Markets
Nikkei Plunges Below 28,300 as Omicron Fears Fuel Global Sell-Off
The Japanese stock market experienced significant losses, with the Nikkei 225 falling below the 28,300 level, extending declines from the previous session.
#Global Economy 43 articles
World Business
Eurogroup Chief Urges Multilateralism After G7 Talks
Eurogroup President Kyriakos Pierrakakis emphasized a multilateral approach as essential for Europe and the 21-member euro area following G7 finance meetings in...
World Business
G7 Ministers Confront Global Economic Headwinds in Paris
G7 finance ministers and central bankers convene in Paris amidst escalating global economic threats, including the US-Iran conflict, bond market volatility, and...
Economy
US Unveils Broad Tariffs Citing Forced Labor Failures
The U.S. Trade Representative proposes new tariffs of 10% or more on products from dozens of major trading partners, including Canada, Mexico,...
Economy
Global Factory Activity Sags as Inflation Drives G7 Bond Yields to Two-Decade High
Global factory activity is slowing or contracting due to persistent inflation and a war-induced energy crunch, pushing G7 sovereign bond yields to...
World Business
Asia Chip Windfall Fuels Global AI Hyperscalers
Asian chipmakers' AI-driven profits are creating a global savings glut, funding hyperscalers and echoing past financial cycles.
Markets
Taiwan Market Faces Thursday Downturn After Typhoon Break
Taiwan's stock market is poised for a decline on Thursday, following a sharp rebound on Tuesday that broke a four-day losing streak,...
World Business
Eurogroup President: G7 Agrees Multilateralism Key Amid Global Crises
Eurogroup President Kyriakos Pierrakakis stated G7 finance ministers and central bankers agreed on multilateralism as key to addressing global economic challenges like...
World Business
OECD Warns of Worsening Global Economic Outlook Amid Middle East Conflict
The OECD Secretary General stated that the ongoing Middle East conflict is increasing inflation and dampening global economic growth, with a formal...