World economy
European markets set to start the week higher but oil prices remain in focus
Oil prices headed for weekly gains as of Friday, despite the U.S. issuing a 30-day license for countries to buy Russian oil and petroleum products at sea. Bloomberg Creative Photos | Bloomberg Creative Photos | Getty Images LONDON — European stocks are expected to start the new trading week in positive territory despite the ongoing […]
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Trump signals possible delay to Beijing summit as U.S. pressures China to help reopen Strait of Hormuz
U.S. President Donald Trump prepares to greet Chinese President Xi Jinping ahead of a bilateral meeting at Gimhae Air Base on October 30, 2025 in Busan, South Korea. Andrew Harnik | Getty Images U.S. President Donald Trump said his planned trip to China later this month could be delayed as Washington sought to pressure Beijing […]
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China’s factory output and consumption beat forecasts, while property investment contraction slows
Key Points Retail sales for the first two months of the year rose 2.8% from a year earlier. Industrial output climbed 6.3%, also exceeding expectations for a 5% jump. Investment in fixed assets, which includes property, advanced 1.8% from a year earlier. Urban unemployment rate edged up to 5.3% in the first two months this […]
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Price caps, taking the stairs, and short-sleeved shirts: How countries are coping with the Iran war energy shock
A fuel nozzle is inserted into a combustion engine at a petrol pump at a filling station during a refueling process. Picture Alliance | Picture Alliance | Getty Images Countries around the world have scrambled to cope with the fallout of the energy shock from the Iran war, imposing measures from fuel export bans, loosening […]
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Iran war oil shock stokes fears of 1970s-style stagflation — why this time could be different
Key Points Fears of higher prices and slower economic growth have unsettled markets over the past week following a spike in the oil price. Investors fear the specter of stagflation and what it could mean for their portfolios, but 2026 looks different to the 1970s for several reasons. Back then, a spike in oil prices […]
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Cuba’s president confirms talks with U.S. — but warns an agreement will take time
A pedicab drives past a traffic light that is out due to a power cut in Havana on March 4, 2026. Yamil Lage | Afp | Getty Images Cuba’s government has held talks with Donald Trump’s administration, the country’s president, Miguel Díaz-Canel, said on Friday. It confirms speculation that the two countries were talking after […]
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European stocks trade lower as oil prices stay above $100 a barrel
Oil prices surged about 20% on Monday as the U.S.-Israeli war with Iran continued, raising fears of prolonged disruptions to energy supplies. Anton Petrus | Moment | Getty Images LONDON — European stocks opened the week’s final trading session in negative territory, as investors continued to weigh the ongoing conflict in the Middle East and its lasting […]
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European stocks fall further as oil prices jump despite reserve release; Leonardo shares pop 8%
An oil pumpjack operates in the Inglewood Oil Field on March 10, 2026 near Los Angeles, California. Mario Tama | Getty Images LONDON — European stocks extended losses on Thursday as investors monitor the Iran war and volatile global oil prices. Shortly after the opening bell, the pan-European Stoxx 600 was down 0.5%, with most […]
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South Korea passes special bill to implement its $350 billion U.S. investment pledge
SEOUL, SOUTH KOREA – DECEMBER 14: The building of the National Assembly is seen in the night after impeachment of South Korean president Yoon Suk Yeol on December 14, 2024 in Seoul, South Korea. (Photo by Woohae Cho/Getty Images) Woohae Cho | Getty Images News | Getty Images South Korea’s parliament on Thursday passed a […]
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Inside India newsletter: How the war in the Middle East is set to determine India’s trade route to Europe
This report is from this week’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. The big story India rarely ties its foreign policy to a single partner or bloc. But war has a way of forcing choices. The escalating U.S.–Israel war with Iran is now compelling […]
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