UK consumer confidence rises slightly to -18 but remains weak amid Middle East tensions, petrol price fears, and lingering concerns over inflation and trade wars.
Japan says trade talks with the U.S. remain unclear, as Tokyo struggles to secure a deal and end U.S. tariffs on Japanese cars before the July 9 deadline.
Juventus extend Adidas deal until 2037, worth €408M over 10 years. The current contract, running through 2027, remains unchanged, the club said.
Syria made its first SWIFT bank transfer since the war began, sending money to an Italian bank—marking a step toward rejoining the global financial system.
Norway's central bank cut rates by 25 bps to 4.25%, its first since 2020, surprising analysts and weakening the krone, with more cuts expected this year.
Japan boosts long-term LNG deals amid AI growth, cleaner energy costs, and a new energy plan, while China's LNG imports are expected to decline this year.
Ford is recalling 197,432 Mustang Mach-E vehicles (2021–2025) in the U.S. due to a risk of back seat passengers getting trapped during emergencies, NHTSA said.
Japan plans to cut super-long bond sales by 10% this fiscal year to ease oversupply worries after weak demand and a surge in yields, a draft document shows.
U.S. safety board urges action on risk of smoke entering Boeing 737 MAX jets with LEAP-1B engines, calling for urgent steps to fix the issue.
U.S. gov's golden share in U.S. Steel won't stop Nippon Steel from making key decisions, CEO Hashimoto said after closing the $14.9B deal.
Intel hired three chip execs as CEO Lip-Bu Tan revamps leadership, cuts staff, boosts customer focus, and aims to turn around its foundry and chip business.
US jobless claims fell by 5,000 to 245,000 last week, matching forecasts, but still signal weakening labor market momentum in June.
Trump plans to name a new Fed chair soon, despite a year left in Powell's term, sparking market concerns as he pushes for lower interest rates.
Bond investors are shifting from the U.S. to stable Asian markets, with Malaysia leading. Foreign ownership is rising from Indonesia to India.
Japan's exports fell in May for the first time in 8 months as U.S. tariffs hit automakers; no trade deal was reached with the U.S., adding pressure on the economy.
UK inflation slowed to 3.4% in May as air fare spikes eased and a tax error was corrected, though food prices rose at their fastest pace in over a year.
Hasbro cuts 3% of its global workforce—about 150 jobs—in a cost-saving move amid rising U.S. tariffs on toys from China.
JPMorgan's Sapphire Reserve card now costs $795/year, with $2,700+ in perks like travel, dining, hotel, event credits, and Apple subscriptions.
Trump said Japan and the EU are tough on trade, warned they'll pay tariffs without fair deals, and added that pharmaceutical tariffs are coming soon.
BOJ holds rates steady, plans slower balance sheet cuts in 2025 amid global tensions and weak inflation, signaling a cautious exit from its long stimulus.
Iran may exit the Nuclear Non-Proliferation Treaty as parliament drafts a bill; foreign ministry says no final decision yet, but coordination is underway.
76% of central banks expect to boost gold reserves in 5 years, per WGC survey, as demand rises and confidence in the U.S. dollar continues to wane.
Oil jumps 2% as Israel warns Iran civilians to evacuate; markets dip, gold and bonds rise amid fears of broader Middle East conflict.
EU may offer 10% tariff on all exports to avoid higher U.S. duties. Trade, Iran tensions to dominate G7 talks as Trump warns partners of new tariff terms.