Click outside menu or press ESC to close
Global · May 31, 2026 · 5 min read
The UAE real GDP grew 6.2% in 2025 to AED 1.9 trillion, with non-oil GDP up 6.8% to AED 1.5 trillion —…
Read more →
Energy & Commodities · May 30, 2026 · 5 min read
Asian rice prices reportedly surged around 20% in May, as war-related supply chain disruption and worsening weather risks pressured one of the…
Read more →
Global · May 30, 2026 · 5 min read
A proposal to issue a $250 US banknote featuring Donald Trump, tied to the 250th anniversary of US independence and linked to…
Read more →
Global · May 29, 2026 · 5 min read
Anthropic has reportedly reached a $965 billion post-money valuation after a $65 billion funding round — up from ~$380 billion in February…
Read more →
USA · May 28, 2026 · 4 min read
Brent slipped 0.2% to ~$94.07 and WTI held near $88.68, the US Dollar Index eased 0.29% to 99.02, and gold rebounded ~1.02%…
Read more →
USA · May 28, 2026 · 4 min read
US headline PCE inflation rose to 3.8% year-on-year in April 2026 (core +3.3%), real consumer spending grew just 0.1%, the personal saving…
Read more →
China · May 28, 2026 · 5 min read
Hong Kong narrowly overtook Switzerland as the world’s largest cross-border wealth booking center in 2025, reaching about $2.95 trillion versus Switzerland’s $2.94…
Read more →
UK · May 27, 2026 · 4 min read
UK households are set to face another rise in energy bills from July, as global gas market volatility feeds directly into domestic…
Read more →
Energy & Commodities · May 27, 2026 · 3 min read
Russian crude exports are moving close to their highest levels of 2026 as disruption around the Strait of Hormuz reshapes global oil…
Read more →
USA · May 27, 2026 · 4 min read
US tariff refunds are entering a major operational phase, with around USD 20.6 billion moving toward disbursal to importers that successfully filed…
Read more →
Energy & Commodities · May 27, 2026 · 5 min read
Gold remained under pressure near the $4,500 per ounce zone after several sessions of weakness, as markets reassessed the chances of a…
Read more →
China · May 26, 2026 · 4 min read
Aluminium prices have surged close to their highest level in four years as markets react to potential production cuts in China, the…
Read more →
The Bank of England kept its main interest rate unchanged at 3.75% on 18 June 2026, but a split vote and a hawkish minority underscored the dilemma facing policymakers as energy-driven inflation lingers. The Monetary Policy Committee (MPC) voted by a majority of 7–2 to maintain Bank Rate, with two members voting to raise it…
OPEC reaffirmed its long-held view that there is no peak in oil demand on the horizon, raising its long-term forecast as it launched the 20th edition of its flagship World Oil Outlook on 18 June 2026. The report projects that global oil demand will keep growing for decades, reaching 124.1 million barrels per day (mb/d)…
A broad retreat swept across the commodities complex this week as a US–Iran agreement to reopen the Strait of Hormuz drained the war-risk premium that had inflated prices since the conflict began. Crude oil and precious metals led the decline into Thursday, while US natural gas stood out as the only gainer in the basket….
Japan’s merchandise trade balance returned to deficit in May 2026, recording a shortfall of about 378.6 billion yen, or roughly 2.36 billion US dollars, on an unadjusted basis. The figures were released by Japan’s Ministry of Finance on 17 June 2026 in the provisional trade statistics for the month. The result marked the first monthly…
Qatar, Bahrain and the UAE keep interest rates steady after the US Federal Reserve holds rates, while Saudi Arabia, Kuwait and Oman maintain stable policy levels under their dollar-linked frameworks.
The global economy is so far absorbing the shock of the conflict in the Middle East without tipping into a slowdown, but the risks remain elevated and uneven, IMF Managing Director Kristalina Georgieva said in a blog published on 15 June 2026. More than three months into the war, she wrote, commodity prices, inflation and…
In his first appearance as Federal Reserve Chair, Kevin Warsh used the June policy meeting not only to hold interest rates steady but to begin reshaping how the central bank communicates, stripping back its statement, declining to submit his own interest-rate forecast, and unveiling a sweeping internal review. The substance of policy was unchanged —…
The Bank of Japan raised its policy interest rate to around 1.0% from 0.75% on 16 June 2026, lifting borrowing costs to their highest level since 1995 and signalling that further increases are likely. The 25-basis-point move marked another step in the central bank’s gradual exit from the ultra-loose monetary policy that defined Japan for…
US retail sales rose more strongly than expected in May 2026, signalling that American consumer demand remained resilient despite elevated inflation and high interest rates. Advance estimates of US retail and food-services sales increased 0.9% on the month to US$763.7 billion, and were up 6.9% from May 2025, the Census Bureau reported on 17 June…
China’s economy showed a widening internal split in May 2026, as consumer spending unexpectedly contracted while industrial production accelerated, according to data released by the National Bureau of Statistics (NBS) on 16 June 2026. The figures point to a two-speed economy in which the supply side remains resilient but domestic demand is softening — a…