Business
Goldman Sachs lifts yuan forecast as China exports surge
Goldman Sachs has revised its Chinese yuan forecasts upward, arguing the currency remains undervalued despite months of steady appreciation, as fresh trade...
Category: Business
Business
Saudi Aramco Q1 profit surges 26%, beating forecasts
Saudi Aramco reported first-quarter profit that handily surpassed analyst expectations, buoyed by a war-induced surge in crude oil and refined fuel prices…
Business
Global oil stockpiles draining at record pace amid Iran war
More than two months after the United States and Israel launched coordinated strikes against Iran, the near-total closure of the Strait of…
Business
Africa’s EV imports from China doubled in 2025 as fuel crisis deepens
Electric vehicle adoption across Africa is accelerating at a striking pace, with Ethiopia emerging as the continent's clear leader as fuel shortages…
Business
ECB joins global push to fortify finance against AI cyber threats
Financial regulators across at least four continents have issued urgent warnings about cybersecurity threats posed by Anthropic's Claude Mythos AI model, c...
Business
Bangladesh scrambles for urea as global fertilizer crisis deepens
The U.S.-Israeli war on Iran, now in its third month, is sending shockwaves through global agriculture as the near-total closure of the…
Business
IMF projects $2.5B net income for fiscal 2026
The International Monetary Fund announced on Friday that its executive board expects net income of approximately $2.5 billion (SDR 1.8 billion) for…
Business
Dollar swings on Iran escalation, structural doubts
The US dollar has been whipsawed by the Iran conflict this week, surging on fresh escalation fears before retreating as peace hopes…
Business
Rabobank cuts China GDP forecast as war risks mount
The economic fallout from the 2026 Iran war continues to deepen, with fresh warnings from major financial institutions underscoring the growing probability...
Business
Fitch raises oil and gas price forecasts amid Iran war supply disruptions
The leaders of the world's largest oilfield services companies are sounding the alarm: the Iran conflict has set off a structural shift…