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- Reliance Jio shares surge 27% on market debut, becomes India’s second-most valuable firm
- Oman opens new mining concessions in critical minerals push
- Indonesia plans new oil and gas body to unlock investment, reduce foreign dependence
- Fed holds interest rates at 3.75%-4% as inflation risks persist ahead of US midterms
Gulf economies set for 10.3% rebound in 2027 if oil flows recover, says World Bank
The World Bank expects GCC output to contract by 4.3% in 2026, with the disruptions at the Strait of Hormuz...
Bank of Japan raises interest rates to 31-year high, signals more hikes ahead
The BOJ raised its policy rate to 1.25% from 1% by a 7-2 vote, with dovish board members Toichiro Asada...
China’s factory activity picks up pace as new orders and exports accelerate
China's finished goods inventories also grew at the sharpest rate since September 2025, with firms increasing purchasing activity...
Fed’s next policy meeting in focus as US inflation remains elevated
In July, the Personal Consumption Expenditures Price Index increased 3.7% in the 12 months through the month, unchanged from June...
Headache for Trump administration as US debt races towards USD 40 trillion
Lost tariff revenue and persistent budget deficits are accelerating borrowing just as investors demand higher returns to hold longer-dated Treasuries...