Economy

  • Canada slashes 50% on Stellantis’ tariff-free import quota

  • China’s global yuan loans explode 35% to new ATH as Beijing accelerates de-dollarization strategy

  • Japan’s inflation ticks up for the first time in 5 months

  • UK fraud hits £629M as AI-fueled scams drive record crime surge

  • RBA’s Bullock outlines plan to modernize Australia’s payments system

  • France argues for EU to relax aggressive push for ambitious EV goals

  • Wall Street expects “devastating” economic consequences for Russia after Trump’s sanctions

  • Putin says he won’t bow down to Trump’s demands as US imposes sanctions

  • Bank of America, JPMorgan expect Fed to end quantitative tightening next week

  • SNB says zero rates will push inflation in the coming months

  • BoE to relocate financial regulator as office costs soar

  • US national debt reaches a new ATH of $38 trillion

  • Oil and gold prices react as Trump intensifies Russia sanctions

  • China faces supply jolt as U.S. sanctions hit top Russian oil firms

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  • China pushes yuan global use by flexing creditor power across developing nations

  • BOJ hike bets fade after Takaichi’s takeover

  • South Korea holds the interest rate at 2.5%

  • Trump finally slaps long-awaited sanctions on Putin’s Russia

  • Gold slips 8% from high as mining stocks tumble for second straight day

  • U.S. Auto Supplier Dana Inc.’s Michigan plant closes following a slow demand for EVs

  • China’s Xi bargaining power amplified by $1B daily U.S. exports

  • UK inflation holds steady at 3.8% in September