South Korea’s new president Lee Jae-myung wasted no time addressing economic concerns, launching his first cabinet meeting with an urgent focus on reviving the economy and supporting struggling households.
Canadian manufacturers and union leaders are warning of job losses and sales disruptions after the U.S. raised tariffs on Canadian steel and aluminum to 50%, prompting Ottawa to prepare retaliatory measures.
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.
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.
In May 2025, Türkiye’s annual inflation rate declined to 35.41%, down from 37.86% in April and falling short of the market forecast of 36.1%. This represents the lowest rate recorded since November 2021, as price increases slowed across almost all categories.
Disney is cutting several hundred more jobs across its global operations, targeting departments like film, TV, and finance, as it continues to streamline costs in a rapidly evolving media landscape.
U.S. stocks pushed higher on Monday, closing in on record levels after a volatile start to the day. Despite weak manufacturing data and renewed trade tensions between the U.S. and China, investor optimism held strong, with major indexes recovering thanks to tech gains and a surge in oil prices.
Asia’s manufacturing sector shrank in May as weak demand from China and rising U.S. tariffs hit exports and clouded the region’s economic outlook.
Germany’s economy may see growth in 2026, but only if the new coalition’s massive investment plan is effectively implemented, experts say.
Brazil’s economy is expected to have regained momentum in the first quarter of 2025, driven by a surge in household spending and private investment, according to a Reuters poll of economists conducted from May 21–26.
Turkmenistan’s freight transit is on the rise, with over 2 million tons moved in just four months — a 20% surge from last year.
The Singapore dollar gains ground against the U.S. dollar, driven by growing momentum in the so-called “sell America” trend triggered by renewed tariff threats.
Chinese Premier Li Qiang says Beijing is considering new, even unconventional, policy tools as global trade disruptions intensify.
Denmark has become the first European country to raise its retirement age to 70, aiming to secure the sustainability of its welfare system amid changing demographics and longer life expectancy.
Turkmenistan’s Deputy Minister of Foreign Affairs, Serdar Muhammetdurdiyev, met with the International Monetary Fund (IMF) delegation led by Anna Rose Bordon, head of the IMF mission in Turkmenistan.
The U.S. Mint will end production of the penny by early next year, citing high manufacturing costs and a directive from President Donald Trump.
The German Council of Economic Experts has lowered its forecast for Germany’s economy, now expecting stagnation in 2025 amid industrial challenges and ongoing impacts from U.S. tariffs, while modest growth is anticipated to resume in 2026 thanks to a major fiscal stimulus plan.
Marks and Spencer (M&S) has revealed it could lose up to £300 million in trading profits following last month’s ransomware attack, with operational disruptions expected to continue for months.
Kazakhstan is boosting support for small and medium-sized enterprises (SMEs) to attract European investment and accelerate economic growth.
European and global markets opened cautiously on Tuesday as investors digest a mix of geopolitical developments and await clarity on stalled trade negotiations ahead of the July deadline for the reactivation of U.S. tariffs.
Germany's finance ministry is pushing forward with its 2025 and 2026 budget plans, focusing on fiscal savings while addressing security and economic challenges, according to a recent government document.
Qatar Airways has achieved its highest-ever annual profit of $2.15 billion, driven by record passenger numbers as global aviation continues to recover from the pandemic.
Pope Leo XIV, the first U.S. pope, has ignited global intrigue with his bold vision to reshape the Church’s role in modern economics, drawing inspiration from the transformative legacy of Leo XIII.
Sony reports an 18% rise in profit for the fiscal year ending March 31, driven by strong demand in music and gaming sectors, despite a slowdown in its financial segment.
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