Worldwide

U.S. tariff revenue rises 270 percent, posts record $23 billion in May 2025

U.S. customs duties surged to a record high, contributing to a reduction in the budget deficit.

Oil prices surge over 8 percent as Middle East tensions escalate

The latest developments in the region require the oil market to price in a larger risk premium for any potential supply disruptions

U.K. exports to U.S. plummet by $2.7 billion in April 2025, largest monthly decrease since 1997

The value of Britain’s exports to the U.S. was the lowest since February 2022 at GBP4.1 billion

Boeing shares plunge 8 percent following India plane crash

Following the crash, Boeing said in a statement it was aware of initial reports and was working to gather more information

Fitch revises global sovereigns outlook to ‘deteriorating’ on tariffs, policy uncertainty

Median government debt/GDP is expected to increase slightly to 54.5 percent in 2025 from 54.1 percent in 2024

Trump urges Fed to cut rates by ‘one full point’ following latest CPI data release

Trump described the May Consumer Price Index as a “great” number

Oil prices dip to $69.48 despite heightened Middle East security risks

A geopolitical premium that keeps Brent above $65 per barrel will likely persist until further clarity on U.S.-Iran talks

Global gender gap closes to 68.8 percent yet full parity remains 123 years away, says WEF

Iceland led the rankings for the 16th year running, followed by Finland, Norway, the United Kingdom and New Zealand

U.S.-China trade deal is ‘done’ and tariffs on China will be set at 55 percent, says Trump

The president explained that full magnets and any necessary rare earths will be supplied, up front, by China

UAE and U.S. discuss pathways for bilateral cooperation in economy, technology and AI sectors

Discussions included promoting peace and coexistence with regional and international partners

Crude oil prices dip yet stay above $66.75 as OPEC+ plans production increase

OPEC+ plans to increase oil production by 411,000 barrels per day starting in July

Japan breaks world internet speed records with 1.02 million GB per second data transfer over 1,118 miles

Breakthrough establishes the groundwork for future data transmission demands in AI and IoT 

World Bank cuts global growth forecast to 2.3 percent for 2025 on increased trade tensions

Global trade is expected to grow by 1.8 percent in 2025, down from 3.4 percent in 2024

Stock market today: Asian shares, dollar rise ahead of U.S.-China trade talks verdict

Talks wrapped up Monday night and were set to resume at 9:00 GMT on Tuesday

Crude oil prices climb above $67.2 as U.S.-China trade talks show promise

U.S. President Trump reported positive updates from London, enhancing hopes for a trade deal

Bitcoin price today holds above $107,000 as investors watch for U.S.-China trade talks

The cryptocurrency has stayed within a narrow range amid uncertainty over global economic policy 

Saudi Arabia’s LEAP tech event expands to Asia with LEAP East 2026 in Hong Kong

The collaboration is expected to deliver a substantial boost to business tourism and generate strong economic impact

Stock market today: Asian shares rise, dollar dips ahead of U.S.-China talks in London

Top trade representatives from Washington and Beijing are set to meet on Monday, with the focus expected to be on critical minerals

FIFA, PIF announced a global partnership for the FIFA Club World Cup 2025

The partnership expands PIF’s global footprint in sports and reflects a shared commitment with FIFA to fuel growth and engagement in football

Crude oil prices steady above $66.4 as market eyes U.S.-China trade discussions

China is set to release key economic data amidst worries about domestic demand strength 

Multiply Group launches Multiply Media Group, establishing a UAE-based media powerhouse

Media group will serve as a launchpad to capture regional and global opportunities in the media sector

Trump doubles tariffs on steel and aluminium to 50 percent

The move hikes import taxes for the second time since March, impacting various industries and consumers 

Armenia Stock Exchange joins ADX’s Tabadul platform to enable cross-border trading

The platform enables seamless trading and settlement in local currencies

Crude oil prices fall to $65.40 as OPEC+ output rises despite concerns over Canadian supply

OECD revised down its global growth forecast due to the impacts of trump's trade war