Consumer sentiment hits fresh record low in May as Iran war fuels inflation worries
Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due…
EU weighs limited fiscal flexibility on energy after Meloni push
Published on 22/05/2026 – 13:58 GMT+2 The European Union is considering the use of “existing flexibilities” within its…
Hormuz crisis: Venezuela becomes India’s third-largest crude oil supplier in May
Venezuela has emerged as India’s third-largest crude oil supplier so far in May, overtaking Saudi Arabia and the…
Australian investors could face 60 per cent capital gains tax, former treasury official warns
Australian investors could pay up to 60 per cent tax on shares, a former treasury official warned in…
BOJ governor Ueda says discussed economic, market events with prime minister Takaichi
Agreed that BOJ and government will continue to coordinate closelyExplained monetary policy thinking to TakaichiDid not discuss any…
ECB ‘hell-bent’ on rate hike ‘mistake’: economist flags recession risk
The European Central Bank would be making “a big mistake” by hiking interest rates in a bid to…
Biggest drop in petrol purchases in six years hits retail sales in Great Britain | Retail industry
Motorists cutting back on petrol and fuel purchases at the steepest rate since the Covid pandemic in 2020…
UK borrowed bigger than forecast £24.3bn in April as inflation adds to benefits bill – The Guardian
UK borrowed bigger than forecast £24.3bn in April as inflation adds to benefits bill The GuardianUK borrowing hits higher…
Australian wheat farmer on the pressures from the Middle East war and Strait of Hormuz closure
An agricultural expert is sounding the alarm on the war in the Middle East saying the Strait of…
‘Epic opportunity’: New Zealand invites Australian start-ups amid CGT changes
New Zealand is making a bold pitch to Australian business owners unhappy with Labor’s proposed budget. The country’s…
RBNZ set to hold at 2.25% but majority now see hikes coming by end-September
A Reuters poll shows 28 of 29 economists expect the RBNZ to hold rates at 2.25% on May…
ING expects June BOJ rate hike despite softer than forecast Japan CPI
ING says Japan’s softer-than-expected April CPI, driven by government subsidies and a high food base, will not prevent…