Financial Markets

A financial lens on the fast-changing fashion sector, including markets, investors and deals.












THE NEWS IN BRIEF

US Inflation Cooling as Consumer Prices Rise Moderately Again

US consumer prices increased moderately in July as higher rents were mostly offset by declining costs of goods such as motor vehicles and furniture, a trend that could persuade the Federal Reserve to leave interest rates unchanged next month.


Carousell, L Catterton SPAC Merger Talks End Amid Rout

Carousell Pte, a Singapore-based online classifieds marketplace operator, has recently ended talks to go public through a merger with blank-check company L Catterton Asia Acquisition Corp. amid market volatility, according to people familiar with the matter.