Canada: Trade surplus widens as investment rises – RBC
Royal Bank of Canada (RBC) economists Abbey Xu and Nathan Janzen note that Canada’s merchandise trade surplus increased…
Store closures alert: Footwear retailer Russell & Bromley shuts ALL stores after 146 years of business
Russell & Bromley, the historic British luxury footwear retailer, has completed its final day of trading after shuttering…
One-year inflation expectations hit the highest since 2023 in New York Fed survey
Highlights of the latest NY Fed survey: Three-year inflation expectations 3.3% vs 3.1% prior — highest since June…
US trade deficit surges amid artificial intelligence spending boom | Business and Economy News
Imbalance soars to $77.6bn in May as imports outpaced exports, driven by pharmaceuticals and semiconductors. Published On 7…
Norway, a country of 5.5 million people that discovered oil off its coast in 1969, has built the world’s largest sovereign wealth fund — worth more than $2 trillion in 2026 and holding stakes in roughly 1.5 percent of all publicly listed shares on the planet — meaning every Norwegian citizen effectively owns nearly $400,000 of the fund on paper
A country of 5.5 million people owns, through a single state fund, close to one and a half…
Global Vision International enters liquidation as all trips cancelled
A UK travel company has entered liquidation after suddenly ceasing trading, with all future trips cancelled. The collapse…
Germany: Factory recovery prospects – Commerzbank
Commerzbank’s Dr. Ralph Solveen notes that German industrial output rose 0.9% in May versus April, leaving April–May production…
Recession off the cards but Australia faces dreary outlook, economists say | Australian economy
Fears of a recession have fallen away, with economists saying that Australia is set to safely navigate the…
German factory output rises more than expected in May
Industrial production +0.9% vs +0.2% m/m expectedPrior +0.4%; revised to +0.2% That’s a modest bump up in German…
Euro: ECB cautious as euro area outlook stays fragile – BNY
BNY’s Geoff Yu cites European Central Bank (ECB) Governing Council member Fabio Panetta, who describes a fragile Euro…
Summer peak: 31% of tourism nights in August and July – News articles
In 2025, 31.1% of all overnight stays in tourist accommodations across the EU took place during the 2…
AI ‘central plank’ in Hong Kong’s economic development, John Lee says
Hong Kong’s high-quality economic development will be guided by its first five-year blueprint and the coming policy address,…