China-led SCO bloc looks to fast-track plan for new bank that would rival Western lenders
A 10-nation security and economic bloc that includes China, Russia and Iran has accelerated efforts to launch a…
Watch live: Jamie Dimon speaks at Reagan economic forum
Jamie Dimon, chairman and CEO of JPMorganChase, will speak at the Reagan National Economic Forum on Friday as…
EU’s big 6 pitch a rival to Wall Street – POLITICO
Back-to-back crises have limited the power of the public purse, so policymakers are hoping professional financiers and savers…
Oil set for biggest monthly drop in 6 years, bringing some relief
As May’s final day of oil trading is underway, the price of crude is set for its biggest…
South Africa moves to block substandard Chinese imports as new rules target cheap goods
Beginning in September 2026, importers of selected products from China will be required to obtain Certificates of…
Energy use in the industry sector continues to decline – News articles
In 2024, the EU’s industry sector used 8 835 petajoules (PJ) of energy, an 8.1% decrease compared with…
How the ‘double scar’ of past inflation, geopolitical shocks is hitting consumers
A “double scar” of past inflation woes and geopolitical trauma is warping how consumers view the economy and…
Japan spent $73 billion in yen-buying intervention, ministry data shows
By Kevin Buckland TOKYO, May 29 (Reuters) – Japanese authorities spent 11.7 trillion yen ($73.5 billion) intervening in…
Bank of England’s Bailey says no rush to raise interest rates amid Iran war uncertainty | Bank of England
The Bank of England is in no rush to raise interest rates while the outcome of the Iran…
Taiwan raises 2026 GDP growth outlook to 16-year high on strong AI demand
By Faith Hung and Jeanny Kao TAIPEI, May 29 (Reuters) – Taiwan’s tech-driven economy is expected to grow…
Five industries benefiting from Europe’s defence spending boom
Europe has decided it wants to defend itself on its own terms after decades of treating military budgets…
Markets are trading hope, but inflation is still trading risk
Financial markets are entering the final days of May with a familiar but dangerous contradiction. On one side,…