A US quincentennial will also hinge on immigrants
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Gold rises
REUTERS
6 hour(s) ago Global Economy
Oil falls for a third straight day
REUTERS
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Dollar steady
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US factory activity slows
AFP, Washington
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US refuses to extend North America trade pact in current form
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2 July 2026, 13:41 PM Business
Trump earned over $1b from crypto ventures in 2025
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Oil falls over 1%
REUTERS, London
2 July 2026, 00:00 AM Global Economy

ECB sees slowing vaccine tempo as risk to financial stability

Low vaccination rates in some parts of the world are a future risk to financial stability, the European Central Bank said in a report on Wednesday, while the recovery from the pandemic has eased pressure on the economy.
17 November 2021, 18:00 PM

Yellen warns US could again hit debt limit on Dec 15

The US government may run out of money by December 15, Treasury Secretary Janet Yellen warned Tuesday in a letter encouraging lawmakers to raise the country’s debt limit to avoid a default.
17 November 2021, 18:00 PM

US, Japan to rebuild trade ties with new forum, meetings

The United States and Japan announced on Wednesday a new trade partnership to boost cooperation on labor, environment and digital trade issues, with an emphasis on  “third country concerns,” a reference to China’s state-driven economic policies.
17 November 2021, 18:00 PM

Uber resumes shared rides in US

Ride-hailing giant Uber has resumed its ride-sharing service in the United States, a top executive announced Tuesday, offering customers in Miami a feature that was stopped last year because of the Covid-19 pandemic.
17 November 2021, 18:00 PM

Russian central bank says high inflation a disaster

Russia’s central bank chief warned Monday that record-breaking inflation was a  “real disaster” for the country and urged the government to take action.
16 November 2021, 18:00 PM

Lagarde stays quiet on ECB rate rises beyond 2022

European Central Bank President Christine Lagarde said on Monday she would not  “venture” into speculation over interest rate rises in 2023 amid pressure for the bank to define its response to high inflation.
16 November 2021, 18:00 PM

Oil price rally may start to ease: IEA

The International Energy Agency (IEA) said Tuesday a reprieve from soaring oil prices may be on the horizon as output increases.
16 November 2021, 18:00 PM

UK unemployment drops as vacancies hit new high

Britain’s unemployment rate has fallen further with the economy reopen following a pandemic lockdown, with vacancies hitting a fresh peak, data showed Tuesday.
16 November 2021, 18:00 PM

Outlook starting to brighten for aviation: Airbus CEO

The global aviation sector has begun to emerge from the Covid pandemic, its worst-ever crisis, and the  “outlook is starting to brighten”, Airbus CEO Guillaume Faury told journalists Monday.
16 November 2021, 18:00 PM

Shell plans UK relocation, sparking Dutch outrage

Energy giant Shell on Monday announced plans to switch headquarters from the Netherlands to the UK and drop Royal Dutch from its name, in a major shakeup that angered the Dutch government.
16 November 2021, 18:00 PM

Sri Lanka shuts only oil refinery as dollar shortage bites

Sri Lanka shut its only oil refinery Monday after running out of dollars to import crude, in an escalating economic crisis that has triggered shortages of food and other staples.
16 November 2021, 18:00 PM

Coal stocks lose ground after Glasgow climate deal

An international agreement to reduce coal use has seen mining share prices fall, but tight supply of the commodity provided a floor for a sector that has chalked up huge gains this year.
15 November 2021, 18:00 PM

China’s factory output, retail sales see surprise jump

China’s economy showed signs of stabilising in October, according to data on Monday, with retail sales and factory output beating expectations as a power supply crisis appeared to ease.
15 November 2021, 18:00 PM

Asian markets rise

Asian equity markets mostly rose Monday to build on a recent run-up following another healthy showing on Wall Street, though inflation concerns continue to dampen the mood.
15 November 2021, 18:00 PM

Thai economy shrinks, hopes for tourism-led recovery

Thailand’s economy shrank in the third quarter, official data showed Monday, but hopes for a gradual recovery are picking up after the kingdom’s reopening to foreign tourists this month.
15 November 2021, 18:00 PM

Covid hits Japan economy harder than expected in Q3

Japan’s economy shrank far more than expected in the three months to September, as a surge in virus cases hit spending and supply chain issues hampered business, data showed Monday.
15 November 2021, 18:00 PM

Migrants eye Belarus to move to EU as tourists

When Kamaran Mohammed travelled with his wife and three children to the Belarus capital Minsk last month from their home in northern Iraq, they went as tourists.
15 November 2021, 16:29 PM

Musk says stock sale impact ‘closer to tax maximisation’

Tesla CEO Elon Musk said Saturday the result of his sale of nearly $7 billion worth of Tesla shares this week was “closer to tax maximization than minimization.”
14 November 2021, 18:00 PM

Canada pauses imports from Malaysia glove maker Supermax

Canada has paused imports from Malaysian glove maker Supermax Corp as it awaits the results of an audit, weeks after the United States barred the firm over allegations the company uses forced labour.
14 November 2021, 18:00 PM

US states file updated antitrust complaint against Google

A group of US states led by Texas have filed an amended complaint against Alphabet Inc’s Google accusing the tech giant of using coercive tactics and breaking antitrust laws in its efforts to boost its already dominant advertising business.
14 November 2021, 18:00 PM