
Hong Kong Eyes Offshore Yuan Expansion, Deeper China Market Links
Sep 05, 2026 05:34 am UTC| Economy
Hong Kong is preparing to expand the use of the offshore yuan and strengthen cross-border investment ties with mainland China under its first five-year plan, Bloomberg reported Saturday, citing Chief Executive John Lee....

Japan, US Target AI and Chips in $550 Billion Investment Push
Sep 05, 2026 05:32 am UTC| Economy Politics Technology
Japan and the United States are advancing a $550 billion investment initiative, with artificial intelligence and semiconductor projects expected to become major priorities in the next phase of the economic partnership,...

Iran’s Hormuz Oil Pressure Fades as Gulf Crude Flows Continue
Sep 05, 2026 05:27 am UTC| Politics Economy
Irans effort to pressure global oil markets by restricting traffic through the Strait of Hormuz is losing some of its effectiveness as U.S. support helps Gulf producers maintain crude shipments, according to the Wall...

JPMorgan Sees ECB Raising Rates to 2.75% in December
Sep 04, 2026 08:25 am UTC| Central Banks Economy Insights & Views
JPMorgan now expects the European Central Bank (ECB) to raise interest rates for a third time in December, lifting its policy rate to 2.75% as persistent inflation, higher energy costs and resilient eurozone growth...

Asian Currencies Rise as Yen Surges on Fed Rate Outlook
Sep 04, 2026 05:27 am UTC| Economy
Asian currencies strengthened on Friday, led by a sharp rally in the Japanese yen as the U.S. dollar weakened following dovish comments from Federal Reserve Governor Christopher Waller. The yen was heading for a weekly...

US Oil Blockade Deepens Iran’s Economic Crisis
Sep 04, 2026 05:09 am UTC| Politics Economy
Iran is facing mounting economic strain as a U.S. campaign targeting its oil exports, financial networks and sanctions-evasion channels increasingly restricts Tehrans access to foreign currency and essential imports,...

U.S. Payrolls Seen Rebounding in August as Labor Market Stays Soft
Sep 04, 2026 04:42 am UTC| Economy
U.S. payroll growth is expected to have recovered in August as local government education employment rebounded, although job losses linked to changes in immigration protections could limit overall gains. Economists...