4 min
AI Investment Boom Drains Capital From Emerging Markets, Echoing 2008 Imbalances
The artificial intelligence boom is concentrating global wealth and pulling investment away from emerging markets and traditional industries, …
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3 min
China Defends Yuan Policy as Europe Presses on Trade Surplus
China's central bank insists it has no need or intention to weaken the yuan for a trade advantage, …
4 min
Bitcoin Slips Below $82,000 as Oil Surge and Tech Selloff Hit Crypto
Bitcoin fell under $82,000 as rising oil prices and a selloff in Wall Street technology stocks dampened appetite …
5 min
Oil Surge and Bond Rout Trigger Global Equity Selloff
Rising oil prices and European bond contagion risk are driving a worldwide stock selloff, with US markets opening …
5 min
US to Rescind Methane Leak Rules for Oil and Gas Industry
The Environmental Protection Agency has announced it will move to repeal Biden-era regulations targeting methane emissions from oil …
5 min
Trump's Red-Dyed Diesel Order Defers 24-Cent Federal Tax but Economists Warn of Higher Farm Costs
An executive order allowing red-dyed diesel on public roads defers the 24.4-cent federal excise tax through December, but …
4 min
Iraq Devalues Dinar as Iran War Chokes Oil Exports
Iraq's central bank cut the official exchange rate from 1,300 to 1,500 dinars per dollar, a move aimed …
4 min
Oil Flows Return to Pre-Conflict Levels but Pump Prices Stay High
Crude oil shipments from the Middle East have recovered to levels seen before the Iran conflict, yet diesel …
5 min
Job-switching pay premium falls to 8% as Gen Z bears the brunt
The pay boost from changing jobs has fallen sharply since 2022, with younger workers facing the toughest labour …
4 min
Bank of Portugal Lifts 2026 Growth Forecast to 2.3% on Investment
The central bank's upgraded projection credits stronger capital spending for the revision, though it flags persistent external risks …
4 min
Saudi Arabia's Vision 2030 push falters as war cuts foreign investment
Foreign direct investment into Saudi Arabia fell 18% in the second quarter as the US-Iran war and Houthi …
3 min
European Gas Prices Edge Higher as Cooler Forecasts Offset Storage Injection
European natural gas prices rose slightly on Wednesday as forecasts for cooler weather across northwest Europe increased heating …
4 min
Pacific climate fund gains $15m but stays far below target
A new Pacific climate fund has received a $15 million contribution, leaving it well short of its financing …
4 min
Japan real wages rise 1.5% in August, eighth straight monthly gain
Japanese real wages climbed 1.5% year-on-year in August, marking the eighth consecutive monthly increase, as nominal pay growth …
4 min
Asian Shares Slip as Oil and Bond Yields Weigh on Markets
Asian equities fell as rising crude prices and higher government bond yields dampened risk appetite, while India's central …
5 min
Mexico to Prioritise Local Currency Debt, Says Finance Minister
Mexico's finance minister has signalled a shift toward issuing more debt in pesos rather than foreign currencies, a …
5 min
US EIA raises oil price forecasts as Iran conflict drains global stockpiles
The US Energy Information Administration has again lifted its crude oil price projections, citing supply disruptions linked to …
3 min
Oil Prices Hold Steady as Market Weighs Supply Risks and Rising Middle East Exports
Crude prices were little changed as traders balanced concerns over potential supply disruptions against increased exports from key …
4 min
World Bank forecasts 0.5% contraction for Romania in 2026 despite fiscal adjustment
The World Bank has downgraded Romania's economic outlook, projecting a 0.5% GDP contraction in 2026 even as the …
4 min
India-US Trade Talks Stall Again as Tariff and Market Access Gaps Persist
Negotiations between India and the United States have stalled once more, with disagreements over tariffs, agricultural market access …