Global Macro News

Iran, Russia condemn Western economic sanctions and urge BRICS bloc to deepen economic ties

Iranian President Masoud Pezeshkian and Russian President Vladimir Putin criticized Western sanctions and asked the BRICS bloc to deepen trade ties.

Consumer outlook plunges in September as inflation outlook worsens

The survey's headline index hit a level of 47.8, down 7.5% from the August reading and off 13.2% from a year ago.

Agencies seek comment on proposed third-party risk management guidance and issue statement on community bank engagement with core service providers

Agencies seek comment on proposed third-party risk management guidance and issue statement on community bank engagement with core service providers

Dollar edges higher against euro after US inflation data

[NEW YORK] The US dollar edged higher against major peers on Friday (Sep 11) after closely watched inflation data showing higher consumer...

Higher than expected core CPI gives Fed enough to tighten

Next week’s decision remains a close call, but there is little sign in the inflation data of continued disinflation

Wall St opens higher after August inflation report

[NEW YORK] The main US stock indexes opened higher on Friday (Sep 11), putting them on track to end a rough week...

India to drain US$10.5 billion from banks as excess cash surges

It will conduct bond sales in three tranches

How to Protect Your Nest Egg When Inflation Is Ballooning

For investors in or near retirement, inflation is always a threat. TIPs can get it under control.

US consumer inflation picks up in August

The CPI increased 0.4% last month after edging up 0.1% in July

Inflation persisted in August, potentially locking in a Fed interest rate hike

The all-items consumer price index was expected to rise 0.4% in August, with core, excluding food and energy, showing a 0.2% gain, according to the Dow Jones consensus.

US inflation held steady at 3.4% in August as high fuel prices persist

Figure prompts traders to increase bets on Fed rate rises ahead of high-stakes meeting

Oil Prices Slip After Recent Surge Amid Supply Risks

Oil fell after surging in the previous session, as traders assessed growing risks to Middle East crude exports following fresh territorial gains by Iran-backed Houthi militants in Yemen.

Beijing freezes plant approvals for energy-storage batteries amid overcapacity fears

Beijing has put a freeze on new approvals of production facilities for energy-storage batteries amid worries about excess supply and vicious price competition, according to industry officials. Companies had not been allowed to add new capacity since May, as key regulators like the Ministry of Industry and Information Technology (MIIT) stepped in to curb a construction spree that risked creating severe overcapacity despite rising demand from renewable-energy projects around the world, the sources...

France’s debt interest bill to jump 25% this year

Finance minister Roland Lescure also downgrades GDP growth forecast for 2026

Economists see Fed defying expectations for rate hikes

This contrasts sharply with investors, who see a 70% chance of a hike next week

IEA warns global oil refining system ‘stretched to the limit’ as Iran, Ukraine wars tighten market

The energy agency warned shrinking inventories and strained refineries could further tighten markets.

Oil prices fall sharply after double-digit weekly gains above $100

The decline snapped multi-day winning streaks for both Brent and WTI crude oil futures.

The Corporate Name Game Could Cost You

Plus, bond rout pauses ahead of inflation data

KPMG under investigation over audits for Prax’s State Oil arm

Big Four accountant, PKF Littlejohn and an unnamed individual to face FRC probe

IEA warns of ‘lost period’ in global oil demand

Strait of Hormuz will not reopen this year, agency says, warning of sharp drop in demand as refined product prices soar

At Bending Spoons, the Numbers Are the Real Mind-Bender

The tech roll-up relies on aggressive price hikes and bespoke metrics. Rising interest rates could crimp its growth.

Yields on U.S., European Government Bonds Lower But Still Near Multiyear Highs

Investors were cautious ahead of key U.S. consumer-price inflation data as the probability of the Fed raising interest rates next week increased.

Xi in India, bank capital injections, EU-China trade

Chinese President Xi Jinping is heading to India for the first time since 2019 and finalising plans for a US trip as he works through his busiest month of international travel in years. Xi will attend the annual Brics summit in New Delhi over the weekend and meet Indian Prime Minister Narendra Modi. Russia’s Vladimir Putin and South Africa’s Cyril Ramaphosa are among other leaders going to the event, which gathers some of the world’s biggest energy producers and users. The India trip gives Xi...

Iran-backed Houthis seize key port in Yemen, advance on another vital oil choke point

The advance raises the threat to shipping near the Bab el-Mandeb Strait, a waterway that connects the Red Sea to the Gulf of Aden to global markets.

Stock Futures Nudge Up, Yields Slip, But Markets Remain on Edge

U.S. stock futures nudged higher and Treasury yields retreated slightly, but investors remained on edge ahead of crucial inflation data later.

Oil Prices Slip After Recent Surge Amid Supply Risks

Oil fell after surging in the previous session, as traders assessed growing risks to Middle East crude exports following fresh territorial gains by Iran-backed Houthi militants in Yemen.

U.S. diesel price tops $6 per gallon, a record high as Ukraine and Iran wars ripple through economy

U.S. diesel prices hit their highest level ever as fuel supply disruption stemming from the Ukraine and Iran wars lifts transportation costs.

ECB's hawkish stance prompts calls for further rate hikes

Traders are pricing in a 93.9% chance of a quarter-point rate hike from the ECB in December

UK economy grows at fastest pace since Feb 2025

British gross domestic product in July was 1.6% higher than a year earlier

UK economy grew 0.4% in July

In the first half of 2026, Britain’s economy expanded by 1%

Nagel Signals ECB May Have to Hike Again to Tame Inflation

Joachim Nagel, president of the Deutsche Bundesbank, during a Bloomberg Television interview at the G-7 Finance meeting in Paris, France, on Tuesday, May 19, 2026. France, which chairs the Group of Seven finance meeting this year, has set its top priority as tackling so-called imbalances ranging from the US budget deficit to China’s weak consumption and under-investment in Europe.

Bessent’s intervention risks damaging BoJ’s credibility, bankers warn

US Treasury secretary’s claims of insider knowledge could erode market perceptions of Japanese central bank’s independence

Oil is scary again

Plus wage growth and inflation

FirstFT: Bessent fails to break bond market ‘fever’

Also in today’s newsletter: Hormuz talks and Russian assets

Modi and Xi are set to meet at BRICS with trade and border issues in spotlight

A meeting with Prime Minister Narendra Modi would be the clearest test yet of the tentative post-2020 reset between Asia’s two largest economies.

Hormuz shipping traffic falls to single digits, data shows

This is well below the 10-day average of 15

Asia Confronts New Inflation, Fiscal Threat as Oil Tops $100

US rate rise fears ripple through global bond markets

Houthi advances push oil prices higher while markets await inflation data on Friday

Scott Bessent fails to break ‘fever’ in US bond market

Treasury secretary’s $6bn bond operation is insufficient to stem the recent surge in borrowing costs, investors warn

BOJ set to raise rates at Sep 17-18 meeting, but offer few clues on how high they could go

A rate hike just three months after its last one in June suggests a faster pace of tightening

Developers rush to build homes on Vietnam’s breathtaking coast, testing a new urban model

These large-scale, seafront projects are eyeing long-term residents rather than tourists

CNBC Daily Open: 'Welcome to Foldables' Samsung roasts Apple for being late to party

Samsung trolls Apple's foldable debut; oil back above $100, pushing the Fed toward a hike next week.

US Treasury yields surge as oil spike, buyback results fuel sell-off

Traders remain underwhelmed with the size of Bessent’s amped-up buyback operation

Japan’s wholesale inflation stays elevated in August, boosts case for rate hike

Experts polled expect the BOJ to hike rates to 1.25% next week

Asian stocks, bonds fall on oil, inflation woes

The MSCI Asia Pacific Index falls 1.3%, with Japan’s Nikkei 225 Stock Average sinks 2.2%

South Korea, Japan stocks decline as Asian shares drop on oil, inflation concern

The MSCI Asia Pacific Index falls 1.4% after the S&P 500 Index slips 0.5%

Stocks to watch: SGX, Oiltek

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Sep 11):

⁠Gold on track for third weekly loss as US inflation data looms​‌

This comes as expectations of a US rate hike strengthened

Gold stays under pressure as surging oil strengthens Fed rate-hike bets

Precious metal faces growing pressure from higher energy prices as fighting escalates in the Middle East

Hong Kong home prices headed for 15% gain this year, Midland forecast says

Hong Kong’s home prices will end the year 15 per cent higher than a year earlier, but still 16 per cent below their high-water mark in 2021, according to local property agency Midland Realty. Underpinning the positive forecast, the city’s banks were not likely to follow an increase in US interest rates by the Federal Reserve if one occurred this year, executives from the agency said at a press conference on Thursday. Dave Ma Tai-yeung, CEO of Midland (Residential), said that as the market...

Cashless society? Singapore’s currency in circulation still hitting new highs at S$69 billion

MAS says growth driven mainly by higher-denomination notes for transactions, or held for contingencies

Opec further lowers 2026 global oil demand growth forecast

It also raised its forecast for 2027 oil demand growth

Houthis advance along Yemeni coast, threaten Saudi oil exports in the Red Sea

Saudi Arabia has relied on the Red Sea route since the Iran conflict effectively closed Hormuz

Houthis seize strategic Yemeni port, threatening Saudi oil exports through Red Sea

Saudi Arabia has relied on the Red Sea route since the Iran conflict effectively closed Hormuz

European shares close at two-month low as ECB hike fuels further tightening bets

European shares fell to two-month lows on Thursday as expectations of further interest rate hikes grew after the European Central Bank increased borrowing costs and...

The Relentless Crypto Billionaire Who Moved to Venezuela in Pursuit of Oil

Fred Ehrsam, a Trump administration ally and co-founder of Coinbase, lived for months in a luxury Caracas hotel pursuing investments in Venezuela.

The Relentless Crypto Billionaire Who Moved to Venezuela in Pursuit of Oil

Fred Ehrsam, a Trump administration ally and co-founder of Coinbase, lived for months in a luxury Caracas hotel pursuing investments in Venezuela.

Oil heads for 13% weekly surge as Middle East attacks deepen supply fears

Attacks from Yemen on Saudi energy facilities raised fears of prolonged disruptions in the broader region

Brent oil trades above US$107 as Houthi-Saudi fighting escalates

On track for its biggest weekly gain since July, the global benchmark has surged over 6% in the prior session

Oil surges 6%, Brent and US crude both surpass US$100 on more tanker attacks

Both oil benchmarks hit their highest since May 19

Oil surges 6%, Brent and US crude both surpass US$100 on more tanker attacks

Both oil benchmarks hit their highest since May 19

US stocks: S&P 500 ends down as Treasury yields rise and traders fret about inflation

All three major indices closed lower for the day

U.S. Stocks Fall as Oil Tops $100, Yields Hit Multiyear Highs

U.S. stocks fell for the fourth straight session and Treasury yields hit multiyear highs as U.S. oil prices topped the $100-per-barrel level, while August inflation data revealed the toll energy costs are taking on commercial users.

Bonds Sell Off Despite Buyback Operation

Plus, oil prices surge above $107 a barrel and wholesale inflation picks up.

Oil, yen and egonomics

The will of US policymakers vs the cold reality of markets

Agencies reduce regulatory burden for community banks, increase eligibility for 18-month exam cycle

Agencies reduce regulatory burden for community banks, increase eligibility for 18-month exam cycle

Friday's CPI inflation report is even more important than usual. Here's what to expect

The Bureau of Labor Statistics will release the August consumer price index report at 8:30 a.m.

Opinion | Hold China Accountable for Its Trade Practices

The G-20’s recognition of Beijing’s policy-driven steel overproduction is a welcome first step.

Druckenmiller says US borrowing costs still ‘a little low’ despite surge in yields

Close ally of Kevin Warsh says Federal Reserve officials who argue rates are restrictive are ‘just ridiculous’

ECB prepares for ‘longer-lasting’ inflation as it lifts interest rates to 2.5%

Central bank president Christine Lagarde warns price shock driven by Middle East conflict will persist well into 2027

British man admits inventing fake takeover bid for Canadian oil explorer

Christopher Woolcott used false identities and forged documents in hope of benefiting from rise in Touchstone Exploration shares, says regulator

Global bond sell-off reignites as oil jumps above $105

US 30-year borrowing costs hit highs as falling Saudi oil production gives fresh impetus to rally in crude prices

Lagarde calls ECB hike ‘no brainer’ as markets bet on more ahead

The decision was guided by fresh projections showing inflation averaging 3% this year

ECB Officials Expect Further Rate Hikes with October in Play

ECB Vice President Boris Vujcic, from left, Joachim Nagel, Deutsche Bundesbank President and ECB President Christine Lagarde at a news conference in Berlin on Sept. 10.

The likelihood of a Fed interest rate hike next week just got a lot higher

Traders pushed chances for a rate increase to 70% in morning action.

Kalshi launches ‘perps’ for gold and silver following CFTC approval, expanding futures offerings

Its the latest move by the prediction market company to diversify its assets users can trade.

United States on track for record crude oil production in 2026

We forecast U.S. crude oil production will average 13.8 million barrels per day (b/d) in 2026, surpassing the previous record of 13.7 million b/d set in 2025, in our latest Short-Term Energy Outlook (STEO).

Record China-US gap in bond yields unlikely to trigger capital flight: Marsh Investment

The widening yield spread between Chinese and American government bonds is unlikely to trigger catastrophic capital flight from China, according to investment executives at Marsh Investment, who attribute the record spread to the United States’ fiscal pressures and global macro trends rather than a structural retreat for Chinese assets. The spread between benchmark 10-year US Treasury bonds and equivalent Chinese sovereign bonds hit a record 3.17 percentage points this week. Yields on US...

Wall St opens lower after hotter-than-expected producer inflation data

[NEW YORK] The major US stock indexes opened lower on Thursday (Sep 10) after producer prices data for August raised expectations of...

Lagarde Rebuffs Queries on Future at ECB While Plugging Her Book

US producer prices increase as expected in August

In the 12 months through August, the PPI advanced 5.4%

Investment surge in Central Asia drives calls for expanded use of Chinese yuan

Expanding use of the Chinese yuan in fast-growing Central Asia, where China is a top investor, can reduce risks and costs for infrastructure firms, part of a broader trend that sees the currency gaining ground wherever commercial flows create demand for it, according to speakers on an investment panel in Hong Kong on Thursday. Smoother access to the yuan would lower risks inherent in currency exchanges, particularly when the more internationalised US dollar is trending strong, and bring down the...

Christine Lagarde, Boris Vujčić: Monetary policy statement

Wealthy investors seek oil and gas assets, but bargains are scarce

The Iran war and the AI boom have created a crowded market for mineral rights and other energy assets.

Inflation and interest rates tracker: see how your country compares

Explore the latest data through interactive charts

US weekly jobless claims edge down as layoffs remain low

[WASHINGTON] The number of Americans filing claims for unemployment benefits fell last week, suggesting that layoffs remained low and continued to anchor...

Wholesale prices rose 0.4% in August, as expected

The producer price index was expected to rise 0.4% in August, according to the Dow Jones consensus forecast.

European Central Bank raises interest rates with hawkish guidance

Widely expected move comes with slightly stronger growth and inflation forecasts despite a higher market-implied rate path

ECB raises interest rates as Iran war fuels inflation fears

A surge in oil prices is clouding the inflation outlook again; resilient growth leaves room to act

Yemen’s Iran-Backed Houthis Sweep Toward Strategic Bab al-Mandeb

The militant group captured the port of Mokha and left Saudi-backed government forces in retreat, expanding its control near a chokepoint for energy exports.

Financial Services Roundup: Market Talk

Find insight on Bank of Japan, Chime Financial, Robinhood and more in the latest Market Talks covering Financial Services.

ECB Lifts Rates for Second Time as Iran War Drives Inflation

Monetary policy decisions

Greenback crawls higher ahead of ECB, US inflation data

Renewed inflation concerns have pushed global bond yields back towards multi-decade highs

Saudi Arabia cuts oil output to lowest this year on Houthi threats

Rebels announced ‘maritime embargo’ against kingdom’s exports in July, forcing world’s biggest exporter to cut production

Energy & Utilities Roundup: Market Talk

Find insight on Adnoc Gas, TotalEnergies, Korea Gas and more in the latest Market Talks covering Energy and Utilities.

Can Trump really pay every adult American a US$5,000 ‘dividend’?

He has promised the handout if Republicans retain control of Congress after the November midterms

Big Tech has replaced Big Oil as Public Enemy No 1, says US shale boss

Diamondback Energy CEO Kaes Van’t Hof says oil companies are no longer viewed as pariahs by young people seeking a well-paid career

Thai central bank targets money flows behind scam networks

[BANGKOK] Thailand’s central bank is making its broadest push yet to trace and block illicit money flows, targeting the proceeds of scams...

Bond Yields Edge Up as Investors Await ECB Rate Hike, U.S. Treasury Buybacks

Long-dated eurozone government bond and Treasury yields edged higher, awaiting the ECB’s expected rate hike and the Treasury’s first buyback auction with increased volume.

Stock Futures Rise, Treasury Yields Hold Near Highs as Oil Tops $101

U.S. stock futures edged higher and Brent continued to rise as investors positioned ahead of crucial U.S. inflation prints.

Europe is trying to gauge how much pain it can take from China

Market share lost to Chinese manufacturers cost the EU nearly US$150 billion in 2025

Announcement of the publication of the Governor's interview transcript

Statement from the Bank of England

Stock Market Today: Bond Yields and Oil Edge Higher

Brent crude above $102, S&P futures climb

Vietnam’s mortgage rate surge putting homeownership out of reach

Country’s homes cost over 30 times the annual household income of many citizens, says World Bank

South Korea Nears Agreement on Billions in U.S. Investments, a Win for Trump

The potential deals, which could include large investments in nuclear energy, are part of last year’s U.S.-South Korea trade deal.

'Saved the day': How China helped keep the lid on oil price surge as Iran war disrupted supplies

China's crude stockpiling and subsequent pullback on purchases since the war erupted in late February has helped the world avoid a deeper energy crisis.

Jewellery shops shut down as Chinese consumers switch focus to gold bars and coins

Most of the gold jewellery shops that once lined the main commercial street in Biyang, Henan province, have closed as gold prices hover at high but volatile levels and a decline in marriages dents demand. “Gold jewellery used to be very popular in our small county,” said 25-year-old kindergarten teacher Yu Qian, who described herself as a frequent buyer of gold jewellery. “There used to be more than 20 gold shops operating here, but I’d estimate that over two-thirds of them have already closed...

ECB to Hike Interest Rates Again as Iran War Fans Inflation

Trump floats US$5,000 payment to US adults if GOP wins midterms

Trump’s popularity is at a record low among Americans

IMF ditched top candidate for chief economist job over Trump tariff remarks

LSE professor Ricardo Reis had said the US president’s trade war would hurt American consumers

Oil shock revives interest in clean hydrogen

Air Liquide chief says fallout from Iran war has led governments to reconsider their use of costly fuel

US-China borrowing costs diverge to widest level ever

Rising Treasury yields threaten to accelerate shift in capital flows between world’s two largest economies

Global money trickles back to Indonesia as markets recover

Investors’ return to nation’s markets boost local assets, but doubts over policy execution persist

Global money trickles back to Indonesia as markets recover

Investors’ return to nation’s markets boost local assets, but doubts over policy execution persist

Asian stocks fall as oil price surge stokes inflation fears

Global benchmark Brent climbs as high as US$101.94 after Iran says it is ready for more intense war

Asian stocks fall as oil stokes inflation fears

The MSCI Asia Pacific Index slips 0.4% as benchmark gauges in Japan, South Korea and Australia drop

Gold edges higher on weaker greenback, US inflation data in focus

Spot gold is up 0.3% at US$4,412.84 per ounce as at 0234 GMT

Gold steadies near US$4,400 as traders weigh Fed rate hike path

This comes after benchmark Brent crude prices hit US$100 a barrel for the first time since July

US firms in China more upbeat on outlook as profits recover: survey

Domestic competition overtook US-China tensions as the biggest concern

Trump advisers warn Iran conflict may last through end of his term, WSJ reports

Iran continues to insist it has the right to manage traffic through the vital waterway

Oil extends gains, with Brent above $101 after U.S. destroys Iranian oil tankers

Worries that escalating tensions in the Middle East could further exacerbate supply disruptions pushed oil prices higher.

Nikkei Falls 0.6%, Dragged by Construction, Retail Stocks

Japanese stocks were lower in early trade on rising concerns over the Iran war and higher energy costs.

Inside India newsletter: India’s green push aims to boost energy security but exposes China dependency

India's ambition to create a self-reliant energy ecosystem by expanding its renewable energy footprint is facing a China problem.

Commodity-finance risks back in focus amid Radiant World scrutiny

Singapore has strengthened digital checks, but gaps remain in verifying if underlying trades are genuine

Oil hits US$105 as Middle East flareup heightens supply worries

Brent is up more than 70% this year

Brent holds above US$100 as tanker attacks deepen supply fear

Brent prices have surged nearly 30% from lows in early August

Brent settles at over US$100 a barrel as Middle East conflict intensifies

Both oil benchmarks closed at their highest since May 22

European shares slide to over-one-month lows as Brent breaches US$100

EUROPEAN shares dropped on Wednesday (Sep 9) to their lowest in more than a month after crude prices surged above the key US$100...

US sanctions Chinese-language Xinbi Guarantee marketplace over cyber scams

The Trump administration sanctioned Chinese-language marketplace Xinbi Guarantee on Wednesday, along with two affiliated organisations, as part of a wider crackdown on transnational cybercrime. The US Department of Justice also announced it had seized Telegram channels and cryptocurrency wallets tied to the platform, which has over 650,000 users, freezing more than US$52 million in potentially laundered funds in just one day. “This is not a distant overseas crime story,” said Jeanine Pirro, the...

US stocks: S&P 500 ends down as oil tops US$100 per barrel

All three major indices closed lower for the day

FirstFT: Apple’s foldable iPhone Duo will cost $1,999

Also in today’s newsletter: Treasury yields jump and DeepSeek fundraising frenzy spawns shadow market

U.S. Stocks Fall as War Escalation, Oil Spike Continue

U.S. stocks extended their recent decline as the war in the Middle East continued to escalate and drive up oil prices.

Basic Materials Roundup: Market Talk

Find insight on gold futures and more in the latest Market Talks covering Basic Materials.

Trump says oil and gas prices won't fall until 'right after' midterm election

President Donald Trump said energy prices that have been elevated due to the Iran war will not come down until after the midterm elections.

ECB’s Nagel Says AI Will Be ‘Litmus Test’ for Europe’s Future

The headquarters of the European Central Bank (ECB) near the River Main in Frankfurt, Germany, on Wednesday, Aug. 12, 2026. The long-awaited recovery of Europe’s largest economy is finally coming into view.

Christine Lagarde: The choice facing Europeans

US Treasury to buy back up to $6bn in long-term bonds

Scott Bessent seeks to steady government debt market with expanded purchase programme

US mortgage rates rise to 6.85%, highest in more than a year

Higher borrowing costs have tamped down demand for loans

New England natural gas prices have been trading near record discounts to Henry Hub

Low-cost Appalachian and Canadian natural gas supplies coupled with lower-than-usual regional consumption have pushed down natural gas prices at a major New England pricing hub in recent months to trade at a discount to the widely cited U.S. benchmark, Henry Hub.

Wall St indexes open lower as oil crosses US$100

[NEW YORK] The main US stock indexes opened lower on Wednesday (Sep 9) as oil prices surged past the market-sensitive US$100-a-barrelmark level...

Yen rallies as over-US$100 oil rattles greenback

The spotlight is on the Japanese currency due to its recent spike, shifting the calculus for the carry trade

Japanese yen rallies; dollar rattled by oil topping US$100

[LONDON] The Japanese yen traded at seven-month highs on Wednesday (Sep 9), keeping the US dollar under pressure, as traders grappled with...

Energy & Utilities Roundup: Market Talk

Find insight on Ithaca Energy, Tenaga Nasional, Rubis and more in the latest Market Talks covering Energy and Utilities.

Asean’s challenge is to become resilient against global geopolitics: former Indonesia trade minister

Ongoing US-China tensions, Strait of Hormuz crisis and AI developments change the game, she says at AmChamSG event

Financial Services Roundup: Market Talk

Find insight on Bank of Japan, Public Bank and more in the latest Market Talks covering Financial Services.

The Morning Risk Report: Iranian Airline Favored by the Regime Is Defying Sanctions

Plus: Shipping powers say free seas are threatened and Europe issues new trade bans on Israel

Google to invest 13 billion euros in AI infrastructure in Finland

The investments will include the construction of at least three new data centres

China’s giant trade surplus has an increasingly geopolitical twist

Partners are faced with a model that combines export-led growth with tech supremacy

Anthropic Researcher Quits Over Industry’s Rush to Build Self-Improving AI

Plus, see the states on the front lines of the trade war with Canada, and how a restaurant at the top of the World Trade Center changed New York.

The High-Stakes Gamble Playing Out in the Natural-Gas Market

Europe has stockpiled only enough natural gas to get through a mild winter.

U.S. reveals import ban on slew of Canadian goods as trade war escalates

Import bans on motorbikes, alcohol and dairy products are due to come into effect on Sept. 29 as the rift between the countries deepens.

US-China trade, tariffs in 2026

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Oil hits $100 for first time since July

Brent crude advances as escalation in US-Iran war feeds fears of renewed global supply crunch

‘I am the house now’: Bessent warns currency traders not to bet against yen

Comments follow July’s rare joint intervention with Tokyo to support Japanese currency

U.S. Stock Futures Steady, Treasurys Weaken After Oil Tops $100

U.S. stock futures were steady and Treasury yields ticked higher after Brent briefly topped the $100 a barrel mark for the first time since July.

Chinese energy firms warn policy volatility complicates long-term expansion abroad

Chinese energy firms have called for policy stability in overseas markets as their global investments face mounting geopolitical risks amid headwinds from the oil crisis. The call came from Sungrow Power Supply and EVE Energy executives, who said policy stability topped their expectations at an event in Hong Kong on Tuesday. Both companies have come under fresh pressure in the US market in the past two months. Sungrow, the world’s second-largest energy storage system maker, was hit by a US...

Brent Hits $100 as U.S.-Iran Escalation, Houthi Strikes Deepen Gulf Supply Fears

Brent topped $100 a barrel for the first time since July as fresh U.S.-Iran attacks and Iranian missile fire into Jordan added to the escalating conflict.

Stock Market Today: Oil Hits $100 for First Time Since July

Escalating conflict in Middle East stokes fears of supply disruptions

Are China’s rare earths really a potent weapon?

Evidence indicates that the country’s export restrictions would cost the West far less than often feared

Chinese stock recovery faces US Fed and oil pressures in September, says top fund manager

Chinese stocks are likely to trade sideways through September, as resilient earnings growth is weighed down by concerns over potential monetary policy tightening in the United States, according to a recent strategy report by China Asset Management, the country’s second-largest mutual fund firm. Mainland-listed companies posted double-digit profit growth in the first half of the year, providing a cushion that is expected to keep a floor under stock prices. But a hawkish tone from the US Federal...

Singdollar hits 10-month high against ringgit as investors take refuge in traditional safe haven

The exchange rate has hit RM3.2207, the highest level since end-October 2025

Singdollar hits 10-month high against MYR; analysts still bullish on ringgit

The exchange rate has climbed to RM3.2204, the highest level since November 2025

Norway’s oil fund says what everyone is thinking

Sovereign debt ain’t what it was

The clock is ticking on Senegal’s ‘total return swaps’

Not such a FAB way to manage sovereign debt

Thai monetary policy is accommodative and there is space to cut if needed: central bank minutes

[BANGKOK] Thailand’s monetary policy should remain accommodative to support economic recovery and there was space to cut rates further if needed, the...

Iran turns to crypto to get around sanctions

Authorities have quietly relaxed controls on foreign currency to encourage traders to repatriate much-needed funds

‘Big fat tickets: China IPO frenzy nets lucky individuals six months’ pay in one day

2026 has had an unusually large crop of listings that deliver over 100,000 yuan (US$14,900) from one winning allocation

China's wholesale inflation tops estimates in August on commodity costs, tech demand as consumer price increases meet forecast

Much of the anticipated pickup reflects a favorable base-effect comparison and higher commodity costs, rather than a genuine strengthening in household demand.

Rising energy costs lift China’s producer, consumer inflation in August

Core inflation, excluding volatile food and energy prices, was up 1% on year

US to ban Canadian motorcycle, dairy, alcohol imports as trade war sizzles

Talks between the US and Canada collapsed in August

Trump plans to ban imports of some Canadian dairy, alcohol

Talks between the US and Canada collapsed in August

Deutsche Bank sees supply chains driving yuan’s rise in global trade

The global rise of the renminbi, the Chinese currency also known as the yuan, is being driven by shifting supply chains rather than a campaign against the US dollar, according to a senior Deutsche Bank executive, following the German lender’s appointment as Europe’s first non-Chinese renminbi clearing house. Konrad Haunit, Deutsche Bank’s head of multinational corporate coverage for Asia-Pacific, Middle East and Africa, said the yuan’s wider use had grown steadily over the past five years. “It’s...

SK Hynix, Samsung lead South Korea’s Kospi higher as Asian chip stocks gain

The advances follow a 1.3% rise for the Philadelphia Semiconductor Index on Sep 8

SK Hynix, South Korea’s Kospi jump as Asian chip stocks gain, crude rises

The MSCI Asia-Pacific Index of shares advances 0.4%

US bans Canadian dairy, motorcycles and most alcoholic beverages

Trump administration announces move day after Ottawa imposed US$20bn in retaliatory tariffs on US goods

UK food inflation will hit 6% on El Nino and drought, firms warn

Farmers are already seeing lower yields for cereal crops

Gold firms on softer US dollar; inflation data and Mideast risks in focus

Metals priced in the greenback are more affordable for holders of other currencies

Gold holds decline as Mideast tensions bolster rate hike case

Strategist says ‘softer reading’ of inflation prints due this week to give bullion traders ‘relief’

Brent crude nears $100 a barrel as U.S.-Iran tit-for-tat strikes stoke supply worries

Oil prices rose on Wednesday as escalating tensions between the U.S. and Iran fueled concerns over further disruptions to Middle East energy supplies,

Stocks to watch: Mapletree Logistics Trust, SIA, Centurion

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Sep 9):

US says it destroyed Iranian tankers after US navy ship targeted

Strikes highlight US’ difficulty pivoting from active hostilities to economic warfare against Iran

The coming food price shock: How war, weather and fuel are colliding

Asia’s import-dependent economies are on the front line as fertiliser costs and diesel margins rise

Oil nears $100 as US launches new strikes on Iranian tankers

American military hit ‘multiple’ ships linked to Iran’s Revolutionary Guards in response to more attempted missile attacks on a US Navy warship

The States on the Front Lines of the Trade War With Canada

The latest Canadian tariffs on $20 billion of U.S. exports went into effect Tuesday. A handful of U.S. states are likely to feel a big effect.

How AI is helping rewire sustainable trade finance in Asean

Smarter data from AI could make Asean’s sustainable supply chains easier to finance

Brent oil hits US$100 as US-Iran war shows little sign of abating

Brent oil is up more than 60% so far this year

Oil nears US$100 as fresh Middle East strikes raise supply risks

Brent oil is up more than 60 per cent so far this year

Oil jumps on new Houthi attacks, reported Kharg Island blasts

Brent oil is up more than 60 per cent so far this year

Opinion | Europe Joins the Boycott Israel Crowd

New U.K. sanctions would hit U.S. firms like Deere and Caterpillar.

European shares muted as oil rally fuels caution; Novartis tumbles

Novartis was the biggest faller on the Stoxx 600

US stocks: S&P 500 falls as AI worries hit software makers

All three major indices closed lower for the day

Nicaragua hands gold concession to sister firm of US-sanctioned Chinese miner

Nicaragua has granted a Chinese-owned company linked to one sanctioned by Washington the right to prospect and dig for gold across 262 sq km (101 sq miles) of rainforest, about a quarter the size of Hong Kong. The 25-year concession over the block, named Jade, went to Linze Excelente Mineria, a company that appeared in Nicaragua’s mining registry only last year. The block is in a corner of the country where prospectors first struck gold in 1880. Corporate filings list Lijun Dong as legal...

Trump’s Venezuela oil deal: why China can wait and watch

When US President Donald Trump announced on August 28 that the United States had secured majority control over some 65 billion barrels of Venezuelan oil through a private company, the North American Blue Energy Partners (NABEP), he called it “the biggest oil deal in history”. The White House fact sheet provided the details: NABEP’s 100-year concessions on 17 oilfields with 65 billion barrels of proven reserves, a 35 per cent Pentagon stake, a 20 per cent State Department offtake at cost with...

U.S. Strikes Iranian Oil Tankers in Response to Tehran’s Attacks on Navy Ships

The American attacks come after Iran targeted U.S. warships for the second time in three days as fears grow that Tehran’s missiles are becoming more sophisticated.

U.S. Stocks Fall After Saudi Oil Facilities Hit

U.S. stocks fell and Treasury yields hit multiyear highs after Yemeni rebels attacked Saudi Arabian energy facilities, pushing oil prices to their highest levels of the summer.

Oil Near $100 Threatens U.S. Stocks’ Stellar Run

Brent crude spiked above $99 a barrel before paring gains.

Canada’s Tariffs Take Effect

Plus, oil rises after Houthis strike energy infrastructure, and stocks fall.

European Nations Impose Trade Bans on Israel Over West Bank Settlements

Israel condemns the moves and retaliates against the U.K., the first to announce measures.

War and weather threaten another burst of UK inflation, BoE governor warns

Comments by Andrew Bailey add to problems facing Andy Burnham ahead of next month’s Budget

Energy & Utilities Roundup: Market Talk

Find insight on oil futures, BP, Santos and more in the latest Market Talks covering energy and utilities.

Jim Cramer wants to buy more FedEx Freight once this 1 thing happens

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

Frank Elderson: Fireside chat

Dow Dips, Oil Nears $100

U.S. stock indexes started the week lower as rising oil prices added to investor anxiety.

Canada PM Carney Vows to Backstop Economy as U.S. Trade Row Escalates

Mark Carney said retaliatory tariffs on about $20 billion in U.S. goods that kicked in on Tuesday were necessary to protect domestic sectors and workers.

Iranian Airline Favored by the Regime Is Defying Sanctions and Expanding

Mahan Air, accused of ferrying weapons and military personnel, has kept its aging jets flying despite U.S. efforts to ground it.

Wall St mixed at open as Gulf tensions send oil to over six-week high

[NEW YORK] Wall Street’s main indexes were mixed at open on Tuesday (Sep 8) as fresh hostilities in the Middle East pushed...

Yen climbs to seven-month high on hawkish BOJ bets

[LONDON] The Japanese yen climbed to a near seven-month high on Tuesday (Sep 8), as growing expectations of a Bank of Japan...

Could China sanction US for illegal international seabed mining? A study says yes

For decades, the United States has used economic and financial restrictions as major foreign policy tools. But as China and other countries gain greater economic and technological strength, they are also acquiring more ways to push back against US actions, with deep-sea mining possibly becoming a testing ground for that shift. China could join other countries in taking coordinated countermeasures, including sanctions against companies, if the US proceeds with seabed mining in violation of...

Qatar’s PM vows to prioritise China’s energy supply amid Middle East tensions

Qatar on Tuesday vowed to prioritise China’s energy supply and safeguard shipments through the Strait of Hormuz, as both countries coordinated efforts to de-escalate Middle East tensions. During a meeting in Beijing, Chinese Foreign Minister Wang Yi and Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani stressed the importance of unimpeded maritime traffic through the waterway. Sheikh Mohammed affirmed Doha’s “support for all diplomatic efforts and endeavours...

Is it time for Eurozone GDP ex-Ireland?

Once the Celtic Tiger, now the tail that wags the bloc

How much should Singapore’s leaders be paid?

The revised ministerial salaries point to not just economic goals but also social vision

The new fiscal threats to monetary policy

High public deficits and debt undermine central banks’ ability to control inflation

Yemen’s Houthi Militants Attack Saudi Energy Infrastructure

The attacks come as the U.S.-Iran war continues to disrupt energy flows through the Strait of Hormuz.

Does Your Portfolio Need an Inflation Tax Break?

Plus, oil is back near triple digits

Investors Brace for a Choppier Fall as the Fed, Inflation Return to Center Stage

Plus, see how drones are infiltrating NATO territory in Europe and test whether you have what it takes to be a clue writer for “Jeopardy!”

Lagarde to Release Memoir in January as ECB Exit Talk Swirls

Christine Lagarde Photographer: Alex Kraus/Bloomberg

Oil Nears $100 a Barrel as Fresh Attacks on Saudi Energy Operations Raise Supply Concerns

Attacks on energy-sector facilities in southern Saudi Arabia temporarily halted some operations.

Thai consumer confidence hits six-month high in August

Consumers are less concerned about the conflict in the Middle East

Suez Canal revival gathers pace as Hormuz crisis reroutes ships

In July, vessels transiting the waterway rise 27% year on year to 1,340

Wave of Houthi strikes halts work at energy facilities in four Saudi cities

Attacks threaten to open another front in the war engulfing the Middle East

Is there a bubble in tech stocks? Summer sell-off was more technical than fundamental

Concerns over the ability of hyperscalers to generate revenues have eased due to strong Q2 earnings

Stock Market Today: Oil Nears $100, Stock Futures Sink

Brent crude climbs after reports of Houthi attacks on Saudi Arabia

U.S Stock Futures, Treasurys Weaken as Brent Nears $100

U.S. markets wobbled as higher oil prices dragged sentiment before investors return from the Labor Day weekend.

Canada's retaliatory tariffs worth $27.6 billion take effect as trade rift with U.S. deepens

Duties on U.S. steel and aluminum products have doubled to 50% as a war of words between Washington and Ottawa continues.

China's car exports stay strong in August but domestic sales decline more

Passenger vehicle exports jumped 77.5% from a year earlier to 894,000 units in August

China rallies Central Asian police chiefs on terrorism threats, energy and trade

China’s top police officer has pledged deeper cooperation with his Central Asian counterparts to crack down on terrorism, separatism and extremism, while strengthening measures to protect Belt and Road Initiative investments. Presiding over an informal meeting of the China-Central Asia Public Security and Interior Ministers’ mechanism in Beijing, Chinese Public Security Minister Wang Xiaohong on Monday urged his counterparts from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan to...

Australian shares log biggest fall in over three months

The S&P/ASX 200 index logged its steepest drop since June 4

More Asean corporates expect geopolitical pressure impact, with no region being ‘a safe hedge’: StanChart

By 2031, digital acceleration could add US$2.8 trillion to international trade each year, the bank says

U.S. Treasury Yields Edge Lower in Asian Trade

Treasury yields edge lower in Asian trade, shrugging off a slight increase in oil prices, as investors wait for Friday’s CPI reading.

Hong Kong stocks face double threat: US inflation and yen carry-trade risks

Hong Kong and mainland Chinese stocks face a high-stakes week as investors navigate US inflation data, a strengthening Japanese yen and looming monetary policy decisions by two of the world’s most influential central banks. Friday’s consumer price index in the United States will take centre stage, with the report arriving just ahead of the Federal Reserve’s policy meeting next week. With Fed Chair Kevin Warsh already signalling a strong emphasis on curbing inflation, market analysts believe a...

German Exports Unexpectedly Drop for First Time Since January

Singapore must be ‘traffic controller’ of business flows amid US tariffs’ supply chain reshuffle: DPM Gan

Singapore cannot compete with neighbours on cost, but is ‘value for money’, says the minister

Iran threatens US with new ‘economic warfare’ and missiles as Houthis attack Saudi Arabia

The Islamic Republic says it fired an advanced missile at US warships

Singapore to study delinking MP allowances from ministerial salary benchmark

MP allowances will still rise to S$18,500 a month, from S$13,750, to account for inflation

Singapore to study delinking MP allowances from ministerial salary benchmark

MP allowances will still rise to S$18,500 a month, from S$13,750, to account for inflation

Singapore tightens national bonus criteria for political salaries, including unemployment, income growth

The government also agrees to explore including a ‘robust’ quality-of-life measure in the framework

Singapore tightens national bonus criteria for political salaries, including unemployment, income growth

The government also agrees to explore including a ‘robust’ quality-of-life measure in the framework

Political salary increase works out to 3.6% a year, below wage growth for Singaporeans: Chan Chun Sing

Yearly increase still below wage growth of median and lower-income Singaporean workers

PM Wong wants more private-sector leaders like Tan See Leng in Cabinet amid succession challenge

Dr Tan was group CEO and managing director of IHH Healthcare, and also founded Healthway Medical Group

Offshore borrowing in renminbi hits record high of nearly $150bn

Issuance of ‘dim sum’ and ‘panda’ bonds rises past $149bn so far this year

Why Japan Inc can brush off interest-rate hikes — and America can’t

Divergent reactions underline the importance of the narrative behind rate rises

The world’s approach to sovereign debt needs to change

Informal conventions on restructurings need to give way to clearer international rules

The world’s approach to sovereign debt needs to change

Informal conventions on restructurings need to give way to clearer international rules

China’s exports surge 25% as demand for high-tech, AI help prop up economic growth

Imports jump 28.2%, compared with a 27.5% year-on-year increase in July

China’s exports expand faster in August, underpin economic growth

[BEIJING] China’s export growth picked up pace last month, remaining a key driver for an economy that is still grappling with tepid...

Philippine jobless rate surges to four-year high in July as growth slows

The capital region, Metro Manila, logs the highest jobless rate, amid an influx of new graduates

Asian stocks edge lower as yen, South Korea’s Kospi advance

The MSCI Asia-Pacific Index of regional equities drops 0.2% as gauges in Japan and Australia fall

China's imports in August miss estimates as exports pick up pace amid calls for rebalancing trade

China's exports and imports gathered momentum in August, as the world's second-largest economy faces mounting pressure to rebalance trade.

Huawei leads China’s push to break reliance on foreign chip technology

Tech giant plays ‘project management’ role to build components needed for DUV machines and avoid export controls

Argentina will file criminal case against Falklands oil driller

Israel’s Navitas Petroleum faces complaint as Javier Milei escalates sovereignty dispute

Asian Stock Markets Mixed as Investors Look to U.S. CPI Data

Regional markets lacked cues given Monday’s Labor Day holiday, and investors are now looking to U.S. consumer inflation data.

Australian consumer sentiment slides under rates, petrol pressure

[SYDNEY] A measure of Australian consumer sentiment fell sharply in September, a survey showed on Tuesday (Sep 8), as fears of higher...

Oil extends gains as renewed Mideast hostilities raise worries of prolonged conflict

Oil prices rose Tuesday on worries over escalating Mideast tensions after the U.S. and Iran traded strikes over the weekend.

Energy diversification in Singapore has to make business sense: Gan Siow Huang

The Republic has a vital role in bringing together capabilities that manage complex energy flows

The Stock Market’s Breezy Summer Is Over. Investors Beware.

The Fed and inflation are back in focus as investors face down an often bumpy stretch for markets.

Japan revises Q2 GDP up to annualised 1.4% expansion

Private consumption, which accounts for more than half of Japan’s economy, however was flat

Gold ticks up with US inflation data on radar

The US dollar index falls, making greenback-priced metals more affordable for other currency holders

Gold gains as greenback eases with US inflation data on radar

The US dollar index falls, making greenback-priced metals more affordable for other currency holders

Gold steadies as traders weigh Mideast tensions, US dollar moves

Investors bet the metal will gain as it rediscovers its traditional value as a portfolio hedge

Why Wall Street can keep rising even as the Fed turns hawkish

Market expectations, optimism over AI-driven productivity are some explanations

Floating wind farms, bendable solar cells: How Koike wants to rewrite Tokyo’s energy blueprint

Energy transition taking place alongside an aggressive push to shield the city against severe weather

Trump says Canada’s Bombardier cannot sell in US unless it builds there

Canada plans to introduce a wave of counter tariffs against the US on Thursday

Brent oil surges near US$100 as attacks halt Saudi energy sites

Saudi authorities call Houthi attacks that wounded 73 people a dangerous escalation

Oil near US$100 as Iran says Hormuz deal with Oman is close

Strong Chinese buying and the Russia-Ukraine war tighten the market

Oil prices rise to six-week highs on worsening Middle East conflict

Oil prices may rise as high as US$120 a barrel if attacks on shipping rise, Goldman Sachs says

European shares subdued as surging crude sharpens focus on ECB rate path

The ECB is widely expected to raise rates by 25 basis points on Thursday

FirstFT: Oil prices near $100 as renewed supply crunch looms

Also in today’s newsletter: India’s biggest private bank grapples with leadership vacuum and China pumps $53bn into banks and insurers

Trump calls for US boycott of Canada’s Bombardier jets

President’s post on social media comes hours before Ottawa’s retaliatory tariffs against Washington take effect

Iran’s Oil Dollars Are Drying Up—and Plunging It Deeper Into Crisis

The U.S. blockade and dwindling supplies already on the water are squeezing Tehran’s most important export earner.

Pricey oil is laying the groundwork for its own decline

Crude is helping to make clean technologies more competitive

Oil closes in on $100 as renewed supply crunch looms

Traders warn that ‘something has to break’ amid attacks on shipping and eroding inventories

Oil prices rise to 6-week high after Iran and U.S. trade blows, Saudi Aramco facilities reportedly hit

Renewed attacks between the adversaries in the Iran war pushed oil prices up on Monday.

Gasoline prices, over $4 per gallon, hit record high for Labor Day

With elevated prices for crude oil, a major component of gasoline, the price at the pump is higher than it's ever been for the holiday weekend.

New Huawei device is China’s answer to foldable iPhone

The Mate XT 2 has two folding mechanisms

Yen hits seven-month high; dollar soft ahead of US inflation

[SINGAPORE/LONDON] The yen surged to a seven-month high on Monday (Sep 7), as traders appeared to reassess their outlook on the embattled...

Oil Higher on Hormuz Escalation, Weighing on Sentiment

Rising oil prices weighed on market sentiment in afternoon European trade after the U.S. and Iran increased efforts to control the Strait of Hormuz.

China vows deeper cooperation with Qatar in energy, AI and Middle East de-escalation

Chinese Premier Li Qiang pledged to deepen cooperation with Qatar in energy, investment, AI and diplomatic efforts to de-escalate Middle East tensions. Li delivered the remarks during a meeting on Monday in Beijing with Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani, who is on an official two-day visit to China aimed at bolstering bilateral ties. His visit came as Beijing and Doha sought to navigate an increasingly volatile regional security environment and...

Jaguar Land Rover plans to cut 4,000 jobs to tackle costs

The redundancies are a blow to new UK PM Andy Burnham who is seeking to reboot British industry

Jaguar Land Rover to cut 4,000 jobs over two years in major cost-saving drive

The luxury carmaker is targeting £1.7 billion ($2.3 billion) in savings as it faces Chinese competition, a cyberattack and U.S. tariffs.

Rise in German Bund Yields Almost Entirely Due to ECB Rate-Hike Prospects

The recent rise in German Bund yields reflects expectations of higher eurozone interest rates rather than demand for compensation for buying longer-dated debt, Generali said.

Peso left behind in Asia as oil shock erodes US dollar reserves

Strategists at JPMorgan Chase and BOA see the Philippine currency extending its decline to as low as 65 per greenback by the...

Peso left behind in Asia as oil shock erodes dollar reserves

Strategists at JPMorgan Chase and BOA see the Philippine currency extending its decline to as low as 65 per greenback by the...

Saudi Aramco oil facilities hit in new strikes

Jizan, near the Yemeni border, has been repeatedly targeted by Houthi rebels in their campaign against Saudi Arabia

Tesla offers rare China inventory discounts to fight sliding Shanghai production sales

Tesla China has launched discounts on its Shanghai-made cars for the first time since the end of 2024, responding to falling deliveries in the world’s largest market for electric vehicles (EVs). Prices of Model 3 vehicles in inventory would be reduced by 5,000 yuan (US$745) each, while buyers of the Model Y could enjoy a discount of 10,000 yuan per unit, the US carmaker announced on Monday. The promotions would run until the end of September, Tesla China said in a statement. “Tesla has been...

UK finance minister Healey seeks to set out brighter vision before tough Budget

He announces plans to give city regions greater powers to attract private investment

Will China’s US$54b capital injection be enough to ease financial strains?

Beijing’s planned 360 billion yuan (US$54 billion) capital injection into eight state-owned financial institutions is a step in the right direction, but further fiscal support is needed to revive credit demand and ensure the fresh capital is put to better use, analysts say. They noted that the move extended a recapitalisation drive since 2025 that had largely focused on banks, now widening to insurers and other financial institutions, reflecting a broader effort to strengthen capital buffers...

China says it will pump $54 billion into banks and insurers — but their stocks still fell

With a bigger capital cushion, financial institutions may also be asked to do more to mobilize resources in capital markets, analysts say.

China’s Foreign Exchange Reserves Continue to Climb

China’s foreign-exchange reserves edged higher in August against the backdrop of a weaker dollar and a surging trade surplus, renewing concerns about the yuan’s appreciation.

China’s capital injection steels banks, insurers for rough road ahead

China announced a capital injection of around 360 billion yuan (US$54 billion) for eight of the largest state-owned banks and insurers amid government efforts to shore up the country’s financial system and boost economic growth. Three state banks said on Sunday they would receive a combined 290 billion yuan. Agricultural Bank of China (ABC) and Industrial and Commercial Bank of China (ICBC) will raise 160 billion yuan and 100 billion yuan respectively through private placements of new A-shares...

Euro-Zone Growth Upgraded After Bumper Quarter for Ireland

Office buildings, including the Central Bank, at the Dublin docklands in Dublin, Ireland, on Wednesday, Nov. 27, 2024. Ireland holds a general election on Nov. 29.

Chinese firms’ green-tech expansion hinges on Hong Kong, senior bankers say

Hong Kong is poised to play a bigger role in financing Chinese green-technology companies’ expansion into emerging markets, as geopolitical fragmentation and high funding costs reshape how capital is deployed in the global energy transition, according to senior banking executives. The city’s deep sustainable-finance market and offshore yuan liquidity could help channel capital into green and climate-resilience projects across developing economies, executives from Bank of China (Hong Kong), DBS,...

Japan's foreign reserves drop by a record $80 billion in August following yen intervention

Finance ministry data showed that Japan's official foreign reserves stand at $1.207 trillion, down from July's figure of $1.287 trillion.

China’s leading EV battery makers’ profits nearly double that of industry’s carmakers

China’s electric vehicle (EV) battery makers saw their combined net profit in the first half of the year nearly double that of the country’s major carmakers, widening the profitability gap amid weakening domestic demand for EVs. Seven major battery manufacturers, including Contemporary Amperex Technology Limited (CATL), recorded a net profit of over 50 billion yuan (US$7.4 billion) during the January-June period, up 49 per cent year on year, according to the companies’ exchange filings. However,...

Can gold hit US$5,000? Wall Street turns bullish despite US job growth fuelling rate fears

Gold will probably test US$5,000 an ounce by the end of 2026, as demand from central banks diversifying their foreign reserves remains strong, countering fears of US monetary tightening after strong labour data and a hawkish tone from the Federal Reserve, according to investment banks. RBC Capital Markets is the latest to join the bullish camp, forecasting US$4,929 by year-end and US$5,296 in 2027. That aligned with Goldman Sachs and State Street Investment Management, which predicted that gold...

Few signs of persistent price pressures in UK and Eurozone

Energy-sensitive inflation remains relatively subdued in both economies

Singapore retail sales rise by just 1.5% in July, under consensus forecast

Sales grow in seven out of 14 categories on a yearly basis

Thai inflation rises more than expected to 2.53% in August, remains within central bank target

Headline CPI is expected to continue rising, says the Thai commerce ministry

Modi fails to dull gold’s lustre in India

Tata’s Titan jewellery chain says consumers continue to regard the precious metal as an investment

Bonds have become bonds again

The forces encouraging yields to move upwards are unlikely to disappear but at least we’re in the ballpark of normal again

Bonds have become bonds again

The forces encouraging yields to move upwards are unlikely to disappear but at least we’re in the ballpark of normal again

Venezuela-US oil deal risks violating local law, say experts

Contentious agreement may conflict with Venezuelan constitution, according to a leading opposition politician and analysts

How Canadian companies are navigating Trump’s tariffs

Five small businesses on how the US-Canada trade war has affected them

Why America’s debt binge is starting to matter

If long-term interest rates decisively breach the 5% threshold, the impact could derail the AI boom

HSBC-backed platform drives green transition capital to emerging markets amid global risks

HSBC has teamed up with partners to launch a non-profit platform to help emerging markets in upgrading their technology and shifting from oil and coal to renewable energy, according to a senior executive. The Green Accelerator Programme, rolled out on Monday with backing from HSBC, Asian Infrastructure Development Bank, Silk Road Fund and others, will channel private capital into feasibility studies and due diligence for emerging-market companies and governments adopting green...

How China’s green tech is undercutting Trump’s ‘drill, baby, drill’ oil strategy in Africa

Cost appears to be a deciding factor for most African countries when it comes to energy as they observe the factors that influence US and Chinese policy decisions. In a sign of the contrasting energy strategies pursued by Washington and Beijing, US President Donald Trump says “drill, baby, drill” while China drives a leap towards renewable energy. With China’s advances in solar generation and battery technologies making acquisitions cheaper, a consensus is coalescing across the continent around...

How generative AI helps SenseTime turn a profit even as Chinese peers struggle

Chinese artificial intelligence pioneer SenseTime is carving a unique path to profitability by steering away from a blind chase for model size, focusing instead on helping clients complete enterprise tasks, executives from the firm told the South China Morning Post. Speaking after the firm reported a net profit of 617.3 million yuan (US$92.0 million) for the first half of 2026 last week, executives including CEO Xu Li and chief financial officer Wang Zheng outlined how a pivot towards AI...

Oil Rises as Escalating U.S.-Iran Conflict Stokes Supply Disruption Fears

Oil prices climbed in Asian trade Monday morning as escalating tensions in the U.S.-Iran conflict stoked concerns over potential supply disruptions in the Middle East.

Hong Kong’s yuan pool is growing. Can it turn liquidity into global demand?

Hong Kong’s top financial regulators have urged local banks to make greater use of the city’s growing pool of offshore yuan liquidity, while also flagging the need to prepare for a coming wave of autonomous AI systems used in the financial sector. Speaking at the Hong Kong Association of Banks (HKAB) Distinguished Speaker Luncheon, Eddie Yue Wai-man, chief executive of the Hong Kong Monetary Authority (HKMA), called on lenders to leverage their international networks to expand the Chinese...

Gold holds decline as traders weigh prospects for US Fed rate hike

Higher borrowing costs are typically a headwind for non-yielding bullion

Nikkei, Kospi rally as strong US jobs data brighten global growth outlook

Rising bond yields remain a drag for equity valuation

What determines banks' excess demand for reserves?

FocusThe amount of central bank reserves to supply has become a highly contentious policy issue for many central banks that shrink their balance sheets which were built up during quantitative easing. However, there is little evidence about the amount of reserves banks actually want to hold and the factors that shape this choice. To trace bank-level demand for reserves empirically, we exploit new microdata and a unique feature of Sveriges Riksbank's operational framework, under which banks…

Oil extends gains as US and Iran target ships in tit-for-tat attacks

Iran says a new restricted zone outside of Hormuz will be declared in the coming days

Oil gains as US attacks on Iranian ships raise escalation risks

Iran says a new restricted zone outside of Hormuz will be declared in the coming days

What America’s high bond yields and China’s low rates tell us

Neither high yields nor low ones are inherently reassuring – they reflect different economic conundrums

Baltic Exchange Shipping Insights

A roundup of the week’s tanker and dry bulk market (Sep 4, 2026)

Iran to announce restricted zone outside Strait of Hormuz, warns of ‘more painful’ retaliation

US campaign to throttle Iran’s economy growing increasingly difficult to withstand

U.S. Energy Secretary Wright says Iran nuclear deal may never happen

Iran warned of faster, heavier retaliation against U.S. attacks while acknowledging the war’s mounting toll on its economy.

Starting gun fired on autumn election campaign season

Republicans gather in Dallas, 25th anniversary of 9/11, ECB interest rate decision

China rolls out massive US$54b package for insurers, banks in financial powerhouse push

China rolled out a package of capital injections worth about 360 billion yuan (US$54 billion) on Sunday for the country’s largest state-owned insurers and state banks, marking a step towards Beijing’s long-flagged plan to build itself into a global financial powerhouse. The Ministry of Finance, which led the move, had rarely injected capital into financial institutions at such magnitude, according to analysts. China Life Insurance Company said it would receive 35 billion yuan to help strengthen...

Sugar is outperforming the stock market this year. Here's what's driving it, and where it can go from here

The sweetener's prices surged last week, reflecting a sharp deterioration in the global supply outlook.

Will US inflation data persuade the Fed to raise rates this month?

Market Questions is the FT’s guide to the week ahead

Opec+ keeps oil output policy unchanged for October

Unlike in the past, the group’s supply decisions have had a limited impact on the market

Which overseas property markets will be the winners and losers if Fed raises US rates?

Comments by US Federal Reserve chairman Kevin Warsh at its annual economic policy symposium in Jackson Hole last month have reinforced expectations of an impending interest rate rise in the world’s largest economy, which would have significant impacts on assets and investors around the world. While the Fed kept its target rate in the range of 3.5 to 3.75 per cent at its meeting in July, Warsh’s comments last month about it having work to do in controlling inflation have heightened expectations...

Russian gold floods through Hong Kong in wake of western sanctions

Shipments hit record high with almost 100 tonnes imported from Russia in first seven months of this year

‘An ideal trade’: Investors eye China stock options as South Korea and Japan AI bets grow crowded

UBS highlights the CSI 500 as an alternative AI bet for investors looking to diversify their exposure

US, Iran trade attacks on vessels in waters near Iran as conflict deepens

Exchange of attacks followed an escalation in the past week

From ‘mystery vacations’ to hostels, budget travelers get thrifty as prices rise

Despite rising prices and the travel industry focusing on the luxury segment, budget-minded vacationers are still finding ways to get away.

US strikes three Iranian oil tankers in response to attacks on warships

Military action over Strait of Hormuz continues to escalate after pause in six-month-old conflict

Trump turns up the heat on Warsh as Fed rate hike looms

Ten days ahead of the next Federal Reserve meeting, the Trump administration looks to be in a full-court press to halt a rate hike in its tracks.

Trump’s state capitalism comes to the oil industry with his unprecedented Venezuela deal

The deal comes eight months after Washington ousted former President Nicolás Maduro in a military raid.

China expands currency swap with Egypt as trade ties reach new heights

Egypt’s expanded currency swap with China may help bring the yuan into wider use in trade and investment, but experts say any reduced reliance on the US dollar will not happen in a hurry. Chinese President Xi Jinping and his Egyptian counterpart Abdel-Fattah el-Sisi this week backed greater use of their currencies, while linking closer financial ties to plans for new factories, energy projects and digital infrastructure. A joint statement released on Wednesday during Xi’s state visit to Cairo...

What Trump’s Venezuela oil grab means for China

THE Trump administration’s deepening involvement in Venezuela – first with the ouster of longtime leader Nicolas Maduro and now with a deal...

The repo market is the ‘dark matter’ of finance: powerful and perilous

How worried should we be about the multitrillion-dollar market’s influence over the cosmos of central banks, bonds, pension plans and private credit firms?

Extended chat: Top US trade official defends Trump’s record

The FT interviews trade representative Jamieson Greer

US structured Venezuela oil position to protect it from dilution, official says

The concessions are awarded without a competitive process

Oil ends week higher on renewed US-Iran strikes, diesel hits record

[HOUSTON] Oil prices rose on Friday (Sep 4), ending the week substantially higher after the United States and Iran resumed military exchanges...

European shares log weekly losses on inflation worries; Volkswagen jumps

Next week, the market focus will shift to the European Central Bank’s policy meeting

US stocks: Wall Street ends lower as solid jobs data fuels hawkish Fed bets

All three major US indexes close lower amid a broad selloff ahead of the three-day holiday weekend

U.S. Stocks Fall as Robust August Jobs Data Spurs Yields, Rate-Hike Bets

U.S. stocks fell after surprisingly strong jobs data muddied the outlook for Federal Reserve policy.

Opinion | Our Crystal Ball and Trump’s Oil Deal

The outlook is hazy 15 years down the road, not only for oil prices but for Venezuela’s stability.

Energy & Utilities Roundup: Market Talk

Find insight on U.S. diesel prices, crude futures, Keyera and more in the latest Market Talks covering energy and utilities.

Rates Climb, Stocks Dip After Strong U.S. Jobs Data

Stocks and bonds fell Friday on concerns that benchmark interest rates are headed higher.

US economy smashes forecast with 162,000 jobs added in August

Expectations for Federal Reserve rate rise in September tick up after strong report

Women accounted for almost all of job gains in August. Here's why

Women accounted for virtually all of August's payroll gains, the latest sign of their growing power in the labor market.

U.S. Stocks Slip, Short-Term Treasury Yields Climb After Strong Jobs Report

A hotter-than-expected jobs report is sending U.S. stocks and short-term bond prices lower, as traders boost bets on a rate hike from the Federal Reserve this month.

U.S. payrolls rose 162,000 in August, much more than expected; unemployment rate at 4.1%

Nonfarm payrolls were expected to increase by 53,000 in August while the unemployment rate held at 4.1%, according to the Dow Jones consensus.

Labour working

A strong employment report in the US raises the odds of a Fed rate rise

Diesel hits record high as Ukraine and Iran wars knock out refineries, fueling inflation worries

Higher prices come as Ukraine pounds Russian refineries, forcing Moscow to ban diesel exports.

Bitcoin heads for third winning week in a row as macro pressures mount

Bitcoin headed for its third straight winning week, as traders searched for refuge amid volatile moves in equities, currencies and bond markets.

Trump to stop trading with some nations if Fed doesn’t cut rates

[WASHINGTON] US President Donald Trump on Friday (Sep 4) said that unless the Federal Reserve cut interest rates, he would stop trading...

The big business of personal protection: How private security became a $50 billion industry

Private security spending and guard employment have climbed as companies and communities respond to high-profile attacks, even as violent crime falls.

Venezuela’s jumbo oil deal does little to appease its creditors

Ordinary bondholders will want evidence that Caracas can produce and sell enough oil, in dollars, to repay what is left of their debt

Elevated crack spreads and crude oil prices contribute to higher prices at the pump

What are crack spreads and why are they elevated? Crack spreads are indicators of the profitability of refining crude oil into petroleum products such as gasoline and diesel. One common crack spread is calculated by subtracting the spot market price of a gallon of crude oil from the wholesale price of a gallon of refined product. Since May, the gasoline crack spread in New York Harbor has averaged about $1 per gallon (gal) higher than in 2025, when the crack spread peaked around 60 cents/gal. Gasoline crack spreads are elevated primarily because of tight gasoline supplies globally.

Strong August US payrolls report bolsters odds of September rate rise

Job numbers well above consensus, adding to hawks’ argument that inflation is a bigger problem than the labour market

Andrew Bailey warns of populist threat to central bank independence

Bank of England governor says claims by some political leaders that rate-setters are ‘an unrepresentative elite’ pose ‘serious challenge’

Hong Kong’s Silver Bonds draw record 480,000 bids with higher interest rate

The latest round of the Hong Kong government’s Silver Bonds programme has attracted a record number of subscriptions in terms of both quantity and value, as the city’s elderly investors seize the opportunity to secure better returns than those offered by bank deposits. Investors submitted 478,000 bids for HK$119.8 billion (US$15.28 billion) worth of bonds during the offering period, which ended at 2pm on Friday, according to a government spokesman. That represented a 22 per cent rise in terms of...

U.S. 'Economic Outcast’ operation gains momentum as EU joins sanctions; South Korea weighs military backing

The EU formally joined the U.S.-led sanctions campaign against Iran, while South Korea said it's weighing a military role to help reopen the Strait of Hormuz.

Fear not the bond market skinny dippers

Rising yields reflect higher AI-led growth, which means swimming costumes for all

The Cancer Vaccine Gold Rush Has Begun. So Has the Race for Picks and Shovels.

Tempus AI could capture a lucrative slice of Moderna and Merck’s personalized cancer therapy business, with Personalis at the center of the bet.

Philip R. Lane: Diversity at the European Central Bank

Can Hong Kong outshine Singapore as central banks rethink gold custody amid global risks?

As the Netherlands moved gold out of the US and Canada over geopolitical concerns, attention is turning to whether Hong Kong can capitalise on central banks rethinking where they keep their bullion. The city faces competition from Singapore, which is expected to launch central bank gold-vaulting services in October as part of efforts to cement its status as a gold trading hub in Asia. Where central banks chose to store gold came down to three factors, said Iggy Ioppe, a Wall Street veteran with...

‘A good hedge and reasonably liquid’: World’s biggest money managers are rebuilding gold positions

But they say a breakout above bullion’s recent ceiling near US$4,600 an ounce will not be smooth

The institutional form of independent central banks: from history to contemporary challenges - speech by Andrew Bailey

Given at LSE TRIUM Anniversary Conference

Stock Market News, Sept. 4, 2026: Short-Term Treasury Yields Climb After Strong Jobs Report

The U.S. economy added 162,000 jobs in August, boosting chances of a rate hike; stocks slip

China’s AI ‘little giant’ Yunxi Technology files for Hong Kong IPO: sources

Yunxi Technology, officially one of China’s “little giants”, has submitted a confidential initial public offering application to Hong Kong’s stock exchange, according to people familiar with the matter. The Guangzhou-based start-up was valued at 10 billion yuan (US$1.27 billion) in its latest private funding round and was working with Bocom International on the deal, aiming to raise “several hundred million [US] dollars”, said the people, who asked not to be named because of the sensitivity of...

Argentina's Milei escalates Falklands dispute as Trump questions U.S. support for Britain

Argentina's President Javier Milei has renewed the country's claim to the Falkland Islands and threatened sanctions on oil companies.

European Indexes Edge Higher in Early Trade

European indexes edged higher in early trade, with AI-related stocks gaining, software stocks falling and the Europe-wide Stoxx 600 in positive territory.

India’s June quarter GDP print is courting controversy. Here’s why

India's forecast-beating economic growth has come under scrutiny after a former government official claimed that the GDP print is overstated.

More stock ownership, weaker monetary policy?

A counterintuitive quirk

Economists See Final ECB Hike Next Week in Split With Markets

European Union flags outside the ECB headquarters in Frankfurt, Germany.

China lashes back at US over G20 row ahead of Xi-Trump summit

Beijing says Trump’s tariffs and Iran war energy crisis are damaging to global economy

Spain pushes for EU oil and gas tax to pay for climate change response

Rising extreme weather costs fuel campaign ahead of new resilience strategy

UK is failing to capitalise on Brexit, says top Trump trade official

Jamieson Greer says Britain’s alignment with EU is a ‘problem’ for a US trade deal

Manager of Norway’s $2tn oil fund proposes slashing US Treasury holdings

Overhaul of bond positions suggested to Ministry of Finance aims to boost returns

Trump-linked companies race to secure deals for Venezuela’s oil

Appointees, a donor and a recent administration official are among those capitalising on US control of beleaguered energy sector

Top US trade official reveals ‘problem’ in UK negotiations

Jamieson Greer says Britain has not capitalised on Brexit

Singapore’s nightlife is struggling. Industry chief Danny Loong wants to ‘bring back the energy’

A new white paper lays out proposals to build a broader after-dark economy that goes beyond bars and clubs

Gold steady before US payrolls data, heads for small weekly gain

Spot gold holds its ground at US$4,475.75 per ounce, as at 0040 GMT

Asian stocks, currencies rise as Fed rate hike bets ease

MSCI’s Asia-Pacific equities gauge climbs 0.3%

Oil prices mixed as investors weigh Middle East escalation, chance of Ukraine peace deal

Both oil contracts hit six-week highs during the session

European stocks recover from one-month lows as bond yields retreat

The ECB is expected to raise borrowing costs to 2.5% next week

US stocks: Wall Street ends sharply higher as Waller remarks ease rate hike fears

The three major indices ended Thursday’s session at least 1% higher

The big August jobs report is due out Friday. Here's what to expect for what has been a jobless summer

August nonfarm payrolls are expected to rise by 53,000 as a subdued labor market keeps Fed attention focused on inflation.

Oil prices little changed after Iran fires missiles at Kuwait

U.S. oil prices have gained more than 9% this week as Washington and Tehran have traded military strikes for the first time since July.

Opinion | A Return to Sound Money Will Fix Inflation

Interest-rate adjustments aren’t enough. The U.S. must restore a gold-backed dollar.

BOE’s Chief Economist Sees Need for Rate Rise as War’s Course Remains Uncertain

The Bank of England should raise its key interest rate to limit the risk that inflation will stay above its target for a prolonged period, Chief Economist Huw Pill said.

Homophones – Remarks by Huw Pill

Remarks at the Edinburgh Chamber of Commerce roundtable.

Fed Governor Waller indicates he will support holding rates steady at September meeting

In remarks that seem to contrast with statements last week from Chairman Kevin Warsh, Waller expressed confidence in the current inflation trends.

Monetary Policy Radar preview: ECB’s September meeting

The FT’s guide on what to look out for on September 10

Treasury yields fall after top Fed official signals support for rate hold

Governor Chris Waller says he is ‘inclined’ not to lift borrowing costs at central bank’s September meeting

China hits back at G20 statement on its reliance on exports, accusing them of 'promoting protectionism'

China rejected G20 pressure over export-driven growth while also challenging U.S. Iran sanctions and European trade measures.

Trade World — despite Trump’s tariffs, global commerce just keeps on growing

Ed Conway of Sky News amply illustrates how the industry of goods being shipped internationally continues to thrive in the face of threats and restrictions

Schnabel May Leave ECB Early to Join IMF, Report Says

How free trade can shield us from El Niño

Climate shocks have progressively become less damaging over time

EnQuest is interested in buying BP’s North Sea assets, CEO tells CNBC

EnQuest CEO Amjad Bseisu told CNBC the company is interested in BP’s U.K. North Sea assets as the oil major explores a sale of the business.

Merz to Meet ECB Officials Before Berlin Rate Meeting Next Week

China's slowdown pushes New Zealand exporters to diversify away from their top buyer, RBNZ official tells CNBC

New Zealand exporters are diverting shipments bound for China to new markets, as demand from the country's top buyer cools, a central bank official tells CNBC.

FirstFT: Yen surges as investors bet on interest rate rises

Also in today’s newsletter: KPMG’s Guggenheim warning and the Dutch gold bars moved out of New York

Over half of employers plan hiring freeze, wage moderation despite better outlook: SNEF poll

However, more companies plan to increase their headcount in 2027, compared with last year’s survey

South Korea's semiconductor exports just tripled year-over-year. Is it too much of a good thing?

If growth were to slow in the semiconductor sector, would the slowdown take the Korean economy with it?

SK Hynix, other chip stocks climb as Asian equities advance

MSCI’s Asia-Pacific equities gauge rises 1.1%, rebounding from the prior session’s sell-off

Gold holds gain as Trump’s war comments ease inflation jitters

Renewed Iran war fighting has rekindled fears of a war that fuels inflation, a headwind for bullion

Inside India newsletter: India’s economic growth is smashing forecasts, but its biggest stocks aren't feeling the love

India's strong economic growth has surprised every quarter for the last year, but the performance of its key stock benchmarks has been deeply disappointing.

Oil edges down as investors weigh uncertainty over US-Iran strikes

Prices retreat on tentative signs of the latest flare-up easing

European shares hit by rising bond yields, energy-driven inflation concerns

The retail sector fell 2.3%

US stocks: Wall Street ends higher as stocks reclaim some shine

All three major indices closed higher for the day

Brent oil price above $95 as Iran retaliates with strikes on U.S. Gulf allies

Oil prices were volatile Wednesday, as Mideast tensions continue to escalate after the U.S. attacked Iran, while Tehran reportedly struck back at U.S. allies.

New York Fed's Williams says yield surge due to strong economic prospects

New York Fed President John Williams said higher Treasury yields reflect a strong economy as he weighs whether another interest rate hike is needed.

Energy Secretary Chris Wright tells CNBC more than 17 million barrels of oil transited Hormuz on Monday

The Energy secretary spoke to CNBC's Brian Sullivan in Venezuela on Wednesday, after President Donald Trump announced a massive oil deal with Caracas.

Private payrolls rose by 38,000 in August, less than expected, ADP reports

Though job creation held positive, August was the smallest gain since January and reflective of a broader slowdown in the labor market.

Chevron to expand in Venezuela operations, doubling production through $7 billion investment

Chevron's move comes amid a U.S. push to increase oil production in Venezuela.

Venezuela grants U.S.-backed oil firm NABEP 100-year concessions for 17 oil fields, White House says

Venezuelan interim authorities have granted North American Blue Energy Partners 100-year concessions for 17 oil fields, White House says.

Singapore factories keep humming on AI boom as PMI rises to 51.5

Strong artificial intelligence demand keeps electronics resilient, but manufacturing prospects remain uneven

Iraq's oil exports rose to around 2.34 million bpd in August

This is up from about 1.35 million bpd in July

Oil major BP completes search for chair after boardroom upheaval

BP on Wednesday formally appointed Ian Tyler as chair after a surprise dismissal of former chairman Albert Manifold sparked boardroom turmoil.

Nagel Signals ECB Will Hike Next Week, Cautious Beyond That

Joachim Nagel

Economists raise Singapore 2026 growth forecast to 5%; more see AI bubble as a top risk

45% of respondents in MAS’ latest poll see tightening of Singdollar policy band in October, up from 30% before

Australia posts second-quarter growth of 2.1%, beating expectations

The GDP print will allow the Reserve Bank of Australia room to go ahead with its policy tightening as it seeks to curb inflation.

Why high yields on government bonds are causing alarm

Rising fiscal deficits and stubborn inflation are driving a flight from long-dated sovereign debt

South Korea, Japan stocks slide as Asian equities fall amid oil gains, Fed rate hike bets

Traders now put odds of a September rate hike at over 50% for five major central banks

Gold hits over 3-week low as Iran war tensions fan US rate hike fears

Prices head for a fourth straight session of losses and remain below the 200-day moving average

Stocks to watch: Keppel DC Reit, Frasers Property, Centurion, Nio, EGP Energy

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Sep 2):

Global bond rout deepens as oil-fuelled inflation fears drive yields to multi-decade highs

Yield on 30-year US Treasuries back near its highest in 19 years

Oil prices extend gains as US and Iran trade fresh strikes

The risk premium in crude is likely to remain elevated, says an analyst

Opinion | Hurray for the Bond Market

Higher yields aren’t yet a crisis. They could be if the politicians in Washington don’t listen.

Oil Prices Push Global Bond Market Closer to the Edge

Many factors are sending yields higher, but rising energy costs are the inflationary trigger

The $3 trillion oil market is becoming more accessible than ever: No longer a 'rich man's game'

Oil trading is becoming more accessible to individual investors as smaller futures contracts, ETFs and online brokerages lower longtime barriers to the market.

U.S. crude oil hits $90 per barrel following latest U.S. attacks against Iran

Oil prices extended gains Tuesday as tensions in the Middle East escalated, with the U.S. carrying out new strikes against Iran.

Boris Vujčić: Listening to households: expectations, behaviour and monetary policy

Indian Prime Minister Modi asks Putin to end Ukraine war amid U.S. tariff threat on Russian oil

Indian PM Narendra Modi has urged Russia to end the Ukraine war and to cease hostilities.

Fed Governor Barr says he'll support rate hike if inflation doesn't ease

The policymaker said he's concerned about "broader price pressures taking hold" as inflation has prevailed above the Fed's 2% target.

U.S. LNG exports rose 23% in the first half of 2026 because of higher capacity

U.S. liquefied natural gas (LNG) exports averaged 17.4 billion cubic feet per day (Bcf/d) in the first six months of the year, 23% more than the same period in 2025, according to our Natural Gas Monthly. In our latest Short-Term Energy Outlook, we estimate U.S. LNG exports will average 17.3 Bcf/d in the second half of 2026 (2H26) before rising to 18.7 Bcf/d in 1H27.

ECB’s September Hike Won’t Be Enough, Simkus Tells Econostream

Gediminas Simkus

ECB’s Nagel Scolds US for Blindsiding EU on Yen Interventions

Bundesbank President Joachim Nagel Photographer: Alex Kraus/Bloomberg

ECB’s Nagel Says Slowdown in Underlying Inflation Is Good News

Bundesbank President Joachim Nagel Photographer: Alex Kraus/Bloomberg

EGP Energy unit secures transmission and distribution project valued at S$6.2 million

EGP Smart Energy’s contract brings the group’s order book to about S$305.1 million

Euro zone inflation is back above 3%. Higher interest rates are likely to follow

The European Central Bank is seen hiking rates in September as the Iran war raises energy costs in the region.

Euro-Zone Inflation Jumps to Highest in Almost Three Years

Gold slips as renewed Mideast tensions keep Fed hike bets alive

Debasement trade is likely to continue into September, which will support the metal

Monetary policy, the yield curve and financial markets

Keynote address by Mr Rashad Cassim, Deputy Governor of the South African Reserve Bank, at the London Stock Exchange Group (LSEG) Insight Series event, Johannesburg, 24 June 2026.

Recent economic and financial developments in Turkey

Speech by Dr Fatih Karahan, Governor of the Central Bank of the Republic of Türkiye, at the briefing on the Inflation Report 2025-III, Istanbul, 13 August 2026.

Policy rate kept unchanged at this meeting

Introductory statement by Ms Ida Wolden Bache, Governor of Norges Bank (Central Bank of Norway), at the press conference following Norway's announcement of the policy rate, Oslo, 13 August 2026.

The restrictive stance of monetary policy

Fireside chat by Mr Christopher Kent, Assistant Governor (Financial Markets) of the Reserve Bank of Australia, at Reuters NEXT Newsmaker Interview: LSEG Insight Series, Sydney, 13 August 2026.

Advancing banking, governance and financial innovation in Malaysia and Asia

Opening address by Mr Abdul Rasheed Ghaffour, Governor of the Central Bank of Malaysia (Bank Negara Malaysia), at the inaugural AICB (Asian Institute of Chartered Bankers) Nexus Conference, Kuala Lumpur, 8 July 2026.

Trump on possible Venezuela departure from Opec: ‘It’s up to them’

It follows UAE’s withdrawal from the organisation months ago

Oil prices rise as latest US-Iran fighting resurrects Middle East supply disruption risks

Analysts polled expect oil prices to remain above US$80 a barrel in 2026

Trump announced a massive oil deal with Venezuela. Why it won't lower gas prices anytime soon

President Donald Trump announced Friday that the U.S. secured majority control over 65 billion barrels of Venezuela's proven oil reserves.

Brent jumps above $90 after flare-up in U.S.-Iran hostilities

Oil prices moved higher Monday, after the U.S. struck Iranian targets for the first time in weeks.

Markets see Warsh endorsing a rate hike in September. Not everyone is convinced

The path toward the move still looks cluttered.

Trump to meet with U.S. oil refiners as White House pushes to lower gas prices

The White House says it is seeking near-term steps to boost refining capacity as affordability and gas prices loom over the midterm election.

Bank of England chief warns new AI models threaten global financial stability

Bank of England Governor Andrew Bailey has warned that frontier AI could materially increase cyber risks to the global financial system.

German Inflation Edges Higher, Adding to Case for ECB Hike

Commuters cross a road outside the central railway station in Frankfurt on Aug. 14. Photographer: Ben Kilb/Bloomberg

India’s economy expands 7.8% in fiscal first quarter, beating estimates

The economy was driven by a strong performance in the financial, real estate, information technology and professional services sectors.

Russia preparing 'massive strikes' on Ukraine's energy sites after deadliest attack of the year

Russia's Defense Ministry has announced preparations for "massive strikes" on Ukraine's energy infrastructure.

China's factory activity shrinks for second straight month, contracting less than expected

China's manufacturing activity shrank for a second straight month, keeping pressure on Beijing to support the economy as growth loses momentum.

K, C or E? Why economists can’t agree on the shape of today’s economy

Economists have long viewed the post-pandemic economy as "K"-shaped. That consensus has now evaporated.

Iran trade falls as Supreme Leader Khamenei urges less reliance on the U.S. dollar

Iran's president says sanctions are hitting imports and exports, as its supreme leader urges less reliance on the U.S. dollar.

ECB’s Kocher Says Europe’s Economy Is Gaining More Momentum

Austrian Central Bank Governor Martin Kocher

Fed Chairman Warsh expresses concern about inflation, advocates for 'quieter' central bank

He used the speech to outline his philosophy on policymaking while carefully sidestepping any signals

Isabel Schnabel: Central banks on-chain

ECB’s Schnabel Calls for Central-Bank Money on Blockchain

The headquarters of the European Central Bank (ECB) near the River Main in Frankfurt, Germany, on Wednesday, Aug. 12, 2026. The long-awaited recovery of Europe’s largest economy is finally coming into view.

Euro Zone’s Inflation Rate Is Set to Reach Highest Since 2023

September Fed decision is now a coin flip as rate hike odds increase post Warsh

Odds rose after Warsh's speech in Jackson Hole, Wyo., where he discussed that he still is frustrated with the overall inflation trend.

Iran calls for global pushback against U.S. sanctions, says diplomacy 'isn't impossible'

Iran said the conflict in the Gaza Strip has to end, Israel has to withdraw from Lebanon and also halt its attacks on Syria.

U.S. Navy blockade slashes Iran oil exports as Trump administration shifts to economic warfare

The U.S. has shifted to a campaign of economic warfare, after a dozen waves of airstrikes in July failed to force Tehran to abandon its claim to Hormuz.

Fed Chairman Kevin Warsh delivers his key Jackson Hole speech Friday. Here's what to expect

Prior Fed chairs have used the speech as an opportunity to lay out broad policy frameworks and intentions.

Lagarde Can Follow Wim Duisenburg’s Footsteps to ECB Exit: Q&A

Christine Lagarde

Spanish Inflation Surges Beyond 4% as France’s Also Quickens

Six months into the Iran war: Markets become accustomed to stalemate with no end in sight

The war has far exceeded the four to six weeks the Trump administration estimated it would take to meet its objectives in Iran.

Trump ratchets up rhetoric against Beijing as U.S.-China officials meet for Xi's Washington visit

U.S. and Chinese officials met in Beijing this week, despite the White House's tough talk on China.

Fed's Hammack says 'now is the time to act' on raising interest rates

She still thinks the Fed needs to take action against inflation that is straining household budgets.

Bailey Heads to Jackson Hole as Price Pressures Build

The Bank of England governor and rate-setter Catherine Mann will speak at the symposium on Friday

Kansas City Fed's Schmid says inflation 'stubborn' and 'sticky,' policy rate not restrictive

The policymaker stopped just short of calling for an interest rate hike.

ECB Officials Discussed Need for ‘Mildly Restrictive’ Policy

Meeting of 22-23 July 2026

Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July

The personal consumption expenditures price index was expected to rise 0.1% monthly and 3.6% on a 12-month basis, according to economists surveyed by Dow Jones.

Piero Cipollone: From vision to delivery: building Europe’s tokenised financial market

Warsh’s Peers to Highlight Global Inflation Risk at Jackson Hole

ECB’s Schnabel Says Rates Must Rise More on Strong Economy

Isabel Schnabel Photographer: Matt McClain/Bloomberg

Minutes of the Board's discount rate meetings on July 20 and July 29, 2026

Minutes of the Board's discount rate meetings on July 20 and July 29, 2026

Stanley Druckenmiller leads doubters who think Bessent's bond ploys will fail

The bond market interventions have generated a modest decline in yields along with a growing chorus of derision.

China needs U.S. dollars but is building a hedge against Washington’s sanctions

The U.S. can pressure Chinese banks over Iran through access to its financial system, while Beijing is building alternatives such as CIPS.

Crypto extends gains after biggest 3-day rally since 2023

Bitcoin and crypto stocks extended their rally after the flagship cryptocurrency broke out of its trading range.

WuXi Biologics posts 4.3% rise in first-half profit, defying biotech headwinds

WuXi Biologics, one of China’s largest contract drug developers, posted a 4.3 per cent increase in profit attributable to shareholders in the first half of the year, as stronger demand and improved capacity utilisation lifted revenue and margins. The Wuxi, Jiangsu-based company’s net profit attributable to shareholders rose to 2.44 billion yuan (US$363 million) in the six months ended June, according to its filing to the Hong Kong stock exchange on Tuesday. Revenue increased 18.4 per cent to...

The Road to Ample - Towards a Demand-driven Liquidity Regime

Speech by David Jacobs, Head of Domestic Markets, at the RBA.

Prediction market traders doubtful Bessent’s bond interventions will push yields lower

Speculators still see yields hitting new highs in 2026 and ending the year at levels elevated from where they're currently trading.

'They asked too much': Canadian dollar slides as Ottawa and Washington head for all-out trade war

"As a smaller, more open economy, Canada has more to lose from this," ING strategists said Monday.

Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks, sources said

Using the TGA would provide the Treasury with considerable firepower to influence long-term bond yields.

Piero Cipollone: Interview with ilsussidiario.net

Singapore inflation hits highest in nearly two years, but undershoots expectations

Consumer prices rose 2.2% last month, compared with the 2.3% expected by economists polled by Reuters

Hard to shift, easy to reshape: central bank reserve demand and frictions

How far can central banks shrink their balance sheets? The answer sets the limits to quantitative tightening (QT), and depends critically on the demand for reserves and whether the drivers widely thought to have increased it over the past decade actually do so. We assess the impact of three such drivers: post-crisis liquidity regulation, monetization frictions, and fragmented interbank markets.

Bessent's bond gambit aimed at calming markets is instead stirring inflation worries

The so-called breakeven rate hit its highest levels in more than two months.

Bessent says there's a 'very good chance' U.S. budget deficit under Trump has peaked

Treasury Secretary Scott Bessent said Thursday that there's a "very good chance" of the U.S. has seen its budget deficit peak under President Donald Trump.

Bessent's efforts in the Treasury market so far haven't worked. Here's what else he can try

Market experts showed skepticism at whether the push would succeed against a bevy of factors working against Treasurys.

Euro-Area Pay Growth Eased in Second Quarter, ECB Says

ECB Says Consumers’ Inflation Expectations Edged Down in July

ECB Consumer Expectations Survey results – July 2026

Bessent says Treasury buyback operation could be more than $4 billion

Bessent said his department is going "make a market" in the longer-dated securities where yields have been surging lately.

Central Asia Water & Energy Program

Central Asia Water & Energy Program (CAWEP) aims to improve diagnostics and analytical tools to support the countries in well-informed decision-making to manage their water and energy resources, strengthen institutions, and stimulate investments.

U.S. government debt passes $40 trillion, more than doubling in a decade

Trump bemoans Fed interest rate policy, says U.S. should be paying much less

As he has done in the past, Trump accused Fed officials of having political motives.

Minutes of the Federal Open Market Committee, July 28–29, 2026

Minutes of the Federal Open Market Committee, July 28–29, 2026

Longer wells boost Permian crude oil and natural gas production

Well operators in the Permian region of western Texas and eastern New Mexico are getting more oil and gas out of the ground by drilling longer, horizontal wells and increasingly incorporating so-called super-lateral wells that exceed 15,000 feet.

Christine Lagarde: Panel remarks about the European economy during a discussion on the global economic outlook at the World Economic Forum

High public debt in the Americas: non-linear implications for risk premia and inflation expectations

Public debt has reached multi-decade highs in the Americas. Additionally, public interest costs have generally increased over the past decade. High public debt and interest costs increase the sensitivity of risk premia to fiscal deficits – regardless of the exchange rate regime – and amplify the sensitivity of short-term inflation expectations to fluctuations in risk premia. Our analysis underscores the relevance of disciplined fiscal policies, which assume heightened significance in the context of current debt dynamics. On the monetary side, safeguarding central bank independence is crucial for ensuring macroeconomic stability.

Waterborne shipments from the U.S. Gulf Coast increased in April and May

Waterborne shipments of crude oil and petroleum products from the U.S. Gulf Coast (PADD 3) to the West Coast (PADD 5) more than quadrupled year-on-year in April and May following a waiver that permitted a broader group of ships to travel between U.S. ports. Shipments from the U.S. Gulf Coast to the East Coast (PADD 1) also increased.