Economy
Cryptocurrency markets recovered on Tuesday after the announcement that a planned US military strike on Iran had been postponed, easing immediate geopolitical tensions. Digital assets gained ground in early trading, with privacy-focused tokens leading advances while Bitcoin stabilized near the 77,000......
The Canadian government has confirmed plans for the redevelopment of the Hope Bay gold mine in the Arctic region of Nunavut, marking a significant step in the expansion of the country’s mining industry in remote northern territories. The project will be led by Agnico Eagle Mines Ltd, one of the......
German battery manufacturer Varta AG has announced plans to eliminate around 350 jobs following the loss of a key customer. The decision also includes the gradual end of production of button cells at its site in Noerdlingen, located in southern Germany. According to company representatives, the affected......
China’s leading flash-memory manufacturer, Yangtze Memory Technologies Co. (YMTC), has reportedly started preliminary advisory discussions as part of preparations for a potential initial public offering (IPO). According to information submitted to China’s financial regulators, the company......
South Korea and Japan have agreed to deepen energy cooperation through new arrangements for exchanging and jointly managing reserves of crude oil and liquefied natural gas, as both countries seek to strengthen energy security amid heightened geopolitical risks in the Indo-Pacific region. The agreement......
The Indian rupee and Indonesian rupiah fell to historic lows on Monday as rising oil prices and global bond market pressure strengthened the US dollar and intensified selling across Asian emerging market currencies. The move reflected growing investor concern over capital outflows from energy-importing......
Global financial markets recovered from steep early losses on Monday after reports emerged suggesting the United States could temporarily ease sanctions on Iranian oil exports during ongoing diplomatic talks. The late session reversal helped calm investors rattled by escalating tensions between Washington......
Japan recorded economic growth of 0.5% during the first quarter of 2026, according to preliminary official data released on Tuesday, surpassing analysts’ expectations. The Japanese economy had previously expanded by 0.2% during the final quarter of 2025, while economists had forecast growth of......
California gasoline prices have surged past six dollars per gallon as the conflict involving Iran, Israel, and the United States disrupts global energy supply chains and reshapes fuel production priorities in India. The crisis has linked cooking gas shortages in South Asia to mounting pressure on American......
The recent visit of Recep Tayyip Erdoğan and Queen Mathilde marked a significant step forward in economic and diplomatic relations between Türkiye and Belgium. The five-day Belgian Economic Mission brought together government officials, business leaders and industry......
Environ 100 billion dollars have been deployed across Asia for climate resilience efforts over the past five years, yet the region continues to face a large annual financing gap of around 200 billion dollars. A new assessment released Monday shows that current investment levels fall far short of what......
Global central banks are expected to significantly expand their gold purchases throughout 2026, reinforcing a long-term shift in reserve management strategies. A new outlook from Goldman Sachs projects average monthly acquisitions of around 60 tons, even as gold prices have recently retreated from record......
Morocco faces a large and persistent loss of public revenue linked to value added tax fraud, estimated at around 12.9 billion dirhams per year. The figure reflects a system in which fraudulent refund claims continue to exploit structural weaknesses in tax administration and corporate reporting. Public......
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