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Economy
South Korea’s central bank raises rate for 1st time in 3-1/2 years
Bank of Korea raises benchmark policy rate from 2.50% to 2.75% in move seen to tackle high inflation
US imposes 25% tariffs on Brazilian imports
EXPLAINER - Could Apple’s lawsuit become OpenAI’s biggest legal threat?
Taiwan’s 2nd-largest chipmaker begins mass producing silicon photonics wafers in Singapore
Renewed US-Iran strikes bring Strait of Hormuz tanker traffic close to a halt
Only 2 tankers complete crossings in past 24 hours, while 2 LPG carriers approach critical energy waterway
Türkiye’s exports to EU total $54.5B amid reshaping of supply chains in H1
Volkswagen CEO confirms up to 50,000 more jobs could be cut
Foreign workers leaving Greece worsen labor market crisis
Fed chair says central bank has ‘no tolerance’ for persistently high inflation
US banking giants post sharp profit gains in second quarter
US inflation eases to 3.5% in June as energy prices fall sharply
IBM shares plunge over 23% as preliminary quarterly results miss forecasts
US dollar maintains resilience against other currencies amid Middle East war in H1
Foreign workers leaving Greece worsen labor market crisis
Fed chair says central bank has ‘no tolerance’ for persistently high inflation
US banking giants post sharp profit gains in second quarter
US inflation eases to 3.5% in June as energy prices fall sharply
IBM shares plunge over 23% as preliminary quarterly results miss forecasts
US dollar maintains resilience against other currencies amid Middle East war in H1
Markets trade negative as Middle East tensions threaten global energy supply
Oil hits nearly 1-month high above $85 amid US-Iran strikes, Hormuz blockade
EXPLAINER - Could Apple’s lawsuit become OpenAI’s biggest legal threat?
Taiwan’s 2nd-largest chipmaker begins mass producing silicon photonics wafers in Singapore
Markets trade negative as Middle East tensions threaten global energy supply
Oil hits nearly 1-month high above $85 amid US-Iran strikes, Hormuz blockade
Renewed US-Iran strikes bring Strait of Hormuz tanker traffic close to a halt
Only 2 tankers complete crossings in past 24 hours, while 2 LPG carriers approach critical energy waterway
China’s exports post stronger-than-expected 27% rise in June
SK hynix shares plunge record 15.4% in Seoul after Nasdaq debut
Global markets face selling pressure amid renewed geopolitical tensions
Türkiye’s exports to EU total $54.5B amid reshaping of supply chains in H1
Volkswagen CEO confirms up to 50,000 more jobs could be cut
SK hynix shares plunge record 15.4% in Seoul after Nasdaq debut
Global markets face selling pressure amid renewed geopolitical tensions
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Volkswagen CEO confirms up to 50,000 more jobs could be cut
Blume warns sweeping cost cuts needed if company cannot lower its significantly higher overhead expenses
13 July 2026
SK hynix shares plunge record 15.4% in Seoul after Nasdaq debut
Profit-taking, valuation uncertainty, increased share supply weigh on stock following strong US market debut
13 July 2026
Global markets face selling pressure amid renewed geopolitical tensions
Escalating US-Iran tensions and risks around Strait of Hormuz drive oil prices higher, lifting bond yields and weighing on global equities
13 July 2026
Taiwan chipmaker TSMC posts 36% jump in 1st-half revenue on strong AI chip demand
World's largest contract chipmaker reports strong 1st-half and June revenue growth as demand for advanced AI chips remains robust
13 July 2026
Oil prices jump nearly 5% as US-Iran strikes raise Hormuz fears
Benchmark crude climbs to around $80 per barrel after Iran announces indefinite closure of strategic waterway
13 July 2026
Oil rises, shipping in Strait of Hormuz slows after renewed US-Iran attacks
Brent crude climbs nearly 3.5% as vessel traffic through strategic waterway drops sharply following fresh military exchanges between US and Iran
13 July 2026
Syria to host 1st US business forum after sanctions eased
Event in Damascus to bring together officials and business leaders as economic ties begin to recover
13 July 2026
Laptops, smartphones, gaming consoles get costlier as AI fuels chip demand: Report
Consumers paying up to €200 more for memory as AI data centers squeeze chip supplies, Dutch media reports
11 July 2026
FACTBOX - SK Hynix overtakes Alibaba with largest US share sale by foreign company
South Korean chipmaker raises $26.5B through Nasdaq-listed American Depositary Shares
11 July 2026
IEA chief says Norway oil vital, urges EU to review Arctic drilling moratorium
Brussels should give policy 'very close look' because Norwegian production is vital for Europe's energy security, Fatih Birol adds
10 July 2026
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