Economy & Trade
Follow global economies, trade deals, inflation, markets, jobs, business policy, currencies and financial developments.
Vietnam sets July 2026 effective date for major personal income tax overhaul
1 week ago
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…
Strait of Hormuz Traffic Rises to Post-February Highs Amid Houthi Escalation and U.S. Strategic Pause
1 week ago
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…
Oil Markets Stabilize as Middle East Supply Risks Keep Prices Elevated
1 week ago
Oil Markets Stabilize as Middle East Supply Risks Keep Prices Elevated
Recent market data indicates that oil prices eased initially as investors weighed the broader supply outlook, but this caution quickly…
MSCI Review Triggers 7.35% JCI Crash, Deepening Rupiah Slide
1 week ago
MSCI Review Triggers 7.35% JCI Crash, Deepening Rupiah Slide
The single-day drop of 7.35% in the IHSG represents a significant deviation from historical norms, triggering broad-based sell-offs across the…
Nigeria’s Central Bank Governor Cardoso Appointed Chairman of Africa Finance Corporation
1 week ago
Nigeria’s Central Bank Governor Cardoso Appointed Chairman of Africa Finance Corporation
Cardoso, who has led the CBN since September 2023, brings extensive experience in international banking, investment management, and economic policy.…
US Treasuries Slump as Hotter-Than-Expected Inflation Signals Prolonged High Interest Rates
1 week ago
US Treasuries Slump as Hotter-Than-Expected Inflation Signals Prolonged High Interest Rates
The immediate market reaction was characterized by a slump in bond prices, which inversely correlates with rising yields. As investors…
U.S. Inflation Accelerates to 3.7% in September as Energy Costs Spike
1 week ago
U.S. Inflation Accelerates to 3.7% in September as Energy Costs Spike
The surge in prices was driven primarily by a sharp rise in energy costs. The index for gasoline increased 9.1%…
ASML Reports Mixed Q3 Results, Provides Upward Guidance for Current Quarter
1 week ago
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…
Lufthansa Shares Fall on Profit Slump and Cautious Outlook Amidst Rising Fuel Costs
1 week ago
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…
Czech Central Bank Holds Key Rate at 3.75 Percent Amid Upward Inflation Risks
1 week ago
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…