Global Economy
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financeDow Confirms Correction Amidst War Fears
The Dow plunges 1.7% amid concerns over the economic impact of the U.S.-Iran conflict. Oil spikes fuel inflation worries.
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financeStrait of Hormuz Crisis Poses Major Threat to Global Economy: IEA Chief
IEA chief Fatih Birol warns that the ongoing energy crisis could have far-reaching economic impacts, similar to those of the 1970s and the 2022 Ukraine conflict.
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financeEconomic Risks of Prolonged Iran War Underestimated
Prolonged Iran war could severely impact global economy, with energy, supply chains, and fertiliser facing major disruptions.
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worldCanada Seeks Asian Trade Partners as US Ties Sour
Canadian Prime Minister Mark Carney is embarking on an Asian trade mission to diversify international partnerships and reduce reliance on the United States.
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financeOil Prices Dip Amidst Nuclear Talks and Tariff Uncertainty
Crude oil prices are falling as U.S. and Iran gear up for nuclear negotiations, while new U.S. tariff hikes introduce global economic concerns.
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financeGlobal Markets Unsettled by U.S. Tariff Confusion, Nvidia Earnings in Focus
Asian shares and the dollar faced volatility as uncertainty over U.S. tariffs and upcoming Nvidia earnings created market jitters.
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worldIndonesia Prepared for Global Trade Shifts Post-US Tariff Ruling
Indonesia's President Prabowo Subianto signals readiness for evolving global trade dynamics following the US Supreme Court's rejection of Trump's tariffs.
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worldTrump's New Global Tariff Exempts Canada Under CUSMA
U.S. President Trump enacts a 10% global tariff, but Canada's exports remain largely exempt due to the CUSMA trade agreement. The move follows a Supreme Court ruling.