From toilet paper to travel: why inflation could soon hit Hongkongers hard
With various Hong Kong industries battered by the world’s highest petrol and diesel prices, economists and business leaders…
Economic stress scares off Australian homebuyers as auction clearances fall | Housing
Victor Baralos knows the power of an auction. He bid against 25 others to buy his home in…
LPG shortage pushes workers to leave metros, hitting jobs and small businesses
India’s energy disruption is no longer just a macroeconomic concern — it is now directly affecting how people…
Trump tightens the valve but keeps the door ajar
Keeps the door ajar Last week, traders leaned into the belief that the worst had passed, that the…
Crude oil price sparks Australia recession fears as unpredictability of Iran conflict continues
More than one million people would be jobless, inflation could double and Australia would plunge into a recession…
IMF chief raises alarm over AI threats to global monetary system stability
WASHINGTON, April 13 — The global monetary system is not prepared to address artificial intelligence’s rapidly escalating…
ECONOMIC WEEK AHEAD: April 13-17
The unresolved Middle East conflict will remain center stage this week. It is having an immediate impact on…
Floating oil storage plunges, but renewed escalation in uncertainty dates the data
A sharp drop in floating storage reflects Middle East tankers restarting movement after ceasefire news, signalling easing disruption.…
Long Middle East war could trigger Australian recession and stagflation, Deloitte modelling shows
A protracted war in the Middle East could push Australia into a recession within months and push unemployment…
Japan 10-year yield hits 29-year high as oil surge lifts inflation fears
Summary: Japan 10-year JGB yield hits 29-year high (2.49%) as oil shock builds US–Iran talks collapse and Hormuz…
Seattle, Washington state see affordability crisis as housing and childcare costs rise
Rising costs for gas, groceries, housing, and childcare are fueling growing economic anxiety in Seattle and across Washington…
Lessons learned in 70s have made US, world economies less vulnerable to oil shocks
Washington: The world economy is experiencing a disorienting flashback to the 1970s. Oil prices are once again surging…