Economy

Europe’s intensifying summer heat is becoming a growing economic concern, with climate-related disruption adding pressure to inflation, energy markets, and government planning. The impact of extreme temperatures highlights how environmental risks...

Canada’s retaliatory tariffs on about $20 billion of US goods have taken effect, intensifying trade tensions between two closely connected economies. The measures add fresh pressure to business costs, consumer prices and investment confidence, while...

Japan’s foreign reserves suffered their largest monthly decline on record in August as Tokyo intensified efforts to stabilise the yen, exposing the growing cost of defending the currency against persistent market pressure. The intervention offers...

Britain’s economy showed broader signs of improvement in August, with stronger services activity, rising business confidence and a more optimistic consumer mood suggesting that momentum strengthened after a softer second quarter. The recovery...

Global government bond yields have climbed to multi-decade highs, increasing pressure on economies already dealing with persistent inflation and heavy public borrowing. The rise in yields matters beyond financial markets because sovereign rates...

India’s economy grew 7.8% year on year in the April-to-June quarter, beating expectations and reinforcing its position among the world’s fastest-growing major economies. The result suggests domestic demand remained resilient despite higher energy...

US inflation remained elevated in July, adding pressure to an economy already balancing resilient household demand against restrictive borrowing costs. The Federal Reserve’s preferred inflation measure showed underlying price growth still running...

The United States has proposed raising tariffs on Canadian cars, trucks and automotive parts to 50 per cent from January 2027. The current 25 per cent duty applies to non-US content in qualifying vehicles, while Canadian steel already faces a 50 per...

The United States has paused planned 50 per cent tariffs on selected Canadian goods for three days after both governments made progress towards a trade agreement. The temporary reprieve reduces immediate economic disruption but leaves businesses...

The UK economy is expected to have expanded for a second consecutive quarter, showing resilience despite supply chain disruption, rising prices and political uncertainty. Economists forecast that gross domestic product increased by 0.4 per cent...

Japan’s effort to stabilise the yen is about more than protecting its currency. The joint commitment with the United States highlights growing concern that prolonged exchange-rate weakness is feeding inflation, increasing business costs and...

US tariff refunds are beginning to show the financial consequences of Washington’s shifting trade policy, with Amazon recovering about $600 million in duties. The payment provides a clear example of how changes in tariff policy can affect corporate...

America’s economy is losing momentum at an awkward moment. Growth is slowing while inflation remains a concern, leaving policymakers with less room to support activity without risking another bout of price pressure. US economic growth weakened in...

Japan’s political troubles are becoming a financial market problem. Prime Minister Sanae Takaichi is under pressure to support households struggling with inflation, but investors fear that additional spending and tax cuts could further strain the...

The Bank of England is confronting an increasingly difficult policy environment as renewed inflationary pressures from higher energy prices collide with signs of weakening economic activity, forcing policymakers to balance price stability against...

President Donald Trump’s proposed tariffs on imported medicines are creating fresh economic uncertainty, raising concerns that higher pharmaceutical costs could increase healthcare spending, disrupt supply chains and complicate efforts to strengthen...

Andy Burnham has become Britain’s new prime minister after meeting King Charles III at Buckingham Palace, beginning a new political era as investors assess how his economic agenda could reshape business conditions and market confidence. Burnham...

China's economic growth slowed sharply in the second quarter, exposing persistent weakness in domestic demand despite strong export performance. Gross domestic product expanded by 4.3 per cent between April and June, down from 5 per cent in the...

Donald Trump's threat to cut off trade with Spain has turned a NATO spending dispute into a wider economic risk for transatlantic commerce. The remarks, made during the alliance summit in Ankara, raise concerns over how quickly defence disagreements...

Trade in goods between the European Union and the United States reached a record level in 2025, underscoring the resilience of the transatlantic economy despite higher tariffs and persistent trade tensions. The figures suggest that businesses on...