15:57
5 mins read
Why the Houthis Are So Hard to Defeat
After four years of relative calm, the war pitting Yemen’s Houthi militia against the country’s internationally recognized government and its backer Saudi Arabi...
15:16
3 mins read
Kazakhstan Starts Gold Sales as Treasuries Burnish Dollar Appeal
Kazakhstan’s central bank is switching from being one of the world’s biggest buyers of gold to a seller, as high Treasury yields reinforce the need to rebalance...
15:02
2 mins read
Uganda Shilling Slips to 33 Year-Low as Foreigners Sour on Local Bonds
Uganda’s shilling is bearing the brunt of rising US yields and foreign-investor selling as offshore holders trim their exposure to local-currency bonds.
The sh...
14:52
1 min read
NATO Military Chief Lauds Ukraine, Lays Out Russia Strategy
NATO’s top military commander, General Alexus Grynkewich, heaped praise on Ukraine and tempered fears of imminent conflict with Russia, laying out how the allia...
14:43
1 min read
Pakistan to Chair Global Borrowers Group Facing ‘Perfect Storm’
A newly formed borrowers’ collective of developing countries elected Pakistan to chair it as the group faced what United Nations Secretary-General António Guter...
14:40
3 mins read
Congo to Demand Franc Payments to Boost Currency, Investment
Democratic Republic of Congo’s central bank will soon require a range of payments to be made in francs instead of dollars — including to mining subcontractors —...
13:33
3 mins read
India Opposition Marches on Top Court as Voter Row Escalates
Hundreds of opposition leaders and party workers marched through central New Delhi on Monday, stepping up pressure on India’s election watchdog over a contentio...
13:25
2 mins read
Farage Vows to End UK Asylum System and Use Tariffs to Get There
Reform UK said it would suspend the UK’s asylum system for up to five years if it wins the next general election, in an escalation of its anti-immigrant rhetori...
13:23
1 min read
ECB’s Higher Rates Can’t Prevent More Shocks, Patsalides Says
European Central Bank Governing Council member Christodoulos Patsalides cautioned that there’s only so much officials can do to keep inflation shocks at bay.
“...
13:00
3 mins read
Mexican Businesses See Bigger Hit From Local Problems Than Trade Risk
For Mexican businesses deciding whether to invest, the biggest risks increasingly lie at home rather than in Washington.
Persistent crime, uncertainty surround...
12:57
4 mins read
Carmakers Back EU Plan to Cap Chinese Hybrids as First Step
European carmakers welcomed a plan to cap imports of Chinese hybrid vehicles that eases an immediate threat to the bloc’s troubled auto industry.
The measure w...
12:36
2 mins read
Iran War Has ‘No Easy Way Out,’ Ex-US Defense Chief Austin Says
“There is no easy way out” of the Iran conflict at this point, former US Defense Secretary Lloyd Austin said at a security forum in Poland.
“Both sides current...
12:09
2 mins read
India Inflation Hits Two-Year High, Backs RBI Tightening
India’s inflation accelerated to an almost two-year high in September, nearing the top of the central bank’s 2% to 6% tolerance band and reinforcing its decisio...
12:05
2 mins read
UK to Evaluate AI Models Before Release, Reversing Trump Policy
The UK will now be able to evaluate leading artificial intelligence models before they are released, reversing a US policy that required White House approval fi...
11:58
2 mins read
Bank of England’s Breeden in No Rush to Launch ‘Britcoin’
Bank of England Deputy Governor Sarah Breeden said there’s no rush to introduce a central bank digital currency for the general public because so many other dev...
11:27
2 mins read
Crisis Theorists Recasting Ideas of Keynes Share Nobel Prize
Two US-based academics who reframed the thinking of John Maynard Keynes after the oil crises of the 1970s won the Nobel Prize in Economics.
Robert E. Hall of S...
10:52
1 min read
Nobel Economics Prize Goes to Academics for ‘Stabilization’ Work
Robert E. Hall and Michael Woodford, two US-based academics, will share the Nobel Prize in Economics.
They will share the 12 million-krona ($1.2 million) award...
10:20
2 mins read
Mauritius Rates Policy to Hinge on Persistance of Inflation
The Mauritian central bank sees inflation breaching the upper limit of its target range by year-end, and its interest-rate policy decisions will hinge on how lo...
10:14
2 mins read
RBI Window to Meet Refiners’ $10 Billion Monthly Need, Aid Rupee
The Reserve Bank of India’s special window for state-run oil refiners will take almost $10 billion of monthly dollar demand off the spot market, easing pressure...
07:24
4 mins read
Saudis Say New Missiles Intercepted After Deadly Airport Attacks
The Saudi-led military coalition fighting the Houthis said it intercepted missiles and drones aimed at the kingdom overnight, including areas that are home to s...
02:00
6 mins read
A Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to Expect
El Niño is back and shaping up to be the most powerful on record.
The US Climate Prediction Center declared in June that the cyclical climate phenomenon had re...
18:03
2 mins read
Saudi Airport Hit Again as Riyadh Set to Host Major Conferences
Saudi Arabia’s main airport came under renewed attack from Houthi rebels, a day after a strike on the facility killed 12 people and heaped pressure on the Middl...
14:52
4 mins read
China Moves to Stave Off Wider EU Trade War With Hybrid Deal
With an agreement to curb exports of hybrid vehicles to the European Union, China is betting it can sidestep harsher restrictions from the 27-member bloc with a...
07:33
3 mins read
India Protests Set to Continue Despite Heavy Delhi Security
Parts of New Delhi remained under tight security for a second straight day as protesters pressed ahead with their demand for the resignation of India’s top elec...
07:00
5 mins read
Healey Plans Short-Term UK Budget Giveaways to Limit Fiscal Pain
Chancellor of the Exchequer John Healey wants to help British voters with the cost of living while staying within the limits of his country’s stretched public f...
00:00
2 mins read
Canada Reaffirms Legal Threat as Cliffs Moves to Cut Jobs
Cleveland-Cliffs Inc.’s Canada-based Stelco unit informed Prime Minister Mark Carney’s government that it will move ahead with hundreds of layoffs, setting the...
17:47
1 min read
Cliffs Canadian Unit to Press Ahead With Job Cuts, Globe Says
Cleveland-Cliffs Inc.’s Canada-based Stelco unit has informed Prime Minister Mark Carney’s government that it will move ahead with hundreds of layoffs at operat...
15:00
8 mins read
How Data Centers Are Pushing Up US Power Costs
Data centers have become a defining political issue in the run-up to the US midterm elections. The giant, windowless warehouses have drawn fierce backlash acros...
13:38
2 mins read
One of Russia’s Richest Men Says Economy Has Yet to Hit Bottom
Vladimir Potanin, one of Russia’s richest men, said the country’s economy has yet to hit bottom, with a shortage of investment remaining the biggest challenge....
13:11
1 min read
China’s NDRC Pledges More Policy Tools to Meet Economic Targets
China will step up counter-cyclical support and prepare additional high-impact policy tools as it seeks to meet this year’s economic targets.
At a symposium wi...
10:19
2 mins read
EU Eyes €160 Billion Cut From Initial Budget Heading Into Talks
European Union leaders will discuss a scaled back budget when they meet in Brussels next week after negotiators slashed the initial proposal in response to pres...
09:00
5 mins read
Europe’s Indebted Nations Are Starting to Blink at Market Wrath
Europe’s political class is showing the first signs of bending to the will of an unforgiving bond market.
Budget policies and discourse from London to Paris an...
07:41
2 mins read
European Debt-Crisis Risks Have Risen Sharply, Bundesbanker Says
Europe’s most recent bond selloff is a “clear warning sign” that investors are getting nervous about governments’ efforts to rein in debt, according to one of G...
07:19
1 min read
Egypt Inflation Slows Again Despite Iran War Price Pressures
Egyptian inflation slowed for a second straight month to its lowest level since February, riding out renewed price pressures amid an escalation in the Iran war....
00:00
15 mins read
Stuck in Russia, Western Businesses Risk It All Trying to Exit
The Kremlin is seizing control of companies’ assets, but those that try to sell out rarely get more than cents on the dollar.
By Edward Clark | Updated on Oct...
21:32
7 mins read
Can Trump’s New Bid to Fire the Fed’s Lisa Cook Succeed? What to Know.
For more than a year, President Donald Trump has sought to push out members of the Federal Reserve Board of Governors and gain more leverage over the central ba...
20:34
2 mins read
Treasuries Slip on Inflation Worry as Energy Costs Stay High
Treasuries slipped at the end of the week as still-elevated energy costs stoked concern about inflation and backed expectations for further Federal Reserve inte...
20:12
2 mins read
Trump Says Putin Agreed to Release Diesel Into Global Market
President Donald Trump said Russian leader Vladimir Putin had agreed to release diesel supplies into the global market, as the administration looks to tame pric...
19:43
1 min read
Katie Zacharia to Be Named New White House Press Secretary
Conservative commentator Katie Zacharia has been tapped to be President Donald Trump’s press secretary, according to people familiar with the matter.
Zacharia...
19:23
4 mins read
Once-in-a-Career Moves Stun Traders in Brazil Vote Frenzy
Leia em português.
As Brazilian markets opened for business on Monday, Pradeep Kumar watched a move unfold on his screen that was unlike anything he’d encounte...
19:21
4 mins read
Iran Protects Capacity to Build Missiles as Trump Pauses Strikes
Iran has managed to preserve its missile and drone factories despite months of US and Israeli bombing, officials familiar with the matter said, allowing it to r...
18:24
2 mins read
Treasuries Slide on Inflation Worry as Energy Costs Stay High
Treasuries slipped at the end of the week as still-elevated energy costs stoked concern about inflation and backed expectations for further Federal Reserve inte...
17:49
1 min read
Russia Budget Spending Rises 14.5% in First Nine Months of Year
Russia’s federal budget spending increased 14.5% in the first nine months of the year amid the Kremlin’s intensifying war on Ukraine.
Expenditures in the perio...
17:13
1 min read
Russia’s Above Target Inflation Clouds Path for New Rate Cuts
Russian inflation remained stubbornly above the central bank’s target, further clouding prospects for a resumption of interest rate cuts as policymakers weigh t...
17:00
1 min read
China’s Oil Imports Look Set to Rise as Supertanker Fleet Swells
China is poised to increase oil imports through early January, with ship-tracking data showing the largest fleet of supertankers heading to the country since th...
16:05
1 min read
Aramco to Supply Full Oil Volumes to Europe Customers Next Month
Saudi Aramco has told European oil refiners it will provide them with all the crude they asked for in November after the kingdom’s key cross-country pipeline re...
16:04
3 mins read
EU and China Strike Deal to Cut Millions of Hybrid Car Exports
Supply Lines is a daily newsletter that tracks global trade. Sign up here .
The European Union said China will slash millions of hybrid car exports to the bloc...
16:00
4 mins read
Once-in-a-Career Moves Stun Traders in Brazil’s Election Frenzy
Leia em português.
As Brazilian markets opened for business on Monday, Pradeep Kumar watched a move unfold on his screen that was unlike anything he’d encounte...
15:55
3 mins read
White House Forms Committee to Probe Federal Reserve’s Cook
President Donald Trump is establishing a committee to investigate mortgage fraud allegations against Federal Reserve Governor Lisa Cook and is forcing her to ap...
15:31
2 mins read
US Consumer Sentiment Falls to Five-Month Low in October
US consumer sentiment fell in early October and views of current economic conditions hit an all-time low as inflation weighed on households.
The University of...
15:20
2 mins read
African Nations Explore Fresh Ways to Ease Pain at the Fuel Pump
African governments from Nigeria to Kenya are adding fresh measures to soften a rise in fuel prices caused by the Iran war.
The Middle East conflict has been a...
15:15
1 min read
Canadian Dollar Weakens as Soft Jobs Data Dims Higher Rate Bets
The Canadian dollar sank to its weakest level since April 2025 after a softer-than-expected reading of the nation’s labor market reduced the odds of an interest...
15:03
2 mins read
US Pay Inequalities Improve, But Wealth Gap Widens in Fed Report
The Federal Reserve said income inequality fell over the last three years for most Americans, but the change did little to narrow persistent wealth disparities....
14:46
2 mins read
EU Says China Accord Could Cut Hybrid Car Exports by Half
The European Union and China said they’ve reached an agreement on hybrid cars that could see a drastic cut in exports to the bloc.
“We have reached a shared un...
14:29
4 mins read
Bolsonaro’s Potential Finance Chief Wants Fast Fiscal Policy Fix
Leia em português
Lea en español
Brazil’s next government has no time to lose when it comes to delivering sweeping fiscal policy changes, said Marcelo Kayath,...
13:46
1 min read
Brazil Inflation Tops Target Ceiling Before Election Runoff
Brazil’s annual inflation rate in September breached the target ceiling on higher electricity prices, adding to the financial strain on voters as they prepare t...
13:23
2 mins read
France’s €43 Billion Budget Push Is Big Deal, Fitch Analyst Says
France’s budget proposal is a meaningful attempt to tame the deficit that risks adverse consequences if it doesn’t pass, according to a senior Fitch Ratings ana...
13:14
5 mins read
Why Southeast Asia’s Haze Crisis Is So Bad This Year
Several Southeast Asian countries have been blanketed for weeks in toxic haze spewing from forest fires in Indonesia. Cases of respiratory illnesses have soared...
12:00
2 mins read
Bank of Spain Raises Inflation Forecasts on Higher Energy Prices
Spain’s central bank increased its inflation forecast, underscoring how the economy is experiencing stronger pressures than in the wider euro area.
Consumer-pr...
12:00
5 mins read
How US Fighter Jet Parts Ended Up in China Via UPS
The US defense industry’s use of commercial freight companies is facing scrutiny after a shipment diverted to Hong Kong by United Parcel Service Inc. resulted i...
12:00
5 mins read
How a UPS Blunder Sent US Fighter Jet Parts to China
The US defense industry’s use of commercial freight companies is facing scrutiny after a shipment diverted to Hong Kong by United Parcel Service Inc. resulted i...
11:55
2 mins read
EU to Assess Windfall Tax on Energy Firms to Soften Price Shock
The European Commission will analyze the potential impacts of imposing a bloc-wide tax on windfall profits made by energy companies, as governments grapple with...
11:07
1 min read
China Holiday Spending Slips as Weeklong Break Can’t Lift Gloom
Chinese tourists scaled back spending during this month’s extended public holiday, highlighting the persistent weakness of domestic demand in an economy that’s...
11:03
2 mins read
Germany Wants to Keep Schnabel’s Markets Portfolio at ECB
Germany wants its candidate for Isabel Schnabel’s vacancy at the European Central Bank to keep her financial-markets portfolio, according to people familiar wit...
11:00
2 mins read
Bolsonaro Leads Lula in Brazil Runoff After First Round Surprise
Right-wing challenger Flávio Bolsonaro leads incumbent Luiz Inácio Lula da Silva ahead of Brazil’s presidential runoff, a new poll showed, building on momentum...
20:45
2 mins read
France to Fight Student Unrest by Sending Thousands of Teachers
France’s government pledged to dispatch thousands of additional teachers to understaffed schools throughout the country in an effort to rein in student protests...
19:49
4 mins read
Hedge Funds That Won Big on Brazil Vote Bet on More Gains
Leia em português.
Brazilian hedge-fund managers who outperformed by positioning for a strong showing by right-wing candidate Flávio Bolsonaro in the first rou...
19:11
3 mins read
EU Pushes for Fiscal Prudence as Italy and Greece Seek Leeway
European Commission finance chief Valdis Dombrovskis urged euro-area member states to observe budgetary restraint, pushing back against a proposal from Italy an...
18:39
2 mins read
Schnabel ECB Job Deadline Set as Lagarde Plans Stay Unclear
Nominations to succeed European Central Bank official Isabel Schnabel must be submitted by the end of the month as President Christine Lagarde’s future there re...
18:23
1 min read
Zimbabwe President Makes Wealthy Ally Tagwirei a Minister
Zimbabwe’s President Emmerson Mnangagwa has split the country’s finance ministry into two and made wealthy ally Kudakwashe Tagwirei a minister.
Tagwirei, who h...
17:53
2 mins read
CBO Chief Warns Growth Solution for US Debt Is Unlikely to Work
Congressional Budget Office Director Phillip Swagel warned the idea of embracing faster economic growth as the solution for reining in the US federal debt — one...
17:47
1 min read
ECB Has Tools to Counter Unwarranted Market Moves, Lagarde Says
The European Central Bank has the instruments to stabilize financial markets if required, President Christine Lagarde told euro-area finance ministers.
Asked a...
17:27
2 mins read
Bolsonaro Says He Would Work With US, China as Brazil’s President
Flávio Bolsonaro said he would work with the US and China if he becomes Brazil’s president, after a surprise election performance left him poised to join a wave...
16:41
2 mins read
Poland’s Glapinski Calls Probe Into His Conduct Baseless
Polish central bank Governor Adam Glapinski dismissed a parliamentary inquiry into his alleged wrongdoing as baseless and warned against its potential negative...
16:04
2 mins read
Poland’s Glapinski Ready to Raise Rates If Inflation Risks Mount
Poland is ready to increase interest rates for the first time in four years if inflation risks escalate, according to the central bank governor.
Adam Glapinski...
15:31
2 mins read
Schnabel ECB Job Deadline Is Set as Lagarde Plans Stay Unclear
Nominations to succeed European Central Bank official Isabel Schnabel must be submitted by the end of the month, people familiar with the matter said.
Euro-zon...
15:02
2 mins read
Polish Central Bank Chief Calls Probe Into His Conduct Baseless
Polish central bank Governor Adam Glapinski dismissed a parliamentary inquiry into his alleged wrongdoing as baseless and warned against its potential negative...
14:50
2 mins read
Mexico Inflation Ticked Back Up as Banxico Weighs Options
Lea en español
Mexican annual inflation accelerated slightly less than expected in September, validating the central bank’s current rate pause while awaiting g...
14:48
1 min read
Singapore’s Wong Warns AI Tech Rally Faces Eventual Correction
Singapore Prime Minister Lawrence Wong cautioned that the global tech rally powering regional economic growth will inevitably face a market correction, saying h...
14:37
2 mins read
BOE’s Bailey Fears Governments Are Running Out of Firepower
Bank of England Governor Andrew Bailey warned governments may be left helpless in the event of another downturn as their firepower is sapped by weak growth and...
14:35
2 mins read
Chile’s Consumer Prices Post Modest Gain as Fuel Costs Rise
Lea la nota en español
Chile’s consumer prices rose slightly less than forecast last month despite another increase in fuel costs, as central bankers signal th...
14:24
5 mins read
Why the ECB Is Wary of Stepping Into France’s Bond Turmoil
A sudden selloff of French bonds has stirred memories of the sovereign debt crisis that cascaded across Europe between 2009 and 2015. Attention is now turning t...
14:00
2 mins read
WTO Lifts Goods Trade Outlook as AI Demand Outweighs War Strains
Supply Lines is a daily newsletter that tracks global trade. Sign up here .
Global merchandise trade is holding up much better than was expected earlier this y...
13:48
1 min read
US Jobless Claims Eased Last Week to Lowest Level Since July
Applications for US unemployment benefits fell slightly last week to the lowest level since July, showing layoffs remain limited across the job market.
Initial...
13:44
1 min read
India Scraps Key Tax Relief for Gold Imports, Raising Costs
India withdrew a tax benefit on gold, silver and platinum imported by banks and state-nominated agencies, subjecting shipments to a 3% levy and raising costs fo...
12:54
1 min read
ECB Officials Sought ‘Proportionate’ Step With Latest Hike
European Central Bank officials weighed the need to take further action on inflation last month alongside an assessment that any increase in borrowing costs wou...
12:43
1 min read
Russia’s Oil Product Exports Rise Even as Diesel Shipments Slump
Russia’s oil product shipments climbed to a three-month high in September, even as diesel flows slumped because of a government export ban.
Total seaborne refi...
11:45
1 min read
ECB Can Stick With Measured Response to Iran War, Lane Says
The European Central Bank can take a “measured” response to the energy-price shock caused by conflict in the Middle East as spillovers to the rest of the econom...
11:37
2 mins read
China Central Bank Defends Currency Policy Before EU Trade Talks
China’s central bank rejected claims that the yuan is undervalued ahead of scheduled trade talks with the European Union, arguing that exchange-rate adjustments...
11:28
1 min read
India Urea Offers Fall in Sign of Easing Global Fertilizer Costs
India, a major fertilizer importer, received offers in a urea tender nearly 10% below its August purchase price, signaling some relief for global farmers that h...
11:20
1 min read
UK Card Defaults Rise For Longest Period in 17 Years, BOE Says
The number of Britons defaulting on credit card debt has risen for six consecutive quarters for the first time since the financial crisis in a sign that househo...
11:00
1 min read
Serbia Extends Record Rate Pause in Run-Up to Pivotal Election
Serbia kept borrowing costs unchanged for a record 25th month as the Balkan nation heads into a pivotal snap election that pits the long-time ruling camp of Ale...
10:46
2 mins read
Fed’s Waller Sees Some Flexibility on Rate-Hike Timing
Federal Reserve Governor Christopher Waller said further interest-rate hikes will likely be needed to slow inflation, though officials have some flexibility on...
10:28
1 min read
ECB’s Zigman Sees ‘Very Intensive’ Discussion at Next Meeting
European Central Bank officials are probably in for a heated debate when they set borrowing costs in late October, according to Governing Council member Ante Zi...
09:21
2 mins read
Meloni Can’t Afford Defeat in Parliament, Citi Economist Says
Italian Prime Minister Giorgia Meloni needs to win a confidence vote on Thursday to avoid further bond-market tensions, according to a Citigroup Inc. analyst....
09:00
1 min read
ECB Rates Can Prevent Price Shock From Spreading, Dolenc Says
The European Central Bank can stop the energy-price spikes from affecting the broader economy, according to Governing Council member Primoz Dolenc.
“Monetary p...
00:00
2 mins read
Is Trump About to Lose Farm Country for the Republicans?
On this episode, we explore how the Iran war and trade war have squeezed farm incomes, and why solid red states might just turn purple as a result.
By Sommer S...
20:46
2 mins read
Argentina’s Sluggish August Points to Technical Recession
Argentina’s economy is on track to enter a technical recession after a lukewarm recovery in August failed to make up for steeper losses in July, adding to Presi...
20:34
2 mins read
Houthis Kill Three in Attacks on Two Airports in Saudi Arabia
The Iran-backed Houthis struck two airports in Saudi Arabia, killing three residents and injuring dozens as the militant group intensifies its attacks on the ki...
19:00
5 mins read
UK Politics Returns to Old Divide of Tax Cuts Versus Big State
Ahead of laying out a platform of tax cuts
· aimed at affluent Britons at her party’s annual convention, opposition leader Kemi Badenoch told journalists: “...
19:00
2 mins read
Fed Minutes Show Hawkish Unity Behind September Rate Hike
(Bloomberg) - All 19 Federal Reserve officials backed the decision in September to raise interest rates, with many supporting the move to guard against the risk...
17:38
1 min read
French Finance Ministry Says No Change in Bond Issuance Strategy
France’s finance ministry said it is not changing its strategy for bond issuance and will continue to use the flexibility it has at auctions.
The comments came...
16:34
3 mins read
Short-Term Inflation Expectations Reach Three-Year High, NY Fed Survey Says
Americans’ expectations for inflation in the short-term jumped last month while their sentiment toward the labor market improved, according to a Federal Reserve...
15:31
1 min read
Bangladesh GDP Grows 4.6% in June Quarter on Industrial Rebound
Bangladesh’s gross domestic product expanded 4.60% in the April-June quarter, compared with the 2.05% pace a year earlier, according to provisional data release...
15:23
1 min read
Kenya Holds Rates With Eye on Inflationary Risks From Iran War
Kenya’s central bank kept its benchmark rate unchanged as policymakers took a wait-and-see approach in assessing what impact energy shocks stemming from the Ira...
15:08
2 mins read
Bolsonaro Says He Could Change Brazil’s Constitution If Elected
Opposition candidate to the presidency Flávio Bolsonaro said he could use a majority in Congress to amend the Constitution if elected president.
The senator to...
14:58
7 mins read
What Can Trump Do to Tame Diesel and Gasoline Prices as Midterms Loom?
President Donald Trump returned to office promising to lower the cost of living for Americans. At the start of his second term, the price of gasoline in the US...
14:21
1 min read
Indian Households Expect Inflation to Spike, RBI Surveys Show
Indian households expect inflation to rise sharply over the next three months and one year, reflecting concerns over price pressures that prompted the central b...
14:13
2 mins read
Syria Set to Emerge as Hormuz-Bypass Option for Iraq’s Crude Oil
Syria is set to provide a route for Iraqi crude exports to avoid the hazardous Strait of Hormuz, with a stream of trucks being lined up to haul oil overland to...
14:10
2 mins read
Kalshi Files Proposal for Never-Expiring Oil Contract With CFTC
Kalshi Inc. has filed a proposal for an oil-linked futures contract that never expires with the Commodity Futures Trading Commission, according to the company....
14:00
2 mins read
Bessent Pressed by Warren on ‘Chaotic’ US Treasuries Buybacks
Democratic Senator Elizabeth Warren issued a series of questions to Treasury Secretary Scott Bessent on what she dubbed “unprecedented and chaotic” intervention...
13:30
4 mins read
AI Drives Global Goods Trade Facing Trump Tariffs, War Headwinds
Global goods trade is withstanding the drags of tariffs, wars and geopolitical rifts, fueled by the boom in demand for artificial intelligence gear and staying...
13:09
2 mins read
France Tops Germany as Europe’s Most Distressed Corporate Market
Even before the latest bout of political and economic turmoil, by one measure France had become Europe’s most distressed corporate market.
The French republic...
12:54
1 min read
Antofagasta Copper Miners Strike as High Prices Fan Tensions
Workers at Antofagasta Plc’s Centinela copper mine in Chile began a strike Wednesday after wage talks ended without an agreement, adding to labor tensions in th...
12:50
2 mins read
Ghana Raises $289 Million in First Cocoa Bill Sale Since Default
Ghana raised 3.39 billion cedis ($289 million) in its first sale of cocoa bills since a debt default, with the proceeds to be used to buy beans from farmers dur...
12:09
2 mins read
South African Antitrust Body Seeks to Revoke Premier-RFG Deal
South Africa’s antitrust commission moved to revoke the approval of a merger between two of the nation’s biggest packaged food producers, saying they withheld k...
12:03
3 mins read
France Turmoil Threatens to Drag ECB Into Bond Market Showdown
From street protests to a bond market rout, France’s multiple crises are threatening to drag the European Central Bank into the kind of faceoff with investors t...
11:41
2 mins read
South Africa to Establish New Commission to Oversee State Firms
South Africa intends establishing a commission chaired by President Cyril Ramaphosa to coordinate the work of its state-owned firms after shelving plans to plac...
11:37
1 min read
Ghana Inflation Edges Up, Buoying Case for Rates to Stay on Hold
Ghanaian inflation accelerated slightly as service price-growth picked up pace, hardening expectations the central bank will keep interest rates on hold.
Consu...
11:32
1 min read
Antofagasta Copper Miners to Strike as High Prices Fan Tensions
Workers at Antofagasta Plc’s Centinela copper mine in Chile are set to begin a strike on Wednesday after wage talks ended without an agreement, adding to labor...
11:25
1 min read
ECB’s Dolenc Says Rate Give Flexibility for Next Decisions
The European Central Bank’s existing monetary policy stance will allow officials to react to any shock, according to Governing Council member Primoz Dolenc.
“W...
11:04
2 mins read
Peru Seen Lifting Rate for First Time Since 2023: Decision Guide
Peru’s central bank is expected to lift interest rates Wednesday for the first time in more than three years as inflation remains above target and heavy rains m...
11:04
2 mins read
Peru Seen Lifting Rate for First Time Since 2023
Peru’s central bank is expected to lift interest rates Wednesday for the first time in more than three years as inflation remains above target and heavy rains m...
10:49
1 min read
Fed’s Warsh Earns IMF Praise for Focusing on Price Stability
Federal Reserve Chair Kevin Warsh got a thumbs-up from the head of the International Monetary Fund for taking the pursuit of price stability seriously.
“I want...
10:48
2 mins read
Euro Slides as Traders Look Beyond the Dollar for Bearish Bets
The euro fell against all G10 peers as investors worried about regional fiscal and political risks looked beyond the dollar to bet against the common currency....
10:28
2 mins read
Vietnam Central Bank Warns of Rising Inflation, Rates Pressure
Vietnam’s central bank is facing mounting pressure to keep interest rates stable as the Iran conflict fuels inflation and raises banks’ funding costs, while the...
09:56
1 min read
Thailand Puts Bangkok on 24-Hour Flood Watch for IMF Meetings
Thailand is deploying a 24-hour weather and flood-monitoring team for the International Monetary Fund and World Bank Group meetings in Bangkok.
The preparation...
09:40
3 mins read
Putin Is Spending a Record $200 Billion on the War This Year
Russia’s military spending is on track to hit a record this year after Vladimir Putin added almost $60 billion to the outlays set out in the budget.
The Russia...
09:37
2 mins read
Hungary Sees GDP Growth Upswing, Bond Rally on Euro Path
Hungary’s economic growth will probably accelerate next year, with a credible path toward euro adoption set to spur a further rally in bonds, Finance Minister A...
09:31
2 mins read
Qatar Brings Empty LNG Ships Into Gulf in Potential Export Boost
Qatar has amassed a fleet of empty liquefied natural gas tankers in the Persian Gulf, a sign that one of the world’s biggest exporters of the fuel may be prepar...
06:15
5 mins read
Why Dangote’s Mega-Refinery IPO Is Such a Big Deal for Africa
A mega-refinery in Nigeria owned by Africa’s richest person is going public, seeking to raise at least $1.6 billion to help fund its expansion . The share sale...
00:00
13 mins read
Child Predators Turn to Open-Source AI to Make Unlimited Illegal Images
Once the models are downloaded, illegal acts are almost impossible to track.
By Kurt Wagner and Jordan Robertson | Updated on Oct 06, 2026 at 10:00 PM
It wasn...
20:52
2 mins read
South Africa’s Reserve Bank Surveys Firms to Guide Rate Policy
The South African Reserve Bank has begun using direct feedback from businesses to better gauge economic activity and help guide monetary policy.
“Industry enga...
20:38
2 mins read
Codelco Probes New Signs of Overstated Chile Copper Output
Codelco is investigating evidence that copper production may have been double counted in 2024 and 2025, raising further questions over output figures at the Chi...
18:10
3 mins read
Bolsonaro Surge in Brazil Opens Door to Commodities Trade Shift
Leia em português.
Lea en español .
A surprising first round in Brazil’s presidential election is raising the prospect of a recalibration in trade policy, wit...
18:08
2 mins read
US Lawmaker Seeks Review of Hong Kong’s Access to Fed Facility
A top Republican lawmaker has asked the Federal Reserve to review Hong Kong’s access to a dollar liquidity facility designed to ease market stresses during time...
17:06
1 min read
Mapping How South America’s Right-Wing Shift Has Reached Brazil
Brazil’s presidential runoff is shaping up as an opportunity for the political right to cement its power across South America.
Conservative Flávio Bolsonaro is...
16:37
4 mins read
Bessent’s Bend-the-Debt-Curve Hope Seen as More Market Jawboning
Treasury Secretary Scott Bessent’s assurance that US economic growth combined with spending restraint can rein in the federal deficit met with skepticism by mar...
16:37
4 mins read
Bessent's Plans to Rein In US Deficit Met With Skepticism
Treasury Secretary Scott Bessent’s assurance that US economic growth combined with spending restraint can rein in the federal deficit met with skepticism by mar...
16:06
2 mins read
Venezuelans Leave Chile, Easing Pressure on Depressed Job Market
Lea en español
Venezuelans are leaving Chile by the thousands, slashing the rate of unemployment among foreigners, even as the jobless rate among locals reache...
15:51
2 mins read
Canadians Expect Higher Inflation as Bank of Canada Weighs Hikes
A majority of Canadians expect the rate of inflation to increase over the next 12 months, a potentially worrying sign for the Bank of Canada as it weighs intere...
15:42
1 min read
Venture Global Is in Talks to Sell US LNG to More Chinese Buyers
US liquefied natural gas exporter Venture Global Inc. is in talks to sell the fuel to additional Chinese buyers as the Iran war roils global shipments, spurring...
15:21
4 mins read
Brazil Market Euphoria Hinges on Fixes Flávio Bolsonaro Is Yet to Lay Out
Leia em português .
Investors are betting Brazil’s election-fueled rally has just begun — a wager that ultimately hinges on a fiscal overhaul markets have long...
15:18
3 mins read
Yellen Says Trump ‘Appalling’ on US Allies, Backs Retaliation
Former Treasury Secretary Janet Yellen criticized President Donald Trump’s treatment of US allies, and backed the idea of retaliation for protectionist moves....
14:27
6 mins read
What to Know About Plague After Suspected Russia Lab Worker Case
Plague is one of history ’s most feared diseases, responsible for pandemics that killed tens of millions of people. Today, human cases are rare and can usually...
13:40
1 min read
Ireland Unveils €50,000 Tax Threshold For New Savings Accounts
Ireland’s new retail savings and investment account will have a €50,000 ($56,318) tax-free threshold, Finance Minister Simon Harris announced in the budget Tues...
12:57
1 min read
World Bank Lifts Growth Forecast for Africa Despite Challenges
Sub-Saharan Africa’s economic growth will accelerate slightly this year despite headwinds from the Iran war, the World Bank said.
The Washington-based lender p...
12:44
2 mins read
World Bank Urges Guinea to Use Iron Ore to Diversify Economy
The World Bank has urged Guinea to use the revenues from the exploitation of the largest iron ore reserve on earth to diversify and build a stronger economy.
“...
11:16
2 mins read
Polish Probe Endorses Accusations Against Central Bank Governor
A Polish parliamentary probe broadly upheld accusations made by the ruling coalition against central bank Governor Adam Glapinski, a lawmaker said, reviving a s...
11:00
2 mins read
BOE’s Mann Says Labor Market Isn’t Weak Enough to Tame Inflation
Bank of England rate-setter Catherine Mann said the labor market is “static” rather than loose as she warned inflationary pressures are becoming embedded.
Mann...
10:28
1 min read
France’s Le Pen Calls on ECB to Lower Euro-Area Borrowing Costs
French far-right presidential candidate Marine Le Pen called on the European Central Bank to lower borrowing costs to give euro-area countries headroom to inves...
09:43
1 min read
Nomura Turns More Confident on Korean Bonds, Sees BOK on Hold
Nomura is turning more bullish on South Korean bonds, raising its conviction level on receiving a 5-year Korea non-deliverable interest-rate swap position start...
09:30
1 min read
UK Builders Delay Major Decisions as Outlook Dims, PMI Shows
UK builders grew less optimistic about the outlook in September, putting off decisions on major projects even as the downturn in the sector showed signs of easi...
09:20
2 mins read
Hungary’s Industrial Output Surges On High-Value Manufacturing
Hungary’s industrial production jumped in August by more than double the amount forecast by analysts, helped by strong growth in the high-value automotive and e...
09:13
2 mins read
Hungarian Central Banker Floats 2031 Euro Adoption Scenario
Hungary could adopt the euro as early as 2031 if the government set an ambitious goal of meeting the common currency criteria by 2029, according to central bank...
00:00
5 mins read
Russia’s Oil-Export Boom Undercut by Payouts, Diesel Sales Ban
Diesel curbs, jump in subsidies to refiners mute benefits to Kremlin’s war chest from crude flows
By Julian Lee | Updated on Oct 06, 2026 at 03:48 PM
Russia s...