Economy

Oil Tops $100 as Iran War Widens, Squeezing Consumers at Pumps and Stores

Crude oil surged past $100 a barrel amid renewed Middle East fighting, pushing gasoline above $4 a gallon and threatening higher costs for U.S. shoppers.

Yen Hits Three-Month High After Rare Joint US-Japan Currency Intervention

The yen strengthened to ¥155 against the dollar after Washington and Tokyo confirmed a rare joint currency intervention, though analysts question its stayi

Shein Proposes Cash Payouts and Extra Shares for Late-Stage Investors Ahead of Hong Kong IPO

Shein is proposing cash payouts and extra shares to late-stage investors to bridge a valuation gap ahead of its planned Hong Kong IPO.

Oil Prices Plunge as Trump Halts Iran Strikes to Pursue Peace Talks

Brent crude fell 5% and European stocks rallied after President Trump called off planned strikes on Iran to pursue Middle East peace negotiations.

Microsoft Set to Report Earnings as Investors Focus on Azure Growth and AI Spending

Microsoft is set to report quarterly earnings after the bell, with investors focused on Azure cloud growth and its plans for AI capital expenditure.

China Holds Steady: Benchmark Lending Rates Unchanged Amid Economic Balancing Act

China's central bank keeps benchmark lending rates unchanged for the ninth consecutive month, navigating economic slowdowns, currency strength, and domestic demand challenges.

France Passes 2026 Budget After Tumultuous Political Stalemate

France's 2026 budget is officially passed after months of political deadlock and successful navigation of no-confidence votes by Prime Minister Lecornu's government.

Australia Lifts Cash Rate to 3.85% as Inflation Re-Accelerates

Australia’s central bank raised its cash rate target to 3.85% after inflation picked up in the second half of 2025, prompting lenders to lift variable mortgage rates in the days ahead.

Europe’s IPO market surges to fastest start since 1995, led by major defence listing

Europe’s IPO market has started 2026 at a record pace, with early listings raising hopes of a revival as investors return and major flotations boost confidence.

Singapore expected to keep policy steady as growth beats forecasts and inflation stays contained

Singapore is expected to keep monetary policy unchanged as growth strengthens and inflation remains contained, giving MAS room to maintain a stable exchange-rate stance.

German business confidence stabilizes as outlook improves slightly and current view softens

Germany’s Ifo business climate index held steady in January at 87.6, showing cautious sentiment as expectations improved slightly while firms judged current conditions more negatively.

Beijing sets 4.5%–5% growth goal as China weighs lower 2026 GDP target

China is expected to set a 2026 GDP growth target range of 4.5% to 5% to gain policy flexibility, while Beijing sets a similar growth goal for the next five years.

China’s Property Woes Trigger Art Market Meltdown

China's once-booming art market is experiencing a significant downturn, directly linked to the ongoing property crisis gripping the nation. The fallout from the real...

Premier Li Champions Innovation-Driven Growth in Guangdong, Urges Strong Start to 15th Five-Year Plan

Premier Li Qiang concluded a significant inspection tour of Guangdong Province, emphasizing the critical role of innovation in driving China's future development. The visit,...

China’s Green Ambitions: A Strategic Economic Gambit

China is increasingly leveraging its ambitious climate goals as a strategic economic advantage. By investing heavily in renewable energy and green technologies, the nation...

China Targets $980 Billion Sports Economy by 2030

China is embarking on an ambitious plan to significantly expand its sports sector, aiming to reach a valuation of 7 trillion yuan (approximately $980...

China Charts Course for 2026: Proactive Policies, Consumer Boost, and Strategic Tariff Adjustments

China is signaling a proactive approach to its economic trajectory for 2026, with significant policy adjustments aimed at bolstering domestic demand and fostering strategic...

China’s Manufacturing Sector Navigates Overcapacity, Expansion, and Export Curbs

China's manufacturing sector is presenting a complex picture, marked by signs of overcapacity and industrial expansion, while simultaneously implementing export restrictions on key materials....

China’s Hidden Bond Tactic Offers Double Yields in Hong Kong

A clandestine practice, previously cracked down upon in mainland China, is resurfacing in Hong Kong's bond market. Local government financing vehicles (LGFVs) are reportedly...

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