Economy

12:11

Global bond yields rise as oil prices fuel inflation fears

Government bond markets from Tokyo to New York extended losses on Monday (18 May) as rising energy prices linked to the Middle East conflict heightened inflation concerns and reinforced expectations that major central banks could keep interest rates higher for longer.

16:38
China-U.S. Tariff War

How America and China turned trade into a weapon

By the time American shoppers began noticing higher prices on everything from trainers to televisions, the world's two largest economies were already deep in a trade war that left the world wondering how it would end.

17:07
OPEC

UAE to quit OPEC in blow to Saudi Arabia

The United Arab Emirates has said it's quitting OPEC from 1 May, dealing a major blow to the oil producers’ group and its de facto leader, Saudi Arabia, amid disruption caused by the Iran war.

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17:54
Middle East conflict

EU sees no immediate oil supply impact from Iran conflict

The European Commission sees no immediate impact on the European Union's security of oil supply from the escalating conflict in the Middle East, it said in an email to EU governments, seen by Reuters on Monday (2 March).

06:00
Economy

Global debt hits record $348 trillion in 2025

Global debt surged to a record $348.3 trillion at the end of 2025, after nearly $29 trillion was added over the year, marking the fastest annual increase since the pandemic, according to the Institute of International Finance (IIF) report released on Wednesday.

00:30
Energy & sanctions

Chevron seeks improved terms from Iraq to take over West Qurna 2 oilfield

Chevron is in talks with Iraq’s oil ministry over potential changes to the commercial framework governing the West Qurna 2 oilfield, one of the world’s largest producing assets, after Baghdad nationalised the field earlier this month following U.S. sanctions imposed on Russia’s Lukoil.

11:29
GLOBAL RESERVES

U.S. dollar’s role in global reserves falls as gold overtakes

The U.S. dollar's share of global reserves fell to nearly 40% at the end of 2025, according to the International Monetary Fund (IMF), which says it's 10% lower than at the start of 2024. However, gold has risen and overtaken the dollar to be above 50% in global reserves according to the IMF data.

03:11
Dollar gains

U.S. dollar gains as Euro falls on European inflation data

The U.S. dollar has strengthened against major peers on Tuesday, while the euro fell following slower-than-expected inflation in Europe. Market movements were relatively subdued as investors focused on upcoming U.S. economic data.

01:19
Market Gains

Wall Street climbs as Dow nears record

Wall Street closed higher on Tuesday, boosted by optimism over artificial intelligence (AI) and a strong rally in Moderna shares, with the Dow Jones Industrial Average approaching a record high.

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