ADB cuts Asia Pacific 2026 growth forecast to 4.9%
The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The bank cited prolonged global energy disruption and...
Tag : energy prices
Nikkei falls as caution returns to Tokyo stocks
TOKYO: Japan’s Nikkei share average fell on Thursday as investors pulled back after a powerful relief rally, with renewed concern over Middle East tensions and higher oil prices...
EU plans gas law extension and target reduction
The European Parliament’s Industry, Research and Energy Committee has adopted a draft law to extend and revise the European Union’s gas storage framework, introducing more...
UK inflation rises to 3% in January, surpassing expectations
The United Kingdom's inflation rate rose to 3% in January, surpassing analyst expectations of 2.8%, according to data released by the Office for National Statistics...
US inflation persists as Trump’s tariff threats add economic concerns
Inflation in the United States remained persistent in December, with a key gauge monitored by the Federal Reserve rising 2.6% year-over-year, up from 2.4% in...
Natural gas prices surge 20 percent on forecast for colder January
Natural gas futures surged as much as 20% on Monday, reaching their highest levels in nearly a year, as updated weather forecasts predicted a colder-than-usual...
New York, L.A., and San Francisco among the world’s most expensive
In the latest revelations from the Economist Intelligence Unit's (EIU) Worldwide Cost of Living report for 2023, an intriguing trend has emerged: the United States...
European Union sees trade surplus after six quarters of deficit
After a string of six quarters in the red, the European Union's trade balance has swung back into surplus, largely attributed to a dip in...