Markets Stocks Economy Crypto Earnings Banking Energy
Newsroom · Macro & Economy

By Priya Raman

Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.

646 published stories
Equinor Nearly Doubles Q2 Profit as Oil and European Gas Prices Surge
Energy

Equinor Nearly Doubles Q2 Profit as Oil and European Gas Prices Surge

Equinor's second-quarter profit nearly doubled to $11.48 billion, fueled by higher oil and European gas prices. The state-backed Norwegian e

South Korea's Factory-Gate Inflation Stays Hot at 8.6% as Central Bank Flags More Rate Hikes
Economy

South Korea's Factory-Gate Inflation Stays Hot at 8.6% as Central Bank Flags More Rate Hikes

South Korea's factory-gate inflation remained elevated in June, with producer prices up 8.6% year-over-year. The Bank of Korea has signaled

Oil Hits Five-Week High as US-Iran Tensions Rise; Nigeria Holds Rates, Ghana Awaits Decision
Energy

Oil Hits Five-Week High as US-Iran Tensions Rise; Nigeria Holds Rates, Ghana Awaits Decision

Oil prices rose to a five-week high as US-Iran tensions escalated, coinciding with Nigeria's decision to hold interest rates at 26.50% and G

Westpac Leading Index Signals Australian Economy Losing Steam Ahead of Key Inflation Data
Economy

Westpac Leading Index Signals Australian Economy Losing Steam Ahead of Key Inflation Data

Westpac's Leading Index dropped to -0.36% in June, the sixth consecutive below-trend reading. The bank now expects the RBA to raise rates by

South Korea Approves Restructuring of Yeosu Petrochemical Hub to Tackle Oversupply
Energy

South Korea Approves Restructuring of Yeosu Petrochemical Hub to Tackle Oversupply

South Korea has approved a restructuring plan for the Yeosu petrochemical hub, idling two ethylene units over three years. The government-ba

Alaska Air Profit Forecast Hit by Rising Jet Fuel Costs After July Oil Spike
Energy

Alaska Air Profit Forecast Hit by Rising Jet Fuel Costs After July Oil Spike

Alaska Air warned investors that third-quarter profit could fall well short of expectations after a July surge in oil and jet fuel prices. T

US Threatens 50% Tariffs on Canada in Escalating Trade Dispute Over Cheese and Booze
Economy

US Threatens 50% Tariffs on Canada in Escalating Trade Dispute Over Cheese and Booze

The US administration is planning 50% tariffs on Canadian imports, citing discrimination against American cheese and other trade grievances.

F4 Uranium Launches Airborne Survey to Extend Known Uranium Trends at Wales Lake
Energy

F4 Uranium Launches Airborne Survey to Extend Known Uranium Trends at Wales Lake

F4 Uranium has started a 700-line-kilometer airborne geophysics survey over its Wales Lake project in northern Saskatchewan. The survey aims

Nigeria's Central Bank Holds Rate at 26.50% Amid Geopolitical Tensions and Oil Price Risks
Economy

Nigeria's Central Bank Holds Rate at 26.50% Amid Geopolitical Tensions and Oil Price Risks

Nigeria's central bank held its key interest rate at 26.50% for a second straight meeting, pointing to renewed US-Iran tensions and rising o

Hong Kong Inflation Holds at 2% in June as Utility Costs Surge 9.2%
Economy

Hong Kong Inflation Holds at 2% in June as Utility Costs Surge 9.2%

Hong Kong's inflation rate stayed at 2.0% in June, but utility costs surged 9.2% year over year. Officials warn that earlier oil price incre

Hungary Central Bank Cuts Key Rate to 5.75% as Inflation Cools, EU Deal Eases Risks
Economy

Hungary Central Bank Cuts Key Rate to 5.75% as Inflation Cools, EU Deal Eases Risks

Hungary's central bank cut its benchmark rate by a quarter point to 5.75% on Tuesday, continuing a summer easing cycle. Cooling inflation an

Saudi Aramco's Q2 Profit Expected to Jump 40% on Higher Oil Prices
Energy

Saudi Aramco's Q2 Profit Expected to Jump 40% on Higher Oil Prices

Saudi Aramco's upcoming earnings could show a sharp profit jump as higher oil prices offset lower production. AlJazira Capital expects Q2 ne