global economy

Israel-Iran escalation sparks oil prices surge, markets brace for supply shock; Hormuz chokepoint back in spotlight

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Oil prices surged over 7% following escalating tensions between Israel and Iran, raising concerns about potential supply disruptions. Brent crude reached levels unseen since January, ...

Israel strikes Iran: Asian stocks tumble; oil and gold surge; investors rush to safe havens

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Asian markets plunged following Israel’s military strike on Iran, escalating Middle East tensions. Oil prices surged over 6%, reaching $73.56 a barrel, while gold saw ...

Cautiously optimistic on growth: P&G

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Feeling the Pulse: Is India’s Economic Engine Ready to Rumble? Okay, let’s talk shop. Not boardroom jargon, not dry statistics, but real-world implications of what’s ...

Asian markets rise on US-China trade optimism; Hong Kong’s Hang Seng up 0.8%; oil prices dip

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Asian stocks experienced a surge following a fresh agreement between the US and China, aimed at de-escalating trade tensions. Japan’s Nikkei 225 climbed by 0.5%, ...

Trade tremors deepen: World Bank slashes global growth forecast to 2.3% for 2025; warns of long-term hit from tariffs, inflation

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The World Bank predicts a sharp slowdown in global growth for the coming year. This is due to trade disruptions caused by US tariffs. These ...

China exports: Global shipments rose 4.8% in May; inflow to US falls nearly 35% amid trade talks

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China’s export growth decelerated in May, rising only 4.8% year-on-year, a significant drop from April’s 8.1% increase, primarily due to a sharp 35% decline in ...

Asian stocks rally as US-China trade talks spark optimism; US jobs data lifts sentiment; Hang Seng jumps 1.4%

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Asian stocks surged on Monday, fueled by optimism surrounding US-China trade talks in London and robust US jobs data. Despite a contraction in Japan’s economy ...

Trade war: US-China trade talks in London next week; Trump says ‘meeting should go very well’

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US officials, including Treasury Secretary Scott Bessent, are set to meet in London for trade negotiations, announced President Trump. This follows a conversation with Chinese ...

OECD cuts global growth forecast to 2.9% in 2025 and 2026 amid escalating trade war

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The OECD has downgraded its global economic growth predictions due to the escalating trade war spurred by US tariffs. The revised forecast indicates a slowdown ...

China manufacturing shrinks in May despite trade war truce

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Okay, buckle up, because things in the world’s factory are looking a little… bumpy. The latest numbers are in, and China’s manufacturing sector, a crucial ...
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