A political earthquake has rocked Japan, as Prime Minister Shigeru Ishiba, battered by a series of humiliating election setbacks and facing an internal party rebellion, announced he will step down. The stunning resignation ends a brief and troubled tenure, plunging the world’s fourth-largest economy into a period of deep uncertainty…
A day of high drama is unfolding across the Asia-Pacific, as a political earthquake in Tokyo sends shockwaves through the market, a darling of the Chinese stock market suffers a brutal sell-off, and fresh data reveals the punishing impact of US tariffs on the region’s largest economy. This turmoil is…
In a significant development for international finance and energy markets, Chinese rating agency CSCI Pengyuan has assigned a domestic triple-A rating to Gazprom, Russia’s state-controlled oil and gas conglomerate. This top-tier rating, announced on Friday, comes amid growing speculation and media reports suggesting that Beijing is actively preparing to grant major…
A surprising and perhaps deceptive calm is gracing European markets at the start of a new trading week, with stocks poised for a positive open on Monday. But this quiet optimism is a mere prelude to a day of high political drama, as the French government teeters on the brink…
China’s exports to the United States plunged 33% in August compared to a year earlier, as tighter scrutiny on rerouted shipments and fading effects of frontloaded exports weighed on trade. Imports from the US also fell 16% during the same period, underscoring the continued strain in the world’s largest bilateral…
If you zoom out, the US economy has been undisputedly resilient, pretty much ever since the global financial crisis in 2008. The last few years have been more controversial however. Technical recessions, vibecessions, high inflation, low inflation. Investors have seen it all. The market is both going to crash or…
Apple will host its annual product showcase on Tuesday, September 9, unveiling the iPhone 17 lineup alongside new Apple Watches and AirPods Pro 3. The launch is widely viewed as part of a three-year redesign cycle, culminating in Apple’s first foldable iPhone in 2026, according to Bloomberg’s Mark Gurman.Investors and…
France’s Prime Minister François Bayrou faces a crucial confidence motion in the National Assembly on September 8, a test that could decide the survival of his government. The vote, which he himself called a “clarification,” is centred on his plan to narrow France’s fiscal deficit, now the widest in the…
Global energy security faces an increasing threat as the world’s five most vital maritime chokepoints, crucial for global oil and gas transit, are under escalating pressure from conflict, piracy, and environmental dangers, according to a recent analysis by Rystad Energy.In 2023, an estimated 71.3 million barrels per day (bpd) of…
When I first heard that Greg Daniels was bringing back the mockumentary format with The Paper, I couldn’t help but be pulled back into my own newsroom nostalgia. Having cut my teeth at a local paper before moving into financial journalism, I know the peculiar mix of chaos, caffeine, and absurdity…