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Economy

Economy

UK job market shows signs of recovery, rate cuts still possible, says ING

The UK job market is showing signs of a potential turnaround, with a recent, more modest decline in payroll employment hinting that…
Economy

Beijing imposes steep duties on Canadian canola amid trade dispute

Beijing escalated its trade dispute with Ottawa on Tuesday, announcing a preliminary anti-dumping duty on Canadian canola imports.  This move marks a…
Economy

Intel stock rises after Trump meets Tan, calls him a ‘success’: why a friendship could help

Intel Corp shares rose about 3% in pre-market trading on Tuesday after US President Donald Trump confirmed he had met with company…
Economy

Dow futures tumble before July inflation data: 5 things to know before Wall Street opens

Dow futures were trading in red before the opening bell on Tuesday as the investor focus shifts to July’s consumer price index,…
Economy

Australian court rules Apple, Google app stores uncompetitive in partial win for Epic Games

An Australian federal court has ruled that Apple and Google’s smartphone app stores lack safeguards against anti-competitive behaviour, marking a partial legal…
Economy

SoftBank targets AI dominance with $32.7B OpenAI stake and chip purchases

Masayoshi Son is positioning SoftBank at the heart of the global artificial intelligence race, building a portfolio that spans chip design, infrastructure,…
Economy

JPMorgan sees Fed cutting rates 5 times starting in September

JPMorgan has made a sharp turn in its Fed forecast, now expecting multiple interest rate cuts starting as soon as September 2025….
Economy

Saudi Arabia likely to cut September crude oil exports to China

Saudi Arabia, the world’s largest crude oil exporter, is poised to reduce its crude oil exports to China in September.  This expected…
Economy

Denmark’s Orsted seeks $9.4B amid US wind power opposition

Orsted, a Danish wind farm developer, saw its stock decline sharply on Monday after requesting 60 billion crowns ($9.4 billion) from shareholders. …
Economy

Dow futures soar 100 points today: 5 things to know before Wall Street opens

Dow futures edged up over 100 points early Monday, hinting at a steady start after last week’s tech-driven rally. Traders are bracing…
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