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Today: May 08, 2026
Today: May 08, 2026

global economy

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Forget 'fiscal discipline,' record govt debt is here to stay: McGeever

With government debt levels sky high across the developed world, leaders are being warned to get their fiscal houses in order, but in an age of

Forget 'fiscal discipline,' record govt debt is here to stay: McGeever
Business|Economy|Political|World

Trump says Iran can phone if it wants to talk; Iranian minister heads to Russia

President Donald Trump said on Sunday Iran could telephone if it wants to negotiate an end to their two-month

Trump says Iran can phone if it wants to talk; Iranian minister heads to Russia
Business|Economy|Environment|Political|World

Oil prices end volatile session mixed but up sharply for the week on supply worries

Oil prices whipsawed in volatile trade on Friday, but were higher on the week, as traders weighed supply disruptions against the

Oil prices end volatile session mixed but up sharply for the week on supply worries
Business|Economy|Finance|Stock Markets|World

Tech boosts US stocks to record close, oil dips on signs of Iran peace progress

The S&P 500 and the Nasdaq notched all-time closing highs on Friday as investors assessed signs of progress in U.S.-Iran peace talks and weighed solid

Tech boosts US stocks to record close, oil dips on signs of Iran peace progress
Business|Economy|Finance|Stock Markets|World

UK stocks end week lower as fragile U.S.-Iran truce weighs; BoE flags risks

UK's main stock indexes recorded weekly losses as investors assessed tentative signs of renewed U.S.-Iran peace talks, while a Bank of England warning that global stocks could

UK stocks end week lower as fragile U.S.-Iran truce weighs; BoE flags risks
Business|Economy|Finance|US|World

US discussing dollar swap lines with Gulf and Asian partners, Treasury's Bessent says

The United States is discussing currency swap lines with other countries including Gulf and Asian partners, Treasury Secretary Scott Bessent

US discussing dollar swap lines with Gulf and Asian partners, Treasury's Bessent says
Business|Economy|Finance|Stock Markets|World

Stocks close lower on fading hopes for quick Iran deal, mixed quarterly earnings

U.S. stocks fell in choppy trading on Thursday as hopes dimmed for a quick end to the Iran war, while investors grappled with a

Stocks close lower on fading hopes for quick Iran deal, mixed quarterly earnings
Business|Economy|Finance|Stock Markets|World

US stocks end lower, oil climbs as cracks appear in fragile US-Iran truce 

Wall Street stocks dipped on Thursday and crude prices rose as Iran flaunted its control over the Strait of Hormuz and on signs of escalation in the

US stocks end lower, oil climbs as cracks appear in fragile US-Iran truce 
Asia|Business|Economy|Europe|Finance|Stock Markets|World

Iran war impact seeps ever deeper into global economy

The global economy is facing ever more tangible strains from the energy shock triggered by the Iran war

Iran war impact seeps ever deeper into global economy
Business|Economy|Environment|Food|World

Iran war pushing more than 30 million back into poverty, UN development chief says

More than 30 million people will be pushed back into poverty by the impacts of the Iran war including disruptions to fuel and fertiliser supplies just

Iran war pushing more than 30 million back into poverty, UN development chief says
Business|Economy|Europe|Finance|Stock Markets|World

How much risk can markets swallow?

A look at the day ahead in European and global markets from Rae Wee It's hard to pop the champagne when you're constantly looking over your shoulder.

How much risk can markets swallow?
Business|Economy|Technology|World

Boeing CEO: Trump is key to closing major plane order from Chinese airlines

Boeing is counting on the Trump

Boeing CEO: Trump is key to closing major plane order from Chinese airlines
Business|Economy|Environment|Finance|World

From paint to flights, Iran war lifts costs, darkens outlooks

Companies from consumer goods to travel and mining warned on Wednesday that the U.S.-Israeli war with Iran is

From paint to flights, Iran war lifts costs, darkens outlooks
Business|Economy|Finance|Political|Stock Markets|World

Wall Street rises on Iran ceasefire extension and solid earnings

U.S. stocks climbed on Wednesday after U.S.

Wall Street rises on Iran ceasefire extension and solid earnings
Africa|Business|Economy|Finance|Stock Markets|World

South African inflation nudges higher ahead of expected April surge

South Africa's headline consumer inflation edged up as expected last month, but analysts said the increase would be far larger in April when fuel

South African inflation nudges higher ahead of expected April surge
World

Asian shares are mixed and oil prices little changed as investors watch for US-Iran talks

Shares are mixed in Asia and oil prices are little changed as markets watch for the latest developments in the war with Iran

Asian shares are mixed and oil prices little changed as investors watch for US-Iran talks
Business|Economy|Environment|Political|World

US announces ceasefire extension with Iran

U.S.

US announces ceasefire extension with Iran
Business|Economy|Finance|Stock Markets|World

Prolonged energy disruption to widen India trade deficit, strain fiscal account, Moody's says

A prolonged disruption in energy supply can widen India's trade deficit and strain the fiscal account of the world's fastest-growing major economy, according to rating agency

Prolonged energy disruption to widen India trade deficit, strain fiscal account, Moody's says
Business|Economy|Finance|Stock Markets|World

Wall Street closes slightly down on renewed tensions between US, Iran

U.S. stocks closed slightly lower on Monday, with each of the three major indexes coming off a third straight week of gains, as

Wall Street closes slightly down on renewed tensions between US, Iran
Business|Economy|World

Value of global dealmaking recovers as firms pursue big transactions after Iran war

The value of global dealmaking has rebounded after a sharp slump in the weeks after the start of the war in Iran, as companies and investors shrug off volatility and press

Value of global dealmaking recovers as firms pursue big transactions after Iran war
Business|Economy|Travel|World

What consumers can do as the Iran war impacts the cost and availability of flights

As the U.S. and Israel’s war with Iran squeezes global oil supplies, travelers have valid reasons to worry about the cost and availability of flights as they plan their late spring and summer trips

What consumers can do as the Iran war impacts the cost and availability of flights
Business|Economy|Finance|World

ADB chief warns of yen pressure from Japan's too-slow rate hikes

The yen may come under further pressure if markets see the Bank of Japan as being too slow in addressing inflationary risks, Asian Development Bank

ADB chief warns of yen pressure from Japan's too-slow rate hikes
Business|Economy|Finance|Stock Markets|World

Global markets surge as Iran says Strait of Hormuz open during ceasefire

Stocks and bond prices jumped on Friday, while oil and the dollar fell sharply after Iran's foreign minister said passage for all commercial vessels through the Strait of

Global markets surge as Iran says Strait of Hormuz open during ceasefire
Business|Economy|Political|Technology|World

China offers Vietnam railway loans, technology; shows off its high-speed rail

China offered to boost ties with Vietnam on rail infrastructure, from loans and technology to training, as its neighbour's top leader, To Lam, wound up a visit

China offers Vietnam railway loans, technology; shows off its high-speed rail
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

Markets catch their breath as weekend diplomacy beckons

A look at the day ahead in European and global markets from Ankur Banerjee Markets slipped into TGIF mood as the possibility of a deal between the U.S. and Iran lifted hopes and kept oil below $100 a

Markets catch their breath as weekend diplomacy beckons
Business|Economy|Finance|Stock Markets|World

Final size of interest rate calibration in Brazil is open, official says

Brazil's central bank is cautious amid uncertainties over the potential duration and consequences of the U.S.-Israeli conflict with Iran, and the final size of its interest rate

Final size of interest rate calibration in Brazil is open, official says
Business|Economy|Finance|Stock Markets|World

Markets in Q1: Everything everywhere all at once

The start to the year has have left investors with a serious case of whiplash with the eruption of war in Iran triggering a record jump in oil prices, major

Markets in Q1: Everything everywhere all at once
Business|Economy|World

Analysts cut Russia's economic growth forecast for 2026: Reuters poll

The Russian economy will grow by 0.8% this year, down from a forecast of 1% a month ago, according to a Reuters poll of 16 analysts on Tuesday, echoing an earlier

Analysts cut Russia's economic growth forecast for 2026: Reuters poll
Business|Economy|Finance|Stock Markets|World

Q1 ends with a BANG!

Wall Street closed a tumultuous first quarter with a bang on Tuesday as hopes of de-escalation in the Middle East powered stocks to their best

Q1 ends with a BANG!
Business|Economy|Political|World

US says Iran war at decisive moment, Tehran threatens US businesses in region

U.S.

US says Iran war at decisive moment, Tehran threatens US businesses in region
Business|Economy|Finance|Stock Markets|World

April fools rush in

A look at the day ahead in European and global markets from Gregor Stuart Hunter: De-escalation hopes for the Iran war are spurring a rally in stocks and bonds, but - drawing attention to today's date

April fools rush in
Business|Economy|Finance|Stock Markets|World

Finding the 'off ramp'

By Mike Dolan April 1 - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets “Off ramp” seems to be the word of the week surrounding the Iran war - and the

Finding the 'off ramp'
Business|Economy|Finance|Stock Markets|US|World

S&P 500, Nasdaq edge up to new records with Middle East hopes in focus

The benchmark S&P 500 and the tech-heavy Nasdaq rose modestly to record closing highs for a second straight day on Thursday on optimism that the

S&P 500, Nasdaq edge up to new records with Middle East hopes in focus
Economy|Environment|Finance|World

IEA, IMF and World Bank to coordinate response to Middle East war's impact

The heads of the International Energy Agency, International Monetary Fund, and World Bank on Wednesday said they will form a coordination group

IEA, IMF and World Bank to coordinate response to Middle East war's impact
Business|Economy|World

Starbucks closes China deal with Boyu, plans to expand stores

Starbucks has closed its deal with Boyu Capital to sell control of its China operations, the Seattle-based coffee company announced Thursday. 

Starbucks closes China deal with Boyu, plans to expand stores
Business|Economy|Stock Markets|World

S&P 500, Nasdaq open higher as investors weigh Mideast resolution hopes

The S&P 500 and the Nasdaq opened higher on Monday after the indexes marked their biggest weekly jump in four months in the last session, while investors assessed prospects of an

S&P 500, Nasdaq open higher as investors weigh Mideast resolution hopes
Asia|Business|Economy|Environment|Europe|Finance|MidEast|Stock Markets|US|World

Oil surges on US blockade of Iran

A look at the day ahead in European and global markets from Tom Westbrook Oil futures jumped back over $100 at the open in Asia on Monday, the dollar fell and stocks were down as U.S.-Iran talks

Oil surges on US blockade of Iran
Business|Economy|Europe|Finance|Stock Markets|World

European shares decline as markets turn wary ahead of Trump's Iran deadline

European shares retreated on Tuesday, led by declines in defence and healthcare stocks, as investors turned cautious ahead of U.S.

European shares decline as markets turn wary ahead of Trump's Iran deadline
Business|Economy|Environment|Finance|Stock Markets|US|World

From falling U.S. wealth to Indian factory closures, oil shock raises global recession risk

Kevin Kelly is in a tough spot.

From falling U.S. wealth to Indian factory closures, oil shock raises global recession risk
Business|Economy|World

Stocks edge up, dollar falls as Trump's Iran deadline nears

Wall Street's main equity indexes managed tiny gains on Tuesday while the dollar lost ground and U.S.

Stocks edge up, dollar falls as Trump's Iran deadline nears
Business|Economy|Finance|World

Fed minutes of March meeting could flesh out how policymakers view war risks to economy

U.S.

Fed minutes of March meeting could flesh out how policymakers view war risks to economy
Business|Economy|Finance|Stock Markets|World

Big relief rally, for now

(Corrects error in byline field) April 8 - A look at the day ahead in U.S. and global markets from Alun John Markets exhaled on Wednesday after news of a two-week ceasefire between the U.S. and Iran,

Big relief rally, for now
Asia|Business|Economy|Europe|World

Developing countries in Europe, Central Asia face slowdown, World Bank says

Emerging and developing economies in Europe and Central Asia face a sharp slowdown this year under a scenario of a large but temporary rise in energy prices from the

Developing countries in Europe, Central Asia face slowdown, World Bank says
Business|Economy|Environment|Political|World

Wealthy nations slashed development aid in 2025 for second year in row, debt group says

By Colleen Goko JOHANNESBURG, April 8 (Retuers) - Wealthy nations slashed their development aid in 2025, probably by record-breaking amounts, a debt group said, ahead of data set to be released on

Wealthy nations slashed development aid in 2025 for second year in row, debt group says
Business|Economy|Finance|Stock Markets|World

Dollar falls as US-Iran ceasefire sparks relief rally for risk assets

The dollar sank to its lowest level in a month against a basket of major currencies on Wednesday after the U.S. and Iran agreed to a two-week ceasefire

Dollar falls as US-Iran ceasefire sparks relief rally for risk assets
Business|Economy|World

Trading Day: Markets gorge on huge TACO

World markets soared on Wednesday and oil had its biggest fall in five years, as investors gave a hearty welcome to the ceasefire in the Iran

Trading Day: Markets gorge on huge TACO
Economy|Finance|World

UK voters up next in election year closely watched by world markets

UK local elections this week - the latest of some 40 polls worldwide this year - are attracting more attention than usual from financial markets

UK voters up next in election year closely watched by world markets
Economy|Finance|Political|Stock Markets|US|World

US can't wait forever to bring down fiscal deficits, IMF says

The United States needs to reduce its fiscal deficit by about four percentage points of GDP from the current level of 7% and needs a robust, credible plan to do so,

US can't wait forever to bring down fiscal deficits, IMF says
Business|Economy|Finance|Stock Markets|World

Israel inflation eases to 1.9% but unlikely to entice rate cut amid Iran conflict

Israel's annual inflation rate moved back below 2% in March but the decline will likely have little impact on near-term interest rate decisions due to

Israel inflation eases to 1.9% but unlikely to entice rate cut amid Iran conflict