
Bank of Korea Nominee Shin Hyun-song Signals Possible Rate Hike Amid Middle East Inflation Fears
Apr 15, 2026 03:42 am UTC| Central Banks Economy
South Koreas incoming Bank of Korea (BOK) Governor nominee Shin Hyun-song has hinted at a possible shift toward tighter monetary policy, warning that prolonged supply-side shocks stemming from the ongoing Middle East...

IMF Slashes Global Growth Forecast Amid Middle East Energy Crisis
Apr 15, 2026 03:39 am UTC| Economy
The International Monetary Fund has downgraded its global growth outlook following a surge in energy prices triggered by the ongoing Middle East conflict. As finance officials convened for the IMF and World Bank spring...

U.S. Stock Futures Hold Steady as Wall Street Eyes Middle East Diplomacy and Earnings Season
Apr 15, 2026 02:58 am UTC| Economy
U.S. stock index futures were relatively flat Tuesday evening following a strong regular session that pushed the SP 500 close to its all-time closing high. By late evening, SP 500 Futures hovered near 7,007.75, Nasdaq 100...

Oil Prices Slip as U.S.-Iran Ceasefire Hopes Ease Middle East Tensions
Apr 15, 2026 02:55 am UTC| Economy
Oil prices continued their downward trend during Asian trading hours on Wednesday, extending significant losses from earlier in the week as diplomatic developments between the United States and Iran raised hopes for a...

China's Trade Surplus Shrinks Sharply in March Amid AI Import Surge and Export Slowdown
Apr 14, 2026 03:27 am UTC| Economy
Chinas trade balance dropped significantly in March, falling well below market expectations as a surge in imports collided with weaker-than-anticipated export growth. Official customs data revealed a trade surplus of...

Australian Business Confidence Crashes Amid Iran War Oil Shock
Apr 14, 2026 01:59 am UTC| Economy
Australian business confidence suffered one of its steepest monthly declines on record last month, as the ongoing conflict involving Iran triggered a severe global oil shock that rattled markets and spooked company...

Food prices are already high in Canada. Will the Iran war make them worse?
Apr 14, 2026 01:58 am UTC| Insights & Views Economy
Food prices in Canada have been rising at a faster rate than overall inflation for the past several years. In fact, food prices are 30 per cent higher than they were a decade ago. In the face of this pressure, consumers...