14:09
EBRD Board of Directors to visit Kazakhstan
A delegation from the EBRD’s Board of Directors will visit Kazakhstan from 16 to 20 June 2025
Economy
10:55
US dollar and other safe haven currencies rise as Israel strikes Iran
The U.S. dollar advanced on Friday as investors rushed back into the currency and other safe-haven assets including U.S. Treasury bonds and gold after Israel launched widescale strikes against Iran, sparking Iranian retaliation.
23:00
US producer prices rise 2.6% annually with slight 0.1% monthly increase in May
US producer prices rose 2.6% annually in May, matching market expectations, with a modest 0.1% increase from April, the US Bureau of Labor Statistics reported.
20:00
EU delays new banking rules until 2027 amid global uncertainty
The European Commission confirmed on Thursday it will postpone the implementation of new international banking regulations by a year, citing concerns over global alignment and competitiveness.
15:30
Dollar weakens
Euro hits 4-year high as dollar weakens on trade
The euro surged to its highest level in nearly four years against the U.S. dollar, as global investors turned to safe-haven assets amid growing geopolitical tensions and uncertainty surrounding the U.S.-China trade deal.
07:23
Brent crude oil
EIA Raises 2025 Brent Oil Price Forecast Amid Rising Global Inventories
The U.S. Energy Information Administration (EIA) has slightly increased its forecast for Brent crude oil prices in 2025, despite expectations of growing global stockpiles.
05:24
South Korea Stock Market
South Korea Stock Market Hits Highest Level in Three Years
South Korea's main stock index, the Korea Composite Stock Price Index (KOSPI), rose by 35.19 points, or 1.23%, on Wednesday, closing at 2,907.04. This marks its highest closing level since 14 January, 2022, when it reached 2,921.92 points.
01:00
Azerbaijan and Uzbekistan
Azerbaijan and Uzbekistan Expand Economic Ties
Azerbaijan and Uzbekistan discuss deepening economic cooperation at the IV Tashkent International Investment Forum.
23:00
U.S. budget deficit falls 9% in May as Trump tariffs boost customs revenue
The U.S. budget deficit narrowed to $316 billion in May, marking a 9% drop from last year, largely due to a surge in customs revenue driven by President Trump’s new tariffs.
17:45
Economy
World Bank slashes 2025 global growth forecast amid trade tensions
The World Bank has lowered its global growth forecast for 2025 to 2.3%, warning that escalating trade tensions and policy uncertainty - particularly stemming from U.S. tariffs - pose major threats to global economic stability.
15:48
Largest International Investment Forum in the Region in Tashkent
The forum features plenary sessions, industry-focused panel discussions, B2B meetings, and a large investment exhibition.
12:30
UK commits £14.2 billion to Sizewell C nuclear plant in major energy push
Britain will invest £14.2 billion in building the Sizewell C nuclear power plant in Suffolk, marking a major step in its long-term strategy to boost energy security and meet climate goals.
15:58
Economy
French companies face restructuring amid economic pressures
A number of French companies are facing restructurings due to economic challenges, a situation that has garnered interest from hedge funds specialising in distressed debt.
11:43
economy
Food prices dip in may, grain harvest set for record high
Global food commodity prices experienced a notable decline in May, driven by significant drops in the cost of grains, sugar, and vegetable oils, the United Nations' Food and Agriculture Organization (FAO) reported on Friday.
06:00
Germany unveils tax break plan to revive economy
Germany’s new government has launched a major program aimed at boosting investment and helping Europe’s largest economy recover after two years of decline.
12:12
economy
European Central Bank reduces rates as inflation aligns with target
The European Central Bank has reduced its three key interest rates by 25 basis points, aligning with expectations and reflecting progress toward its inflation target.
16:08
European Commission proposes €193 Billion budget for 2026
The European Commission has unveiled a draft budget for 2026, building on the mid-term revision of the 2021–2027 long-term financial framework. The revised plan responds to recent global challenges—including energy crisis, and rising geopolitical tensions—and aligns spending with the EU priorities.
02:20
Ghana strikes $2 billion agreement to extend Jubilee and TEN Oil field licenses
The Government of Ghana has signed a $2 billion memorandum of understanding with key energy partners to extend oil production licenses for the Jubilee and TEN fields through 2040, aiming to boost output, increase gas supply, and drive infrastructure development.
01:10
S&P 500 ends flat despite tech gains as Trump’s trade policies hit U.S. economy
The S&P 500 barely budged Wednesday as weak job and service sector data revealed the economic fallout from President Trump’s trade war tactics.
00:30
Markets mixed as Trump-Xi trade call offers hope amid weak U.S. economic data
Wall Street closed mostly flat on Thursday as investors weighed renewed trade dialogue between U.S. President Donald Trump and Chinese President Xi Jinping against a batch of disappointing economic data, just ahead of a closely watched U.S. jobs report due Friday.
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