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Economic · Economic

The food industry is a shopfront for the vulnerabilities of a weak currency and an economy dependent on imports

Economic · Economic

Director of the Monetary Policy Department at the Bank of Russia Andrey Gangan emphasized that over the past five years the Russian economy has repeatedly faced major shocks that had a significant impact on the ruble exchange rate

Economic · Economic

After a rare admission by President Putin that the army was suffering from a fuel shortage, Gallup pollsters have released new findings that Russia's "economic pessimism" has hit a 20-year high. For months, Ukrainian drones have been attacking Russian oil infrastructure and the consequences are now being felt even in the capital - usually the last to feel them.

Economic · Economic

Russian President Vladimir Putin acknowledged that the country was suffering from "a certain shortage" of fuel after repeated Ukrainian strikes in their four-year war. Moscow is now looking to increase anti-air defence capacity and ensure fuel supplies - which could even imply importing fuel. FRANCE 24's Rochelle Ferguson-Bouyahi tells us more about the shortages, and what they reveal about Ukraine's growing drone industry.

Economic · Economic

New poll finds bipartisan backing for USMCA even as president seeks to renegotiate its terms

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Devolved authorities do not face right or wrong choices, only trade-offs

Economic · Economic

Alicia Garcia Herrero, chief APAC economist at Natixis, says that Japan may already have intervened in currency markets after the yen strengthened sharply against the dollar on Thursday. "Nobody said so, but I would argue that that correction can't happen if everybody's reading your screens thinking that US data will be strong," Garcia Herrero tells Bloomberg Television. The abrupt move came as traders await US jobs figures later Thursday, which have the potential to move the dollar-yen currency pair. (Source: Bloomberg)

Economic · Economic

There are many disconnects in financial markets. One of them is Japan’s benchmark 10-year bond yield, which currently stands at just 2.7 per cent despite the country’s large public debt burden – more than 240 per cent of economic output. Although Japanese bond yields have risen sharply in the past three years, the 10-year yield is slightly lower than that of Germany, whose government debt as a percentage of economic activity is around one-quarter the size of Japan’s. Another anomaly is the...

Economic · Economic

Officials are rationing fuel as Ukrainian strikes on refineries imperil supply.

Economic · Economic

Broader markets show resilience despite IT sector weakness, with expert Neeraj Dewan suggesting investor confidence hinges on stronger company outlooks. While IT valuations are becoming attractive, caution is advised for long-term investors. Traders might see a bounce. Lower crude prices boost banking and financials, while commercial vehicles are favored over passenger cars in the auto sector. FMCG offers stability, but retail stock valuations require discipline.

Economic · Economic

The principle of technological neutrality and the importance of ensuring supply stability remain priorities for the US side, Denis Agafonov noted

Economic · Economic

Oil prices fall as US leaders strike positive note on Iran talks Oil prices dropped by more than 1 percent as markets reacted to positive comments from US leaders on talks between Washington and Tehran. Brent futures fell $1.38, or 1.89 percent, to $71.57 a barrel, while US West Texas Intermediate crude lost 92 cents, or 1.32 percent, to $68.58 a barrel, according to Reuters. Both benchmarks closed at their lowest levels since March. As we have been reporting, Trump and Vance earlier said talks were going "very well" and "extremely well", respectively.

Economic · Economic

All-rounder was a superb player but it was his vulnerability, personality and passion that won the hearts of England fans Ben Stokes has been a magnificent player for England, and leaves a legacy of individual brilliance and inspirational leadership. However you want to judge him, whether it is the quality of his bowling, his batting and his fielding, his sometimes heroic determination, or the character that makes him uniquely able to connect with teammates and with the public, he is among the very best. The way he became such an important figure in English cricket, and the fact that he is a seam‑bowling all-rounder, means he will always be compared with Ian Botham and Andrew Flintoff, but unlike them he excelled also at captaincy. He is a man of great empathy, which makes him unusually good with young players, at making them feel comfortable in an environment that can be difficult to enter. Continue reading...

Economic · Economic

Tariffs and anti-China policies killed this little Volvo in the United States.

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China and the European Union (EU) have launched a trade and investment consultation mechanism in Brussels, according to a joint statement on Tuesday.

Economic · Economic

TVS Motor shares rose on Thursday after the company reported record quarterly sales of 16.31 lakh units in Q1 FY2026-27, driven by strong domestic demand, exports, and electric-vehicle sales. June sales surged 47% year-on-year, while the stock continued to show positive long-term momentum despite neutral technical indicators.

Economic · Economic

Indian textile exporters are experiencing a significant stock market surge, outperforming the broader market. New trade deals with the UK, EU, and potential US agreements are boosting competitiveness. Global brands shifting sourcing away from China are also creating opportunities. Investors are optimistic about Indian firms capturing substantial market share, with some analysts predicting further gains contingent on capacity expansion and sustained earnings growth.

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The Cabinet of Ministers (Ukrainian government) has approved a special mechanism for the controlled export of Ukrainian-manufactured weapons and defence technologies. The mechanism will remain in place for as long as martial law is in effect.

Economic · Economic

Indian telecom giant Reliance Jio’s plan to launch one of the country’s largest public share offerings in recent years is expected to shake up the domestic market and spur digital companies to raise funds amid a lull in the Iran war and global trade tensions. Earlier this month, the company filed its initial public offering plan with the Securities and Exchange Board of India to raise US$3.8 billion to US$4 billion, potentially surpassing Hyundai Motor India’s record US$3.3 billion IPO in 2024....

Economic · Economic

We have selected seven of the most interesting and important news stories covering US-China relations from the past few weeks. If you would like to see more of our reporting, please consider subscribing. 1. Trump thinks he is playing hardball. But China is playing Trump: analysts As the summit between Chinese President Xi Jinping and US President Donald Trump fades in the rear-view mirror, marked by anaemic deliverables, poor transparency and missed opportunities, analysts and former US...

Economic · Economic

US President Donald Trump on Wednesday took his maiden voyage on a new Air Force One – a retrofitted Boeing 747-800 worth US$400 million gifted by Qatar that embeds his personality more deeply into the institution of the American presidency. Gone is the trademark light blue hull that helped Air Force One blend into the sky. The refurbished jet is painted in Trump’s preferred colour scheme: a navy-blue belly with red and gold stripes. It has the luxury features that the president believes a...

Economic · Economic

Beijing’s move this week to add 20 more Japanese entities to its export-control list is the latest chapter in a complex US-Japan-China geopolitical triangle. Over the past seven months, an angry China has punished Tokyo repeatedly. A miffed Japan is left feeling betrayed. And a war-distracted Washington has struggled to navigate between the two, adding further tension in a region already on tenterhooks, according to analysts and former US government officials. The gnawing unease was sparked in...

Economic · Economic

The United States confirmed on Wednesday it would not renew its North American trade pact, its trade chief blaming Canada’s pursuit of Chinese investment. US Trade Representative Jamieson Greer said the three governments met virtually and that Washington would not endorse the United States-Mexico-Canada Agreement (USMCA) in its current form. “The United States did not agree to renew the USMCA in its current form. As a result, the USMCA is not renewed,” Greer said in a statement. The refusal did...

Economic · Economic

Tariffs and war in Iran have kept food and gasoline prices high as country marks 250th birthday

Economic · Economic

Overseas investors offloaded the most Japanese bonds in three years in June, official data showed, after a lackluster performance left the debt trailing most of its global peers.

Economic · Economic

The yen strengthened slightly against the dollar Thursday amid speculation that further intervention by Japan to bolster the currency may come without warning from officials.