KARACHI -Pakistan’s central bank is expected to hold its policy rate on Monday, a Reuters poll showed, as many analysts shifted their previous view of a cut in the wake of Israel’s military strike on Iran, citing inflation risks from…

NEW YORK/LONDON -U.S. investors on Friday sought refuge in safe-haven assets like the dollar and gold, as oil prices surged after Iran retaliated against Israel’s biggest-ever military strike against the major crude producer. Iran launched airstrikes at Israel hours after…

BEIJING -New bank lending in China rose less than expected in May after hitting a nine-month low in April, as companies and consumers remained cautious about taking on more debt despite interest rate cuts and a trade truce between Beijing…

HANOI -Vietnam and the United States made progress during a third round of trade negotiations last week, but critical issues remain unresolved, requiring further analysis and continued dialogue, Vietnam’s trade ministry said on Sunday. The talks, in Washington, D.C. from…

HOUSTON -Oil prices jumped on Friday and settled 7% higher as Israel and Iran traded air strikes, feeding investor worries that the combat could widely disrupt oil exports from the Middle East. Brent crude futures settled at $74.23 a barrel,…

NEW YORK -The Federal Reserve’s balancing act between concerns about a weakening labor market and still above-target inflation will take center stage for investors in the coming week as they weigh risks to the rally in the U.S. stock market….

LOS ANGELES -Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May and could remain muted through the remainder of 2025, after companies responded to President Donald Trump’s 145% tariffs on China by canceling or putting…

NEW YORK  -Investors will keep close watch on planned protests across U.S. cities on Saturday, amid heightened concerns following immigration raids in Los Angeles and developments in the Middle East. The protests, organized by the “No Kings” coalition to oppose…

NEW YORK -The U.S. dollar advanced against major currencies, including the euro and yen, on Friday as markets grabbed safe-haven assets as geopolitical tensions in the Middle East following an Israeli attack on Iran. Israel launched a barrage of strikes…

Wall Street’s main indexes fell on Friday after Israel struck a series of nuclear facilities and missile factories in Iran, escalating tensions in the oil-rich Middle East and undermining global investor confidence. Israel’s attacks were aimed at preventing Tehran from…

European shares closed lower on Friday as Israel’s wide-scale strike against Iran triggered a broad market selloff, with investors rushing to safe-haven assets amid an already uncertain trade environment. The pan-European STOXX 600 index fell 0.9%, briefly hitting its lowest…

WASHINGTON -U.S. consumer prices increased less than expected in May as cheaper gasoline partially offset higher rents, but inflation is expected to accelerate in the coming months on the back of the Trump administration’s import tariffs. The report from the…

St. Louis Federal Reserve President Alberto Musalem has put the likelihood of Donald Trump’s trade war causing a prolonged surge in inflation at “50-50,” warning that U.S. policymakers would face uncertainty “right through the summer,” the Financial Times reported on…

NEW YORK  -The U.S. stock rebound has driven key indexes to the cusp of record levels, with fresh economic data and trade and fiscal policy developments set to test whether equities will get an extra push higher in the near…

NEW YORK -Wall Street veered to a sharply lower close and crude prices advanced on Thursday as a high-profile dispute between U.S. President Donald Trump and billionaire Elon Musk overshadowed trade talks between Washington and Beijing and a spate of…

BRASILIA – Brazil’s poultry exports fell in both value and volume in May from a year earlier, government data showed on Thursday, as trade restrictions following a bird flu case weighed on the sector. Herlon Brandao, director of Statistics and…

OTTAWA -Canada’s trade deficit in April widened to an all-time high of a whopping C$7.1 billion ($5.2 billion), data showed on Thursday, as tariffs imposed by President Donald Trump sucked out demand for Canadian goods from the United States. Its…

WASHINGTON -U.S. worker productivity dropped at a faster pace than initially thought in the first quarter, driving labor costs sharply higher at a time when businesses are already facing rising costs from tariffs on imported goods. Nonfarm productivity, which measures…

Mexico will announce measures next week if there is no agreement reached with the United States on the steel and aluminum tariffs announced, president Claudia Sheinbaum said Wednesday. She also called the U.S. announcement to raise the metals’ tariffs to…

PARIS -Trade talks between the European Union and the United States are going in the right direction, the two sides’ top trade negotiators said on Wednesday, although the Europeans said the doubling of U.S. metals tariffs did not help with…

BERLIN -The German cabinet approved on Wednesday a first tax relief package worth 46 billion euros ($52.43 billion) from 2025 to 2029 to support companies and revive its sluggish economy, the government said. The aim is to boost investment with…

NEW YORK -The U.S. Federal Reserve announced late on Tuesday that Wells Fargo will no longer have to operate under a $1.95 trillion asset cap the regulator imposed on the bank in 2018 following its long-running sales practices scandal. Wells…

Chicago Federal Reserve President Austan Goolsbee on Tuesday said higher inflation from U.S. import tariffs could become evident quickly, but he said it would take longer to see a tariff-induced economic slowdown. With business CEOs signaling they plan to pass…

NEW YORK -U.S. stocks advanced and the dollar rebounded on Tuesday as investors weighed progress in ongoing U.S. tariff talks and lowered economic expectations ahead of Friday’s crucial U.S. employment report. All three major U.S. stock indexes ended the session…

KYIV – Ukraine plans to change its policy on agricultural exports to adapt to the expected end of free access to the lucrative EU market, potentially reducing raw material exports while stepping up domestic food processing, its farm minister told…

NEW YORK -Wall Street ended a choppy session higher on Monday and the dollar softened as trade tensions between Washington and Beijing heated up and investors showed caution ahead of U.S. employment data and a widely expected policy rate cut…

SYDNEY -Australia’s independent wage-setting body on Tuesday raised the national minimum wage by 3.5% effective July 1, a real wage increase for about 2.6 million workers on the minimum wage as inflationary pressures ease in the economy. The minimum rate…

MUMBAI – Rural consumption is poised to remain a bright spot in the Indian economy, supporting growth in the ongoing fiscal year, economists said after fourth-quarter GDP growth beat estimates. India’s economic growth rose to a one-year high of 7.4%…

LONDON -The downturn in British manufacturing was less steep than first feared in May but output, orders and jobs continued to drop as companies cited recent tax hikes and U.S. President Donald Trump’s tariffs, a survey showed on Monday. The…

SEOUL – South Korea’s Industry Ministry said on Monday it will actively respond to the looming 50% U.S. tariff on steel products as part of the country’s ongoing trade discussions with Washington in order to minimise the impact on industry….