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Economy

14110 posts
EEconomy
DR Congo moves to secure stake in $270 million Zambia power link amid mining energy crunch
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DR Congo moves to secure stake in $270 million Zambia power link amid mining energy crunch

  • May 7, 2026
According to the finance ministry, the proposed investment would give Kinshasa a direct role in a 200-kilometre…
EEconomy
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Japan’s rice warehouse stockpile hits record high as consumers, restaurants reject high prices

  • May 7, 2026
Rice is supposed to be the foundation of the Japanese diet, but these days there’s a whole lot of…
EEconomy
Chinese exporters 'numb' to U.S. threats as Trump set to visit
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Chinese exporters ‘numb’ to U.S. threats as Trump set to visit

  • May 7, 2026
SHANGHAI/BEIJING, May 7 (Reuters) – President Donald Trump’s visit to Beijing this month is none of her business,…
EEconomy
Interest rates, inflation: Australia’s dollar jumps on rate hikes
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Interest rates, inflation: Australia’s dollar jumps on rate hikes

  • May 7, 2026
Rising domestic interest rates have propelled the Australian dollar to a four-year high, delivering welcome news for overseas…
EEconomy
Middle East conflict: Three opportunities for India to secure supply chains in energy, fertilizers & defence - explained
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Middle East conflict: Three opportunities for India to secure supply chains in energy, fertilizers & defence – explained

  • May 7, 2026
According to Morgan Stanley, energy, fertilizers, and defence will be the top focus areas that the government would…
EEconomy
Rare Inflation Signal Flashing for First Time in 65 Years, Stifel Says
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Rare Inflation Signal Flashing for First Time in 65 Years, Stifel Says

  • May 7, 2026
An inflation warning that hasn’t been seen in over half a century is making its latest appearance. Loading…
EEconomy
Bank of Canada head Macklem warns consecutive rate hikes possible if oil prices stay high
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Bank of Canada head Macklem warns consecutive rate hikes possible if oil prices stay high

  • May 7, 2026
Bank of Canada Governor Tiff Macklem warned that if high oil prices begin feeding into broader inflation, the…
EEconomy
BOJ debated need for rate hike if energy shock persists, minutes show
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BOJ debated need for rate hike if energy shock persists, minutes show

  • May 7, 2026
By Leika Kihara TOKYO, May 7 (Reuters) – Many Bank of Japan board members saw the need to…
EEconomy
EU countries need more 'targeted measures' to tackle soaring energy prices, says IMF's Helge Berger
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EU countries need more ‘targeted measures’ to tackle soaring energy prices, says IMF’s Helge Berger

  • May 7, 2026
European capitals have failed to provide targeted measures to shield suffering households and businesses from soaring energy prices,…
EEconomy
DR Congo eyes stake in $270M Zambia power link
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DR Congo eyes stake in $270M Zambia power link

  • May 7, 2026
DR Congo is set to take an equity stake in a $270 million cross-border power line linking the…
EEconomy
Rising diesel costs push Africa’s telecom giants toward solar power despite China’s plan to end export incentives
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Rising diesel costs push Africa’s telecom giants toward solar power despite China’s plan to end export incentives

  • May 7, 2026
The shift comes despite China’s plan to end tax rebates on solar panel exports, a move analysts…
EEconomy
Hassett says AI boom and capital spending are driving Wall Street rally
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Hassett says AI boom and capital spending are driving Wall Street rally

  • May 7, 2026
White House National Economic Council Director Kevin Hassett joins ‘Mornings with Maria’ to break down soaring markets, falling…
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