The European Commission aims to finalize a trade deal with the US before August 1, with negotiations possibly concluding in the coming days. A proposed 10% base tariff excludes cer...
ECB Vice President Luis de Guindos expresses hope for the euro's stabilization to mitigate negative impacts on Eurozone growth, while also discussing its potential as a global rese...
US wholesale inventories fell by 0.3% in May to $905.5 billion, with a year-over-year increase of 1.4%. Merchant wholesalers' sales also dropped by 0.3% monthly but rose 4.8% annua...
The EIA reports a 7.1 million barrel increase in US commercial crude oil inventories, now 8% below the five-year average. Refinery operations slightly decreased, while gasoline pro...
President Donald Trump has firmly stated that the deadline for new reciprocal tariffs will not be extended beyond August 1, 2025, reversing his earlier hints at flexibility. This m...
U.S. President Donald Trump announces a 200% tariff on pharmaceuticals after a one-year grace period, with potential exemptions for semiconductors and a 50% tariff on copper. The m...
Singapore is set to provide cash payouts of up to S$850 and MediSave top-ups for over 1.5 million eligible citizens, including seniors, as part of the GSTV scheme adjustments to re...
The Bank of England's latest report underscores the resilience of UK firms against higher tariffs and global economic shocks, with the banking sector also showing flexibility in mo...
