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Egypt · Jun 28, 2026 · 6 min read
Nassef Sawiris has moved to take OCI Global private, offering shareholders a cash exit that could resolve a months-long governance and strategic…
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Global · Jun 28, 2026 · 4 min read
The Bank for International Settlements has warned, in its Annual Economic Report 2026, that record-high public debt has created a new fiscal-financial…
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EU · Jun 28, 2026 · 2 min read
Jordan's exports to the European Union rose 49.3 percent year on year in the first four months of 2026, a notable gain…
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Global · Jun 28, 2026 · 3 min read
The United States goods trade deficit widened sharply in May to its largest in more than a year, a sign that the…
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China · Jun 28, 2026 · 3 min read
Apple has asked US officials for clearance and policy assurances to buy memory chips from ChangXin Memory Technologies, a Chinese DRAM manufacturer…
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China · Jun 28, 2026 · 3 min read
Profits at China's large industrial firms rose 18.8 percent year on year in the first five months of 2026, to about 3.14…
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Global · Jun 27, 2026 · 4 min read
The artificial intelligence boom could add to inflation through more channels than the cost of advanced chips, according to IMF chief economist…
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Global · Jun 27, 2026 · 3 min read
Tokyo consumer inflation accelerated in June, giving markets an early signal that Japan's price pressures are firming again after several months of…
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Global · Jun 27, 2026 · 4 min read
S&P Global Ratings has affirmed the United States' long-term sovereign credit rating at AA+ and its short-term rating at A-1+, with a…
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Energy & Commodities · Jun 27, 2026 · 3 min read
Settlement prices in this wrap are the official Friday 26 June exchange settlements, the last regular session before the weekend, captured using…
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EU · Jun 27, 2026 · 3 min read
France's business climate stabilised in June, but the labour market signal weakened, pointing to a fragile recovery in the euro area's second…
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Global · Jun 27, 2026 · 4 min read
The Bank of Japan has moved further into policy normalisation, with its June communication pointing to more rate increases if the economy…
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China’s official foreign-exchange reserves fell to about 3.416 trillion dollars at the end of June, down roughly 26 billion dollars on the month, as a stronger US dollar reduced the value of holdings denominated in other currencies, according to the State Administration of Foreign Exchange. At the same time, the central bank extended its run…
The US trade deficit widened sharply in May, to 77.6 billion dollars from a revised 54.6 billion in April, as imports rebounded and exports fell, according to the Commerce Department. The gap widened by 23.0 billion dollars in a single month, or about 42 percent, our calculation, reversing part of the earlier narrowing that had…
Japanese workers saw their real wages rise for a fifth consecutive month in May, as nominal pay growth stayed above 3 percent, in a further sign that the country’s long-awaited cycle of rising wages is taking hold. Nominal labour cash earnings rose 3.2 percent from a year earlier, extending a run of increases to a…
German industrial production rose 0.9 percent in May from the previous month, beating expectations and pointing to a tentative recovery in the euro area’s industrial heartland, led by a rebound in carmaking. The increase, reported by the federal statistics office, followed a modest 0.2 percent rise in April and was driven by a 3.6 percent…
The Bank of England warned that high equity-market valuations, a rapid build-up of leverage and fast-growing financing tied to artificial intelligence pose risks to financial stability, in its July Financial Stability Report. The central bank’s Financial Policy Committee said the vulnerabilities it had flagged previously persist and have in some ways become more pronounced. The…
Americans’ near-term inflation expectations rose in June to their highest in almost three years, according to the New York Federal Reserve’s Survey of Consumer Expectations, a reading that lands just as investors await the minutes of the Federal Reserve’s June meeting. The one-year-ahead median inflation expectation increased 0.2 percentage point to 3.7 percent, the highest…
China’s economic growth is projected to slow to 4.4 percent in 2026 and ease further to 4.3 percent in 2027, the World Bank said in its latest China Economic Update, as the shift away from investment and exports toward household consumption proceeds only gradually. The report, titled Rebalancing Growth, described an economy that stayed resilient…
Investor confidence in the euro area rebounded sharply in July, while data released the same day showed producer-price inflation climbing on higher energy costs, a mixed but broadly firmer read on the bloc’s economy. The Sentix investor-sentiment index jumped to minus 3.1 from minus 13.4 in June, its third consecutive monthly rise and well above…
Retail sales in the euro area rose 0.2 percent in May from the previous month, a modest rebound that suggests consumer spending is steadying after a soft patch, according to Eurostat. Across the wider European Union the increase was firmer at 0.5 percent, and both figures marked a turnaround from April, when euro-area sales fell….
Consumer price inflation across the OECD rose to 4.6 percent in the year to May, up from 4.4 percent in April, as a renewed climb in energy costs offset easing food prices, the Organisation for Economic Co-operation and Development reported. The uptick came as the OECD launched its annual Employment Outlook, which warned that labour…