Global Economy
Oil Prices Retreat as Iran Signals Openness to Diplomacy
Brent and US crude move lower as renewed diplomatic signals raise hopes of easing tensions, although supply risks around the...
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World Bank, IMF Approve Major Overhaul of Debt Framework for Poor Countries
The World Bank and IMF have approved reforms to their debt sustainability framework for low-income countries, with greater focus on...
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Copper Nears Record High as China Demand Hopes Fuel Five-Day Rally
Copper prices have risen for five consecutive sessions, approaching record highs as expectations of stronger Chinese demand attract investors back...
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Global Diesel Shortage May Persist Into 2027 as Inventories Fall to Historic Lows
The global diesel shortage could extend into 2027 as wars in Iran and Ukraine disrupt supplies, drain inventories and push...
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Dollar Strengthens as Markets Brace for Fed, Bank of Japan Interest-Rate Decisions
The US dollar strengthened on Monday as investors prepared for major interest-rate decisions from the Federal Reserve and Bank of...
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BRICS Pushes Local-Currency Trade, UN Reform as Modi Warns Global Stability Is Under Threat
BRICS leaders have concluded their New Delhi summit with a renewed push for greater use of local currencies in international...
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Ukraine faces another difficult winter as Russian attacks continue
Ukraine is preparing for another difficult winter as Russian attacks continue to target the country's energy, water and transport infrastructure,...
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Asian Stocks Rise as Falling Oil Prices Ease Bond Yields Ahead of Nvidia Results
Asian stocks rose on Wednesday as falling oil prices pushed bond yields lower amid growing hopes that the critical Strait...
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Trump Threatens ‘Most Crushing’ Sanctions on Iran as Oil Prices Slide
US President Donald Trump has vowed to launch the “most crushing” financial operation against Iran as Washington prepares to roll...
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Dollar Set for Weekly Loss as US Debt Concerns Weigh on Investor Confidence
The US dollar weakened on Friday and was on track for a weekly decline as investors remained sceptical that the...
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