting more than large cities.
Springboard said that footfall across all UK retail destinations remained more than a third lower than in 2019.
