business

Japan’s foreign reserves drop by record $77.11 billion in May, lowest since July 2025

Japan’s foreign reserves drop by record $77.11 billion in May, lowest since July 2025

Sharp decrease is largely attributed to aggressive efforts by Tokyo authorities to stabilize the yen

Eurozone’s May Composite PMI falls to 48.5 as shrinking demand, inflation signal 0.2 percent Q2 GDP contraction

Eurozone’s May Composite PMI falls to 48.5 as shrinking demand, inflation signal 0.2 percent Q2 GDP contraction

Private sector activity contracts at fastest pace in 18 months

World Bank and Japan launch $20 million initiative, finalize new framework to secure supply chains, critical minerals

Banking & Finance

World Bank and Japan launch $20 million initiative, finalize new framework to secure supply chains, critical minerals

New platforms extend existing partnerships of Japan with the World Bank Group on critical minerals

U.S. Treasury yields return to 5 percent for the first time since 2007

Banking & Finance

U.S. Treasury yields return to 5 percent for the first time since 2007

Investors sell off government debt as Middle East conflict fuels inflation concerns

ECB Lagarde rejects eurozone stagflation fears despite rising growth, inflation risks

ECB Lagarde rejects eurozone stagflation fears despite rising growth, inflation risks

Baseline forecasts 0.9 percent 2026 expansion rates steady amid oil shock divergence

U.S. national debt surpasses 100 percent of GDP, hits 100.2 percent in March as it echos WWII highs

Banking & Finance

U.S. national debt surpasses 100 percent of GDP, hits 100.2 percent in March as it echos WWII highs

Public debt $31.27 trillion exceeds annual GDP record borrowing inaction

EU-Mercosur trade deal takes effect, cuts tariffs and opens 700 million-consumer market for EU exports

EU-Mercosur trade deal takes effect, cuts tariffs and opens 700 million-consumer market for EU exports

The deal unlocks major trade gains

U.S. Q1 2026 GDP grows 2 percent, beats forecasts amid inflation and global headwinds

U.S. Q1 2026 GDP grows 2 percent, beats forecasts amid inflation and global headwinds

GDP accelerates amid energy shock

Eurozone inflation hits 3 percent in April on energy surge amid Q1 GDP growth of 0.1 percent

Eurozone inflation hits 3 percent in April on energy surge amid Q1 GDP growth of 0.1 percent

Energy prices spiked 10.9 percent amid SoH blockade fueling stagflation fears

Canada to launch first sovereign wealth fund with $18.32 billion seed capital

Banking & Finance

Canada to launch first sovereign wealth fund with $18.32 billion seed capital

Canada Strong Fund will invest in major national projects with private sector partners

Bank of Japan holds interest rate at 0.75 percent, raises inflation forecast by 0.9 percent

Bank of Japan holds interest rate at 0.75 percent, raises inflation forecast by 0.9 percent

Central bank keeps policy steady in 6–3 vote as market expected

Euro area economy contracts first time in 16 months as April PMI falls to 48.6 on services slump, energy cost pressures

Euro area economy contracts first time in 16 months as April PMI falls to 48.6 on services slump, energy cost pressures

Business activity weakens

EU fossil fuel imports surge $25.9 billion as crisis delivers major macroeconomic hit after 44 days

EU fossil fuel imports surge $25.9 billion as crisis delivers major macroeconomic hit after 44 days

Von Der Leyen proposes fast EU energy support for vulnerable groups

U.S. inflation reaches 2-year high of 3.3 percent in March as gas price surge impacts broader economy

U.S. inflation reaches 2-year high of 3.3 percent in March as gas price surge impacts broader economy

Gasoline prices climbed 21.2 percent in March, marking record increase since 1967

U.S. Q4 GDP growth revised lower to 0.5 percent as investment weakens

U.S. Q4 GDP growth revised lower to 0.5 percent as investment weakens

The Commerce Department reported a step down from the prior 0.7 percent growth figure for the quarter

Sri Lanka secures IMF agreement for $700 million, commits to reforms for economic stability

Sri Lanka secures IMF agreement for $700 million, commits to reforms for economic stability

Country implemented fuel rationing and 35 percent price hike to preserve foreign reserves

U.S. Federal Reserve minutes reveal policy split as officials weigh potential interest rate hikes

U.S. Federal Reserve minutes reveal policy split as officials weigh potential interest rate hikes

Fed officials forecast slower progress toward 2 percent inflation goal amid energy volatility

U.S. jobs see sharp rebound with 178,000 nonfarm payrolls added in March

U.S. jobs see sharp rebound with 178,000 nonfarm payrolls added in March

Unemployment falls to 4.3 percent as 396K drop out of labor force

World food prices hit highest since September, FAO says

World food prices hit highest since September, FAO says

Wheat up 4.3 percent from U.S. crop fears and Australian planting cuts

U.S. trade gap hits $57.3 billion following 4.9 percent rise, despite record $314.8 billion in in exports

U.S. trade gap hits $57.3 billion following 4.9 percent rise, despite record $314.8 billion in in exports

Esxports surge was driven by monetary gold and natural gas

Bank of Japan updates natural rate estimate as era of ultra low rates ends

Bank of Japan updates natural rate estimate as era of ultra low rates ends

Neutral interest rate range stands between -0.9 percent and +0.5 percent

OECD cuts Eurozone growth forecast to 0.8 percent, lifts inflation outlook to 2.6 percent amid rising energy costs

OECD cuts Eurozone growth forecast to 0.8 percent, lifts inflation outlook to 2.6 percent amid rising energy costs

Organization says higher energy prices will reduce demand offset investment technology, lower effective rates

Japan initiates largest-ever strategic oil release as gasoline prices hit record 190.80 yen

Japan initiates largest-ever strategic oil release as gasoline prices hit record 190.80 yen

State reserves drawdown equals 30 days of demand roughly 8.5 million kiloliters scheduled through April end

ECB President Lagarde signals potential rate hikes to counter energy shock

ECB President Lagarde signals potential rate hikes to counter energy shock

Lagarde stated that a moderate overshoot of the inflation target could justify measured tightening