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IMF edges up 2026 global growth forecast to 3.1% but warns economy is ‘vulnerable to setbacks from both directions’The International Monetary Fund has updated its global growth forecast for 2026 to 3.1 percent. Concerns remain about the economy's resilie...
Deadly attacks on Saudi Arabia risk wider war that draws in USYemen’s Houthis have increased their attacks on Saudi Arabia, targeting Riyadh’s main airport this weekend. These strikes resulted in signi...
Rich countries on the debt frontline: How the Iran war is shifting world's risk map by squeezing America, Europe and JapanThe International Monetary Fund confronts increased borrowing costs and record debt levels among developed countries. As inflation rises, g...
Climate needs same urgency as defense spending, COP31 Chief saysSpending on the issue by Germany, Europe’s biggest economy, fell last year and the nation missed a pledge on climate financing.
UK 30-year gilt yields hit 28-year high in global selloffThe British 30-year bond yields have skyrocketed to their highest level since January 1998 amid a global bond market decline. This surge is...
Global Market: UK Gilt yields rise as oil, US Treasury yields weigh on bondsBritish 10-year gilt yields jumped 6 basis points to 5.44%, nearing a 19-year high, as rising oil prices and US Treasury yields fueled infl...
Pimco touts diversification need as yields lure at 24-year highAccording to Pimco, bond yields are at unprecedented peaks, offering lucrative income opportunities for investors. The firm recommends allo...
Global Market: European shares rally as healthcare gains offset eurozone fiscal concernsEuropean shares climbed to near one-week highs, led by healthcare stocks, while easing eurozone bond yields offered some relief. Investors ...
As Thailand cracks down on foreigners, a tourist paradise reconsiders its welcomeThailand is facing a growing backlash against foreign influence in its tourist hotspots, particularly southern islands such as Koh Phangan,...
As Brazil gears up for elections, US midterms signal a transformative year for global politics and democracyBrazil is preparing for a closely watched presidential election involving incumbent Luiz Inacio Lula da Silva and challenger Flavio Bolsona...
Why are world bond markets selling off again?As inflation fears and mounting debt pressure rise, government borrowing costs have soared to unprecedented levels. The US Treasury yield, ...
UK pound falls to three-month lows as investors fret over rates, oilThe pound has hit a three-month low against the dollar, triggered by mounting economic apprehensions. Investors are anxious about the effec...
UK 30-year gilt yields top 6% for the first time since 1998British 30-year government bond yields have surged to their highest level since early 1998. This surge follows a significant increase in U....
US hiring appetite is healthy as economy powers aheadThe labor market in the US is poised for notable growth as nonfarm payrolls are anticipated to climb in September. Economists foresee the u...
After Germany sick leave policy row, UK adviser says ‘you can’t just text, send WhatsApp or email’ boss when sick; wants...After Germany sick leave policy row, UK adviser Sir Charlie Mayfield has called for enhanced communication between workers and management d...
Global Market: UK business growth cools as inflation pressures build in SeptemberBritish business activity weakened in September, with the services PMI falling to a three-month low while inflationary pressures intensifie...
UK business activity cools as inflation pressure ramps up, PMI showsBritish business activity growth has slowed this month amidst pressures of inflation, showed a S&P Global survey on Wednesday. Prices charg...