A day of major developments is underway across the globe, as the European Central Bank prepares to deliver its latest verdict on interest rates, a stunning new report reveals the colossal cost of fare evasion in New York City, and Jack Ma’s Ant Group makes a dramatic entrance into the…

A tense and watchful calm has descended upon Asian markets, as a surprise drop in US producer prices rolls out the red carpet for a Federal Reserve rate cut, but the real, high-stakes verdict on inflation is still to come. The market is caught in a state of suspended animation,…

Gasoline margins in the Atlantic Basin surged to an average of $18-$19 per barrel in September, a significant increase from the $6-$9 per barrel seen a year ago. This sharp rise, which has pushed Rbob gasoline forward margins to their highest levels since August 2024, highlights the profound impact prolonged supply…

Shares of residential real estate platform Opendoor Technologies surged about 40% in after-hours trading on Thursday after the company announced the appointment of Kaz Nejatian, the former chief operating officer of Shopify, as its new chief executive officer. The move comes after weeks of speculation following the ouster of Carrie…

Malaysia’s industrial production expanded at its quickest pace this year in July, signalling that the country’s economic base remains resilient despite global trade pressures and tariff challenges. The Department of Statistics Malaysia reported that output increased 4.2% year-on-year, a result that exceeded market expectations and offered a boost to forecasts…

A tense and watchful quiet has descended upon European markets, with stocks opening to a mixed and listless picture as the entire financial world holds its breath. This is the calm before the storm, a market in a state of suspended animation, waiting for a crucial double-barreled verdict on the…

Free speech is no longer threatened only by censorship or law. In this age, it is threatened by bullets, court orders, and opaque takedown notices. The assassination of Charlie Kirk, a 31-year-old activist gunned down at a university podium, is more than just another headline in America’s cycle of political…

Saudi Aramco, the leading oil exporter, has requested that Asian buyers increase their crude oil purchases in October. This comes after Saudi Arabia significantly reduced prices for all crude grades, more than anticipated, due to an expanding supply, according to a Reuters report. Two sources familiar with the matter revealed in the…

Ghana has agreed to accept deportees from the US, joining a list of African nations cooperating with Washington’s strategy of relocating undocumented migrants. The arrangement, announced in Accra, reflects a broader policy by American President Donald Trump’s administration to send immigrants not just to their home countries, but also to…