Germany to deepen global partnerships regardless of Trump, says Klingbeil
German Finance Minister Lars Klingbeil said many countries want closer ties with Germany and Berlin should pursue those openings without being swayed by Donald Trump.
Economy
Xi's Washington Visit to Feature Chinese Business Delegation
Washington and Beijing are finalising a Chinese business delegation for Xi Jinping's September 24 visit, with BYD, CATL, Xiaomi and others under consideration.
Japan Ready to Act Again on Yen, Finance Minister Katayama Says
Japan's finance minister says Tokyo will not hesitate to carry out further coordinated foreign exchange intervention and will stay in close touch with overseas authorities.
Hormuz shock exposes refining, inventory gaps as energy buffers erode
Global oil buffers cushioned the Strait of Hormuz disruption, but shrinking inventories and strained refining capacity are emerging as key vulnerabilities, a McKinsey report says.
Bank of Japan Lifts Rates to 31-Year High, Signals Policy Shift
The Bank of Japan raised its policy rate to 1.25% from 1%, a 31-year high, as it warned of broadening price pressures and a risk of inflation overshooting its 2% target.
Iran Strikes Oil Tanker in Strait of Hormuz; South Korea Weighs Naval Expansion
Iran says it struck a Togo-flagged tanker in the Strait of Hormuz, while South Korea weighs expanding its Gulf of Aden naval mission without joining the U.S.-Iran conflict.
Harworth Board Rejects Peel's Sweetened £599.77 Million Takeover Bid
Harworth Group has turned down a sweetened £599.77 million takeover offer from its largest shareholder, Peel Holdings, citing undervaluation.
Saudi Arabia to ship 60 million barrels from Ras Tanura via Oman's Sohar
Saudi Arabia has sold about 60 million barrels of crude from Ras Tanura for ship-to-ship transfer at Oman's Sohar port in September and October, cooling oil prices.
Japan refiners say crude supply sufficient through November
Japan's refiners have enough crude through November, the Petroleum Association of Japan said, as Saudi shipments continue via transfers outside the Strait of Hormuz.
Portugal Approves €800 Million Pension Bonus and Income Tax Cuts
Portugal's government has approved an €800 million package combining a one-off pension supplement and personal income tax cuts, retroactive to January.
ECB's Vujcic Cautions Against Energy-Led Rate Hike Bets
ECB Vice President Boris Vujcic says market bets on rate hikes are driven mainly by energy prices, but policymakers will weigh a wider set of data.
AI threatens management education's core, CEA urges B-schools to teach judgement
CEA V. Anantha Nageswaran told the Indian Management Conclave that AI could be management education's biggest challenge, urging B-schools to prioritise judgement over technique.
Kumaraswamy Stresses Inclusive, Affordable Shift to Electric Mobility
Union Minister H.D. Kumaraswamy called for an inclusive and economically sustainable transition to electric mobility at an interaction with EV beneficiaries and distributors in New Delhi.
Kauai Businesses Urge Tourists to Return as Recovery From Hurricane Lowell Continues
Kauai small businesses, hit hard by Hurricane Lowell, are asking tourists to return with patience and aloha as recovery continues and thousands remain without power.
Mayawati calls UPI merchant fee 'capitalist profiteering', warns of burden on public
BSP chief Mayawati criticised the Centre's 0.4% fee on UPI merchant transfers above ₹2,000 from October 15, calling it a burden on the public.
China's August refined fuel exports jump 12.7% as jet fuel hits record high
China's refined fuel exports rose 12.7% year-on-year in August, with jet fuel hitting a monthly record, as export controls were eased.
Venezuela Close to Deal Moving $4 Billion Gold Reserve to New York
Venezuela's government and opposition are nearing an agreement to transfer about $4 billion in central bank gold reserves from the Bank of England to the Federal Reserve Bank of New York.
Russia's Wartime Economy Shows Strain as Debt and Military Spending Mount
Russia's wartime economy faces growing strain from ballooning military spending, rising debt and gloomy consumers, though economists see no imminent collapse.
Australia's Immigration Crackdown Threatens Wheat Harvest, Farm Groups Warn
Australian farm groups warn that tighter immigration rules, including longer working holiday visa processing, risk labour shortages during the upcoming wheat harvest.
Ladakh's Twin Flower Fields Open to Visitors at 10,600 Feet
Ladakh's twin flower fields at Choglamsar and Stakna, with over 25 lakh blooms at 10,600 feet, open to visitors on September 18.