John Harris

John Harris covers the economy with a focus on trade, financial policy, inflation, markets, and major business developments. He follows economic data, government decisions, central-bank developments, and changes in international commerce. John aims to explain what the numbers show while avoiding unnecessary speculation, giving readers a practical view of wider economic conditions.
Economy & Trade

Kenya Airways Returns to Deficit as CEO Kilavuka Departs with Record Exit Package

The financial results coincide with the departure of Group Managing Director and Chief Executive Officer Allan Kilavuka, who served for…

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Economy & Trade

Vietnam sets July 2026 effective date for major personal income tax overhaul

Under the new law, the monthly personal deduction will increase to VND 15.5 million. The number of progressive tax brackets…

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Economy & Trade

Strait of Hormuz Traffic Rises to Post-February Highs Amid Houthi Escalation and U.S. Strategic Pause

The central tension lies in the disparity between the physical risk to energy infrastructure and the restrained political and military…

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Economy & Trade

ASML Reports Mixed Q3 Results, Provides Upward Guidance for Current Quarter

The divergence between the mixed past performance and the optimistic forward guidance highlights the volatile nature of the current semiconductor…

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Economy & Trade

Lufthansa Shares Fall on Profit Slump and Cautious Outlook Amidst Rising Fuel Costs

The shares are currently trading at €8.05. This price point reflects a mixed performance over recent months. While the stock…

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Economy & Trade

Czech Central Bank Holds Key Rate at 3.75 Percent Amid Upward Inflation Risks

Governor Aleš Michl stated that risks to inflation remain tilted upward, necessitating a continued relatively restrictive monetary stance. This approach…

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Economy & Trade

ASML and TSMC Earnings to Test Resilience of AI Chip Demand Amid Sector Selloff

ASML, the Dutch manufacturer of lithography systems, will report its third-quarter results in U.S. premarket hours on Wednesday. The company…

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Economy & Trade

Meralco raises electricity rates by 32 centavos for October amid higher generation costs

The increase marks the end of two consecutive months of rate declines for Meralco’s more than 8.3 million customers. Meralco…

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Economy & Trade

BT to acquire TalkTalk in £400m rescue deal, saving 900 jobs and 2.5m customers

The deal provides immediate continuity for TalkTalk’s 1.5 million retail customers and one million wholesale clients. BT Chief Executive Alison…

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Economy & Trade

IMF upgrades 2026 global growth forecast to 3.1% but warns resilience is nearing limits

Despite the marginal improvement, the IMF cautioned that the current resilience is "reaching its limits." The fund warned that emergency…

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