
Switzerland Industrial Production Jumps 5.5% in Q2 2026
Aug 19, 2026 07:01 am UTC| Economy
Switzerlands industrial production rebounded strongly in the second quarter of 2026, rising 5.5% compared with the same period a year earlier, according to data released Wednesday by the Swiss Federal Statistical Office....

Trump Says Iran Talks Halted as Strait of Hormuz Dispute Fuels Oil Concerns
Aug 19, 2026 06:56 am UTC| Politics Economy
U.S. President Donald Trump said Tuesday that Washington is not holding talks with Iran and maintained that the Strait of Hormuz remains open, directly challenging Tehrans claim that the crucial energy shipping route is...

Trump Pauses 50% Canada Tariffs for Three Days as U.S. Trade Deal Takes Shape
Aug 19, 2026 06:54 am UTC| Economy Politics
U.S. President Donald Trump has delayed new 50% tariffs on Canadian goods for three days after announcing that the United States and Canada had reached a preliminary trade agreement. The tariffs were scheduled to take...

Asian Chip Stocks Plunge as Bond Yields Fuel AI Valuation Fears
Aug 19, 2026 06:44 am UTC| Economy
Asian technology and semiconductor stocks suffered steep losses on Wednesday as rising global bond yields intensified concerns over expensive AI-related valuations and higher financing costs across the technology sector....

China Set to Hold Benchmark Lending Rates Steady for 15th Month
Aug 19, 2026 06:43 am UTC| Central Banks Economy
China is expected to keep its benchmark lending rates unchanged in August for the 15th consecutive month, despite fresh economic data highlighting persistent weakness in domestic demand. A Reuters survey of 25 market...

UK Inflation Rises to 2.9% in July as Energy Costs Climb
Aug 19, 2026 06:35 am UTC| Economy
Britains annual consumer price inflation rate climbed to 2.9% in July, rising from a 15-month low of 2.6% in June, according to official figures released on Wednesday. The increase highlights renewed price pressures on UK...

Asian Currencies Rise as Dollar Hovers Near Multi-Month Lows
Aug 19, 2026 06:33 am UTC| Economy
Asian currencies strengthened modestly on Wednesday as easing U.S. Treasury yields weakened the dollar, while investors awaited minutes from the Federal Reserves July policy meeting for fresh clues on the interest rate...