OPEC oil output jumps as Gulf supply returns
Key takeaways OPEC oil output rose in June as Gulf producers started adding supply back. Saudi Arabia, the UAE and…
Section
Category: World
Global business, markets and geopolitics.
Malacca Strait pressure grows as Hormuz crisis spreads
Key takeaways Malacca Strait pressure is rising because trouble near the Strait of Hormuz is spilling into Asian shipping. The…
Crude oil prices fall as Hormuz traffic stays open
Key takeaways Crude oil prices dropped as ships kept moving through the Strait of Hormuz. Brent fell below $71 a…
Fed inflation risks: Why Wall Street edged higher
Fed inflation risks helped shape Wall Street trading after former Fed official Kevin Warsh said price pressures seem less scary…
World Bank to stop lending to China by 2031
Marking the formal end of a 50-year borrowing relationship, the World Bank has submitted a strategic proposal to phase out…
US Supreme Court Blocks Trump’s Birthright Citizenship Order: Relief for Indians
The US Supreme Court stopped Trump's order to end birthright citizenship. This keeps the 14th Amendment safe. It is a…
China EV boom came from cities, not just Beijing
The China EV boom is the fast rise of electric car making and sales in China. A new study says…
BIS Flags 4 Major Risks to the Global Economy: From Rising Debt to the AI Boom
A new BIS report warns the world economy faces four big risks: rising prices, record government debt, an uncertain AI…
China rebalancing: Why its economy stays off balance
China rebalancing is China’s long-running plan to grow in a safer way. China rebalancing means relying less on debt, property,…
India Seychelles Agreements: PM Modi Signs 19 New Pacts on Indian Ocean Visit
India and Seychelles signed 19 new deals during PM Modi's visit. The pacts cover defence, sea safety, money, and skills.…