China orders central state-owned enterprises to double spending on basic research
China’s state asset regulator has ordered its central state-owned enterprises (SOEs) to double their basic research spending by…
Economy will be fine ‘if the world continues to remain as optimistic,’ Goldman Sachs CEO says as AI giants plan IPOs
Goldman Sachs’ CEO David Solomon says he believes there’s enough “greed” from investors to absorb the shock of…
Major Japanese Firms Boost Wages by Over 5% Again in 2026
Japan Data Economy Work Politics Jun 5, 2026 Major Japanese companies increased wages by more than 5% for…
Venezuela’s Debt Overhaul Faces New Controversy
When the US removed Nicolás Maduro from power in Venezuela, the expectation was collapse. It has not come. The…
Top Economist Warns That the US Economy Is Flashing Key Warning Signal
The US economy may be growing, but Moody’s chief economist Mark Zandi says that doesn’t mean it’s in…
Portugal’s Rise as Europe’s Safe Haven Investment Destination
Political stability. Disciplined governance. Financial security. When uncertainty rose globally, capital flowed there. Today, a quieter version of…
May ISM services index 54.5 vs 53.8 expected
Business activity index vs 55.9 priorEmployment 47.9 vs 48.0 priorNew orders 57.3 vs 53.5 priorPrices paid 71.3 vs…
Strong shekel squeezes value of export sales, as industry warns of damage to economy
The shekel’s sharp appreciation reached new peaks for positive reasons, but the strong currency is translating into losses…
A rate hike and then what? Our ECB preview | articles
Anything but a rate hike at the 11 June ECB meeting would be a big surprise. The ECB…
SNB Chairman Schlegel says medium-term inflation pressure is basically unchanged
Medium-term inflation pressure is basically unchangedIran war could increase pressure on the Swiss FrancThere’s an increased willingness to…
Fed Officials Not Ready To Move Rates Either Way as Iran Uncertainty Continues — TradingView News
— Rate Hike Sentiment Rising, But Most Inclined to Be Patient — Easing Bias Seems Increasingly Likely To…
ICYMI – Kuwait targets 70% oil output recovery within weeks of Hormuz reopening
Kuwait could restore 70% of oil output within 6-8 weeks of a Hormuz reopening, KPC said, as ADNOC…