Economy

07:30
View from China

China opens cashew market to all African exporters

China has opened its market to cashew nuts from all African countries with diplomatic relations with Beijing, removing a long-standing barrier that had restricted exports from much of the world's largest cashew-producing continent.

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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.

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.

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