
US Sanctions Target Iran’s Shadow Banking Network and Terror Financing
Apr 29, 2026 02:28 am UTC| Politics Governance Economy
The United States government has announced a new wave of sanctions targeting 35 individuals and entities accused of supporting Irans shadow banking system. According to officials, these networks have been instrumental in...

BOJ Governor Kazuo Ueda Hints at Rate Hike as Inflation Pressures Build
Apr 28, 2026 07:43 am UTC| Economy Central Banks
The Bank of Japan (BOJ) held its interest rates steady on Tuesday, but growing internal support for tightening monetary policy highlights increasing concern over inflation pressures, particularly those linked to the...

European Stocks Slip as U.S.-Iran Tensions and Earnings Season Weigh on Markets
Apr 28, 2026 07:31 am UTC| Economy
European stock markets edged lower on Tuesday as investors adopted a cautious stance ahead of key central bank meetings and a busy week of corporate earnings. Ongoing geopolitical tensions, particularly the stalled...

Ukraine Faces Pressure to Introduce VAT on Low-Value Imports to Secure IMF Funding
Apr 28, 2026 07:29 am UTC| Economy
Ukraine is under increasing pressure to introduce a value-added tax (VAT) on low-value parcels from abroad as part of efforts to keep its $8.1 billion International Monetary Fund (IMF) program on track. The IMF review...

Gold Prices Drop Amid Iran War Concerns, Rising Oil Costs, and Hawkish Central Bank Signals
Apr 28, 2026 07:04 am UTC| Economy
Gold prices declined sharply during Asian trading on Tuesday as rising oil prices and hawkish signals from the Bank of Japan (BOJ) heightened concerns about global inflation and interest rate policies. Spot gold fell by 1%...

China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S.
Apr 28, 2026 05:31 am UTC| Economy Business
The Beijing Auto Show is drawing global attention as it highlights a dramatic shift in the automotive market: electric vehicle (EV) prices in China are significantly lower than in the United States. Intense competition...

Yen Strengthens as BOJ Signals Rate Hikes; Asian Currencies Slip Ahead of Fed Meeting
Apr 28, 2026 05:09 am UTC| Economy
The Japanese yen strengthened on Tuesday after the Bank of Japan (BOJ) maintained its interest rates but hinted at potential rate hikes amid rising inflation risks. The USD/JPY pair declined by 0.2%, hovering near the 159...