Latest Economy News

EU Readies Crisis Team as China Rare Earths Truce Nears Expiry

The European Union is preparing a crisis team for a possible trade…

Laura Brennan

China’s GDP Drops to 3-Year Low as Consumer Strike Deepens

China’s economic expansion decelerated sharply in the second quarter of 2026, growing…

Maria Lindqvist

Wall Street Rises on Softer Inflation as IBM Slides

US stocks recovered on Tuesday after June inflation came in better than…

Maria Lindqvist

South Korea Stocks Plunge as SK Hynix Selloff Meets Iran Shock

South Korea’s stock market plunged on Monday, with the benchmark KOSPI falling…

Maria Lindqvist

Oil Prices Climb Over 4% as Strait of Hormuz Tensions Reignite Supply Concerns

Global energy markets experienced another aggressive shockwave on Monday as oil prices…

Maria Lindqvist

Post-OPEC Boom as UAE Crude Production Surges to Record 4.1M Barrels

Crude oil production in the United Arab Emirates reached an all-time high…

Maria Lindqvist

Volkswagen Unveils Four-Year Plan as Job Concerns Linger

Volkswagen officially unveiled a sweeping four-year strategic roadmap on Friday aimed at…

Maria Lindqvist

Digital Euro Clears Parliament Hurdle As EU Opens Final Talks

The European Union’s plan for a digital euro moved into its final…

Laura Brennan

Oil Continues to Rise Following Fresh US Strikes on Iran

Oil prices extended their dramatic rally for a third consecutive session on…

Maria Lindqvist