Why Wells Fargo Stock Slumped by Almost 5% on Wednesday
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Trump probe of Fed chair stresses need for global diversification
The criminal investigation into the Fed chair has reinforced the case for diversifying holdings beyond the United States for some…
China central bank to cut sector-specific rates to boost economy
China’s central bank announced on Thursday cuts to sector-specific interest rates to provide an early boost to the economy, and…
US economic activity mostly increased in recent weeks, Fed survey shows
Economic activity increased in most parts of the U.S. and employment was mostly unchanged in recent weeks, the Federal Reserve…
Eurozone industrial production on the rise
Industrial production experienced a wild ride in 2025. First, it saw a significant boost from the lacklustre levels seen in…
Global trade finance gap at $2.5 trillion as global trade tensions rise, ADB says
Financial institutions globally failed to meet $2.5 trillion in financing that companies needed for trade last year, holding back the…
India’s rice exports to top buyer Iran stall on protests, tariff worries
India’s basmati rice exports to Iran have slowed to a near standstill amid the protests gripping the Gulf country, with…
Egypt’s 2025 LNG imports hit record high as energy appetite grows
Egypt imported a record volume of LNG in 2025, highlighting its growing energy needs as it faced a domestic gas…