Economy



Global markets rebound after report on possible Iran sanctions relief

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’s GDP grows by 0.5% in the first quarter, exceeding expectations

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......

Global bond rout deepens as war driven inflation reshapes rate outlook

A sharp global selloff in government bonds intensified Monday as persistent conflict between the United States and Iran pushed oil prices higher and forced investors to reassess expectations for interest rates across major economies. Surging energy costs and accelerating inflation have fueled concerns......

Japanese restaurants face labor shortages after foreign worker visa freeze

Restaurant operators across Japan are expressing growing concern after immigration authorities suspended the issuance of certain work visas for foreign employees in the food service industry. The measure affects the Type I Specified Skilled Worker visa program, which has become an important source of......

Oil surge rattles markets as inflation fears intensify

Global equity markets fell on Friday as a sharp rise in oil prices and higher bond yields reignited concerns that central banks may be forced to tighten monetary policy again. Investors reversed recent optimism over potential interest rate cuts, shifting toward expectations of prolonged monetary pressure......

Mazda delays in-house EV launch to 2029 and cuts investment

Mazda has postponed the launch of its first dedicated battery electric vehicle to 2029 at the earliest and sharply reduced its electrification spending, signaling a strategic shift toward hybrid models as near-term demand for full electric vehicles weakens in several markets. The Japanese automaker......

Dollar climbs past 157 yen after inflation shocks markets

The U.S. dollar surged against the Japanese yen on Tuesday, with the USD/JPY pair rising to 157.60 after stronger than expected U.S. inflation data reinforced expectations that the Federal Reserve could keep interest rates higher for longer. The move accelerated as geopolitical tensions linked to the......

Former BOJ chief warns Iran war could force faster rate hikes

Central banks across major economies are reassessing monetary policy as the conflict involving Iran continues to push oil prices above 100 dollars per barrel, intensifying concerns over imported inflation and energy costs. Policymakers from Europe to Asia are increasingly signaling that prolonged geopolitical......

Africa seeks greater control over critical minerals value chains

African policymakers, researchers and mining experts are intensifying calls for local transformation of critical raw materials as global competition for strategic minerals accelerates. During a conference held in Rabat by the Policy Center for the New South and the Geology and Sustainable Mining Institute,......

Canada to invest in Philippines economic corridor backed by allies

Canada has announced a new investment in a major economic development project in the Philippines, joining efforts led by the United States and Japan to strengthen regional supply chains and infrastructure. Canadian Minister of International Trade Maninder Sidhu said that Canada will invest around 2......

El Niño threat amplifies Middle East oil shock as Asian inflation hits multi-year highs

Asia is facing a dangerous convergence of inflationary pressures as a looming El Niño weather event and record temperatures compound the economic fallout from the Middle East oil crisis, threatening to drive food and energy costs sharply higher in the second half of 2026 at a moment when central......

Japan and Australia deepen energy and critical minerals cooperation amid oil crisis

Japan and Australia signed a series of agreements on critical minerals and energy cooperation during a bilateral summit in Canberra, as both countries move to secure supply chains under mounting pressure from global oil market instability linked to tensions in the Middle East. Japanese Prime Minister......

Tokyo intervenes with over $30 billion to support weakening yen

Japan is reported to have intervened heavily in the foreign exchange market, spending more than 30 billion dollars to support the yen as it weakened against the US dollar, according to local media reports. The intervention, estimated at around 5,000 to 6,000 billion yen (approximately 32 to 38 billion......

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