Economy

US President Donald Trump and Chinese President Xi Jinping are preparing for a high-stakes summit in Beijing as rising geopolitical tensions place the global economy under increasing pressure. The meeting comes at a critical moment, with concerns...

The US government has opened a nationwide refund programme allowing businesses to reclaim billions of dollars in tariffs imposed during Donald Trump’s presidency, following legal and regulatory challenges surrounding the trade measures. The...

The US Federal Reserve’s interest rate outlook is increasingly dependent on labour market conditions, as policymakers weigh the timing of potential rate cuts against persistent economic strength. Recent data has reinforced expectations that rates...

The Japanese yen remained steady as markets assessed the risk of further intervention, with subdued trading during Japan’s holiday period masking underlying economic concerns. Despite short-term stability, the currency continues to reflect deeper...

The US Federal Reserve is expected to keep interest rates unchanged at its upcoming meeting, reflecting a cautious approach as policymakers assess the economic impact of rising geopolitical tensions linked to Iran. The decision comes at a time when...

The U.S. Department of Justice has dropped its investigation into Federal Reserve Chair Jerome Powell, removing a key source of uncertainty around central bank leadership and policy direction. The probe, linked to disclosures surrounding a $2.5...

Euro zone economic growth decelerated sharply in March 2026, with the S&P Global Composite PMI dropping to 50.7 from 51.9 in February, the weakest pace of expansion in nine months. The figure suggests a 0.2% GDP growth in the first quarter of 2026,...

The UK’s recent rise in the national minimum wage to £12.21 for those over 21, marking a 6.7% increase from April 2025, has had a limited effect on employment, with data indicating only modest shifts in the labour market. The increase, which impacts...

US President Donald Trump’s threat to send troops to seize Iran’s Kharg Island is raising significant economic concerns, given the facility’s central role in global oil supply. The development is being closely watched by markets as a potential...

The US Treasury’s decision to place President Donald Trump’s signature on banknotes marks a symbolic shift in currency policy, with potential implications for institutional credibility and monetary perception. The move comes as part of broader...

Germany is increasingly turning to India to address a deepening labour shortage that is constraining economic growth and productivity across key sectors. The move reflects broader structural challenges within Europe’s largest economy, where...

The Federal Reserve is expected to hold interest rates steady as rising energy prices and geopolitical tensions complicate the outlook for inflation and economic growth. Policymakers are signalling caution, with markets increasingly anticipating a...

Iran’s consideration of allowing oil tankers to pass through the Strait of Hormuz only if transactions are settled in Chinese yuan has raised significant economic questions for global trade and financial markets. The Strait of Hormuz is one of the...

China’s economy showed stronger momentum at the start of the year as industrial production and retail sales exceeded expectations, offering a modest boost to growth prospects. The latest economic data suggests that manufacturing and export activity...

Germany’s economy showed renewed signs of weakness at the start of the year as exports declined and industrial production fell for a second consecutive month. The data highlights persistent pressures facing Europe’s largest economy, which has...

The escalating conflict involving Iran is increasing economic uncertainty for the United Kingdom, with government officials warning that prolonged disruption to global energy markets could raise inflation and place renewed pressure on household...

Group of Seven economies are considering releasing strategic oil reserves as escalating conflict in the Middle East pushes global crude prices higher and raises concerns about inflation, energy supply stability and economic growth. Finance ministers...

The United States labour market delivered an unexpected setback in February after employers cut 92,000 jobs and the unemployment rate rose, raising new concerns about the strength of economic growth as businesses grow more cautious about hiring....

Saudi Arabia is accelerating efforts to redirect crude oil exports through alternative infrastructure as rising geopolitical tensions threaten shipping through the Strait of Hormuz, a critical artery for global energy trade and economic stability....

UK government borrowing costs climbed sharply as investors reacted to rising geopolitical tensions in the Middle East, with fears that a widening conflict involving Iran could disrupt energy markets and weaken global growth. The movement in gilt...