Sberbank Sees Further Rate Cuts, Slightly Stronger Growth Despite Ukrainian Strikes
Sberbank forecasts Russia's key rate at 13.5% by year-end and raises its 2026 growth outlook to 0.4%, citing strong demand despite Ukrainian attacks.
Economy
France's Q2 Growth Revised to Zero, Clouding 2025 Outlook
France's economy stagnated in Q2, revised down from 0.2%, as heatwaves and drought hit agriculture, threatening fiscal goals.
France's maize crop rating sinks to lowest in 15 years
France's grain maize crop condition fell to its worst level in at least 15 years, as a hot, dry summer continues to damage the EU's largest producer.
France's Economy Flat in Q2, Missing Growth Forecasts
France's GDP was unchanged in Q2, missing forecasts of 0.2% growth. Exports surged 2.9% but household spending and external shocks kept growth flat.
Global Markets Brace for a Busy Week: G20, US Jobs, and Rate Decisions
A G20 summit, US jobs data, and central bank meetings in New Zealand and Canada are set to drive global markets next week.
Sweden's Economy Outperforms Forecasts in Q2 as Consumer Mood Brightens
Sweden's GDP grew 1.6% in Q2 2026, beating forecasts, as consumer confidence returned to normal levels.
US in Talks for Venezuela Oil Stake; Trump Renames Lake Ontario
US negotiates stake in Venezuelan oil fields; Trump renames Lake Ontario to 'Lake America' amid Canada trade spat.
S&P Keeps China at A+; Sees 4% Growth on Fiscal Support
S&P affirmed China's A+ rating with a stable outlook, projecting 4%+ growth, while flagging domestic demand weakness.
Warsh Faces Jackson Hole Test as Inflation Debate Intensifies
Fed Chair Kevin Warsh's Jackson Hole speech is a key test of his policy communication style as colleagues debate the need for rate hikes.
Global Business Watch: EU Trade Tensions, Google Settlement, and Political Maneuvers
EU protectionism strains ties with neighbors; Google settles UK lawsuit; Le Pen courts business leaders; UK regulator probes law firm.
German Industry Urges Merz to Confront China's Trade Practices
German industry is pressing Chancellor Merz for a tougher China policy as the trade deficit hits €89.3 billion, citing unfair subsidies and competition.
Vietnam pushes Qualcomm, Samsung for deeper AI and chip investments
Vietnam's leaders have asked Qualcomm and Samsung to expand AI, semiconductor, and R&D investments as the country pursues a tech-driven growth model.
Japan's Finance Minister Heads to G20 as Yen Weakness Lingers
Japan's finance minister will attend the G20 in Asheville. Markets watch for yen discussions after last month's joint intervention.
Quebec Election Campaign Opens With Trump Cast as the Main Foe
Quebec's election campaign begins with the governing party targeting Trump's tariffs and annexation talk as the central issue.
Lula Downplays Debt Worries, Defends Son in TV Interview
Brazil's Lula says public debt isn't a concern, citing growth and surplus; defends son amid investigation.
Tokyo Inflation Accelerates, Strengthening Case for BOJ Rate Hike
Tokyo's core inflation accelerated for a third straight month in August, reinforcing market expectations of a Bank of Japan rate hike at its September meeting.
Qatar Urges Iran to Reopen Hormuz as Tehran Drafts Conditions
Iran says it will prepare conditions for reopening the Strait of Hormuz after Qatari pressure, while the US keeps up sanctions and mine-clearing.
Japan targets ¥40 trillion bond issuance cap for FY2027
Japan aims to cap new bond issuance at ¥40 trillion for FY2027, PM Takaichi says, citing higher tax revenues.
Gold Steady as Markets Await Fed Chair's Jackson Hole Address
Gold prices dipped slightly in Asian trade as investors awaited Fed Chair Kevin Warsh's speech at Jackson Hole, with rate hike expectations in focus.
Air New Zealand trims annual loss as engine crisis eases
Air New Zealand's annual pretax loss narrowed to NZ$336 million, beating forecasts, as engine disruption eases.