High energy costs still haunt Philippines, Southeast Asia neighbours – Asia News Network
June 18, 2026 MANILA – Households in the Philippines and in neighboring countries continue to face significant pressure…
American oil giant joins South Africa’s first LNG import hub as coal-dependent economy races to secure future power supplies
ExxonMobil has entered into an initial agreement with the Zululand Energy Terminal (ZET), a proposed LNG import…
China’s policy blitz at Lujiazui Forum – what it means for markets, outflows and the yuan
With Chinese financial regulators taking further steps to broaden outbound-investment channels and facilitate cross-border capital flows, analysts see…
South Africa saves 234-year-old Post Office from collapse after cutting 4,300 jobs
The South African Post Office (SAPO), one of the country’s oldest public institutions, has asked a court…
Why Xi is walling in China’s money – and why it won’t work
TOKYO – China’s latest fix for its ailing economy: build a better birdcage. The metaphor runs deep in…
Egypt’s currency becomes world’s best performer as oil prices collapse and investors confidence return
Egypt’s pound has emerged as the world’s best-performing currency after a sharp decline in global oil prices…
Indonesia’s central bank hikes rates again, totaling 1% in span of a month
Markets Bank Indonesia sees 5.75% interest rate as stabilizing the rupiah and preventing capital outflows Bank Indonesia raised its…
Wall Street Futures Rebound as Markets Weigh Fed Outlook and U.S.-Iran Peace Agreement: Dow Jones, S&P, Nasdaq
wall street buildings and sign NEW SIZE ©Shutterstock U.S. stock futures moved higher on Thursday as investors assessed…
Bank of England keeps interest rates at 3.75% as Iran conflict weighs on economy | Bank of England
The Bank of England has left interest rates on hold, arguing that reacting too quickly to inflation threats…
Libya’s latest oil well strengthens comeback of Africa’s largest crude reserves holder
The National Oil Corporation (NOC) said the well is producing 3,209 barrels of crude oil per day…
Interest rates kept on hold at 3.75% – BBC
Interest rates kept on hold at 3.75% BBCBank of England holds interest rates at 3.75% BBCBank of England leaves interest…
Retail sales rose again in May. How do consumers keep spending?
The U.S. consumer: resilient, unvanquished, indefatigable. The May retail sales report released on Wednesday from the U.S. Department…