Economy

  • German inflation slips to 1.8% in July, beating forecasts as growth stalls

  • Japan’s Akazawa foresees a delay in tariff cuts on the automobile industry

  • Brazil scores win as U.S. backs down on broad tariff plan

  • BOJ maintains interest rates, pushes up inflation projection

  • Standard Chartered makes $1.3 billion stock buyback after earnings beat estimates

  • Trump blasts India and Russia’s budding friendship, calls both economies “dead”

  • US, Asian, and European stocks surge even after Trump’s new tariff collection

  • China steps in to support yuan after drop to two-month low

  • Trump calls for Nancy Pelosi to be investigated for insider trading

  • Stocks and crypto crash after Powell says he’s not cutting rates in September

  • Fed chair Jerome Powell says he sees no need to cut interest rates in September

  • Federal Reserve keeps interest rates unchanged again, as expected

  • Brazil holds rates at two-decade high while bracing for US trade blow

  • Trump slaps India with 25% tariffs, with extra levies coming August 1

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  • ECB believes diverting Chinese trade to Europe could ease inflation

  • U.S. economy rebounds with 3% annualized GDP growth in Q2

  • S&P 500 heads into historically tough stretch after best rally since 2020

  • US mortgage demand falls to lowest since May as rates hold steady

  • Eurozone posts 0.1% growth in Q2 despite global trade uncertainties

  • Oil dips as market awaits Trump’s Russia deadline and tariff threats on crude

  • UBS doubles Q2 profit on strong gains in investment banking and wealth management

  • HSBC reports a 26% drop in pretax profit amid mounting bad debts