Economy

  • Fears over Iran-Israel war are driving oil prices lower

  • Crypto may start posing a systemic risk, FSB’s Knot warned

  • Republicans set the stage for ‘total tax cliff’ at the end of Trump’s term

  • China stands by trade pact and vows to keep its word

  • US PPI rises 0.1% to 2.6% in May, lower than expectations

  • Boeing stock crash after latest Air India accident

  • Trump is open to extend July 8 deadline for trade talks

  • US-UK trade deal wait on Trump approval on major provisions

  • UK’s exports to the US suffer largest dip since 1997

  • Stocks, crypto, and dollar plunge as traders brush off US inflation and trade relief

  • Gold and oil prices rise due to tensions in the Middle East

  • UK economy posts worst monthly drop since 2023 as GDP falls 0.3%

  • Former Commerce Secretary Wilbur Ross calls the US-China deal incomprehensive

  • U.S Treasury buys back another $10 billion of its debt

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  • EU targets two Chinese banks over alleged crypto aid to Russia

  • GameStop’s stock valuation still relies on finding the next ‘greater fool’

  • China sets six-month limit on rare-earth export license easing

  • Treasury Secretary Scott Bessent blames Democrats for this year’s oversized deficit

  • Japan flags tariff risks in June economic report

  • Gold becomes world’s second-largest global reserve asset, overtaking the euro

  • US inflation cools down 0.1% as odds of a June Fed rate cut diminish

  • Trump says US-China deal is ‘DONE’ after two days of intense talks