Region

Central African Republic launches first fully digitalized Ministry

The platform was developed in partnership with the Central African technology firm EDEN TiiiT

Overcoming regulatory fragmentation is key for Africa’s $1.5 trillion digital economy potential

The African data centre market is projected to reach $6.81 billion in 2030

‘Jollof Wars’ in West Africa: Economic reforms in Nigeria and Ghana are stirring the pot

Significant competition between the two nations is unfolding over economic reforms resulting from political transitions

China pledges $51 billion in funding to Africa for infrastructure, job creation

China will provide Africa with RMB360 billion of financial support in the next three years, including RMB 210 billion in credit lines

China’s lending to Africa rises for the first time in seven years in 2023, reaches $4.61 billion

Between 2000 to 2023, Chinese lenders provided 1,306 loans amounting to $182.28 billion to 49 African governments and 7 regional borrowers

$30 million data centre inaugurated in Congo to catalyze digital economy

The 400-rack capacity facility is expected boost DRC's digital landscape

Japanese yen hits nearly 40-year low at 163 per U.S. dollar as Tokyo signals intervention, BOJ hints at rate hike

Tokyo said it was prepared to take decisive action against excessive currency movements

China and 28 countries launch global AI cooperation body in Shanghai

Body will promote international AI cooperation, governance, safety and more equitable access to the technology 

Bank of Korea raises rate to 2.75 percent in first hike since 2023 as inflation hits 3.2 percent

The central bank signaled that further increases may follow as inflation and household debt risks persist 

India-U.K. trade deal takes effect with duties removed on 96.8 percent of U.K. tariff lines

The agreement expands goods, services and professional mobility across both markets.

China’s economic growth eases to 4.3 percent in Q2 2026

Despite the slowdown, China’s economy expanded 4.7 percent in the first half of the year, keeping growth broadly on track with Beijing’s annual target

China on track to post $1 trillion trade surplus for second year as exports surge on AI boom 

China’s monthly vehicle exports surpassed 1 million units for the first time in June

ECB holds rates at 2.25 percent as euro-area inflation eases to 2.8 percent, Middle East energy risks cloud outlook

Policymakers are assessing whether the energy shock will create persistent price pressures 

U.K. inflation falls to 15-month low of 2.6 percent as fuel, food prices ease

The surprise slowdown offers relief to households while renewed energy risks cloud the outlook

Manchester United stadium regeneration could add $9.8 billion annually, create 92,000 jobs

The wider Old Trafford plan could deliver more than 17,000 homes and attract an additional 1.8 million visitors annually

Euro area swings to $8.9 billion trade deficit as imports rise 10 percent, EU gap hits $13.8 billion

An energy shortfall and weaker manufacturing surplus reversed last year’s EUR15 billion goods trade surplus 

India-U.K. trade deal takes effect with duties removed on 96.8 percent of U.K. tariff lines

The agreement expands goods, services and professional mobility across both markets.

Saudi Arabia

See Articles
Exclusive interview with Chris Newman, Executive Director, NEOM Hotel Development

With 95% of the land protected for nature, NEOM offers incredible biodiversity

United Arab Emirates

See Articles
U.S. trade deficit narrows to $55.9 billion in April as exports surge to record high

U.S. exports rose 2.6 percent to a record $327.1 billion in April, driven by a 4.1 percent increase in goods exports

U.S. new home sales rise 5.9 percent to 664,000 in November

The median sales price of a new U.S. home in November 2024 was $402,600, down from $437,300 in October

U.S. consumer confidence at six-month high in August despite lingering labor market fears

In August, U.S. consumer confidence declined among consumers under 35 while it increased for those 35 and older

Sweden’s trade surplus grows to $640 million in July 2024

Non-EU trade surplus hit SEK 22.7 billion during this period

Apple’s iPhone sales jump 52 percent in China during April 2024

Shipments of foreign-branded phones in China increased by 52 percent in April 2024 to 3.495 million units

U.S. annual inflation slows to 3.4 percent in April, monthly CPI up 0.3 percent

The main drivers of the CPI increase were the rising costs of shelter (up 0.4 percent) and gasoline (up 2.8 percent)

United States

See Articles
Trump tariffs could hit 60 economies as 10 percent global levy expires

The administration is considering duties of up to 12.5 percent under a forced-labor trade investigation 

U.S. imposes additional 50 percent tariffs on Canadian goods from August 19

New duties cover products ranging from wine to hockey sticks and cement, including goods that qualify under the USMCA 

Florida renames Palm Beach airport after Donald Trump; facility adopts DJT code in $5.5 million rebranding

South Florida's main gateway adopts a new identity as signage replacement begins

Apple inks $30 billion deal with Broadcom to produce over 15 billion U.S.-made chips

Under the agreement, Broadcom will invest $1.5 billion to expand its manufacturing facility in Fort Collins, Colorado

Trump orders halt to U.S. trade with Spain over NATO spending dispute

The U.S. president criticized Madrid’s refusal to meet the alliance’s new spending target 

U.S. trade deficit widens to 14-month high of $77.6 billion as AI investment fuels import surge

Record capital goods imports and strong domestic demand weighed on second-quarter growth

Worldwide

See Articles
ECB holds rates at 2.25 percent as euro-area inflation eases to 2.8 percent, Middle East energy risks cloud outlook

Policymakers are assessing whether the energy shock will create persistent price pressures 

Japanese yen hits nearly 40-year low at 163 per U.S. dollar as Tokyo signals intervention, BOJ hints at rate hike

Tokyo said it was prepared to take decisive action against excessive currency movements

U.K. inflation falls to 15-month low of 2.6 percent as fuel, food prices ease

The surprise slowdown offers relief to households while renewed energy risks cloud the outlook

Trump tariffs could hit 60 economies as 10 percent global levy expires

The administration is considering duties of up to 12.5 percent under a forced-labor trade investigation 

U.S. imposes additional 50 percent tariffs on Canadian goods from August 19

New duties cover products ranging from wine to hockey sticks and cement, including goods that qualify under the USMCAÂ