Euro zone stalls as energy shock bites
Business surveys show war-driven cost pressure is already hitting activity Private sector growth in the euro zone nearly stalled in March, adding to signs that the war in the Middle East is
Bank of England Holds as Iran War Clouds Outlook
Markets shift from rate-cut hopes to fears of tighter policy The Bank of England has left interest rates unchanged, but the decision did little to calm markets increasingly worried that the conflict
US Diesel Tops $5 as Oil Shock Hits Economy
Fuel surge raises pressure on freight and consumer costs Diesel prices in the United States have climbed above $5 a gallon for the first time in more than three years, signaling a
BOJ Warns of Risks in Moving Toward Higher Interest Rates
Japan faces unique uncertainty amid global policy shifts The Bank of Japan (BOJ) must tread carefully in its efforts to normalize monetary policy, said Assistant Governor Seiichi Shimizu on Thursday. Speaking at
US Small-Business Confidence Falls in September
Optimism index drops as uncertainty rises The National Federation of Independent Business (NFIB) reported a significant drop in small-business sentiment in September. Its Optimism Index fell 2.0 points to 98.8, marking the
Yen and euro slump as markets react to rate risks
Yen heads for worst week in a year The Japanese yen steadied slightly on Friday, rising 0.2% to 152.7 per U.S. dollar, but remained near its weakest level since mid-February. For the
Germany unveils urgent plan to revive its economy
Coalition agrees on jobs-focused reforms after economic slump Germany’s coalition government, led by Chancellor Friedrich Merz, has announced a series of urgent measures aimed at stabilizing the economy and reversing two years
IMF warns of fragile global resilience amid uncertainty
“Buckle up” moment for the world economy The global economy has shown unexpected strength in the face of significant disruptions like President Donald Trump’s sweeping tariffs. However, International Monetary Fund (IMF) Managing
More NZ Banks Cut Mortgage Rates Ahead of OCR Decision
BNZ and Kiwibank lead with rate reductions Several New Zealand banks are reducing fixed mortgage rates ahead of the Reserve Bank’s official cash rate (OCR) announcement this week. On Tuesday, BNZ lowered
Europe Resists Trump Tariff Impact With Growth Measures
Lagarde says eurozone avoided major shock thanks to smart strategy The eurozone economy is showing unexpected resilience amid U.S. President Donald Trump’s latest wave of tariffs. European Central Bank President Christine Lagarde
Goldman Sachs CEO Predicts Growth Despite Market Risks
Stimulus and AI Spending to Fuel U.S. Economy Goldman Sachs CEO David Solomon anticipates that the U.S. economy will accelerate into 2026, powered by sustained government stimulus and massive investments in artificial
US GDP Revised Up, Signals Continued Economic Strength
Second-quarter growth jumps to 3.8% on strong consumer spending The United States economy grew more than previously reported in the second quarter, as the Commerce Department’s final estimate showed GDP expanding at
Germany’s 2025 Growth Outlook Raised to 0.2%
Economic institutes adjust forecast amid trade headwinds Germany’s leading economic institutes have slightly upgraded their 2025 growth forecast, now projecting 0.2% expansion for Europe’s largest economy, according to sources familiar with the