Economy

China sanctiones five U.S. subsidiaries of Hanwha Ocean for aiding U.S. probes into its shipping sector

China hit back Tuesday by sanctioning five U.S.-based subsidiaries… More…

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UK GDP revised up after strong H1 2025 growth

The International Monetary Fund has forecasted in the latest World… More…

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Goldman Sachs warns of AI-driven economic boost without labor market growth

Goldman Sachs released a statement on Monday that the U.S. may be entering… More…

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Wall Street’s mixed finish drags global markets lower

Global markets are trading lower early Tuesday after a shaky trading… More…

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Gold hit a new record above $4,150 per ounce as traders priced in upcoming Federal Reserve rate cuts

After a very awkward trading session on Wall Street, the S&P 500… More…

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Canada seeks closer ties with China and India amid U.S. tariff turmoil

Canada has announced plans to strengthen its ties with China and India… More…

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U.S. shutdown hits real economy as Treasury juggles payments, says Scott Bessent

The U.S. government shutdown has started to dig into the real economy,… More…

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South Korea, U.S. remain locked in discussions to establish bilateral FX swap line

Koo Yun-cheol, Deputy Prime Minister of South Korea, said at a parliamentary… More…

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Australia revises superannuation tax After pensioner backlash

Treasurer Jim Chalmers today unveiled a watered-down superannuation… More…

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China’s September trade beats expectations with robust growth

Customs data showed on Monday that China’s exports for September … More…

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