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In a first, China posts a trillion-dollar trade surplus — despite Trump tariffs
9+ mon, 5+ day ago (532+ words) China closed November with a major milestone, posting an annual trade surplus above $1 trillion for the first time. According to reports citing official data released on Monday shows that strong exports to markets outside the United States more than offset…...
Zero income, luxury lifestyle: Can Pakistan fix its broken tax system?
11+ mon, 2+ week ago (1375+ words) Pakistan’s tax system is facing criticism as authorities grapple with a stark contradiction: millions of citizens filing income tax returns that report no earnings, while openly displaying immense wealth through luxury homes, high-end vehicles, expensive weddings, branded shopping, and frequent…...
Making sense of the data this week: What the numbers are really telling us
7+ mon, 3+ week ago (813+ words) The week that just unfolded was not an ordinary data week. It was a deluge—a barrage of economic releases and reports from across the world that offered a rare, real-time snapshot of where the global economy stands in 2026. More…...
Jackson Hole 2026: Why Kevin Warsh’s first speech matters for markets
2+ week, 5+ day ago (869+ words) From inflation and interest rates to financial innovation, Fed Chair Kevin Warsh’s first Jackson Hole address could shape market expectations far beyond the Wyoming mountains. The annual Jackson Hole Economic Policy Symposium returns on August 27–29, bringing together central bankers, economists…...
US Q3 GDP likely at 3.5% as economy shows resilience after longest government shutdown
8+ mon, 3+ week ago (515+ words) The longest-ever US government shutdown, stretching over 43 days and leaving nearly 1.4 million federal workers in limbo, has cast a long shadow over America’s macroeconomic data. Economists have been scrutinising delayed datasets with scepticism, warning that recent numbers may have “more…...
Fed Governor Stephen Miran to resign as Kevin Warsh prepares to take over as Fed chair
3+ mon, 4+ week ago (537+ words) Search news or ask a question Federal Reserve Governor Stephen Miran said on Thursday he will resign from the central bank’s board on or shortly before Kevin Warsh is sworn in as the next chair of the US Federal Reserve,…...
Indians bought so much gold and silver, it skewed India's trade math
9+ mon, 3+ week ago (407+ words) Indians snapped up record quantities of gold and silver in October, sending precious-metal imports soaring and sharply widening the country’s trade deficit. Gold imports rose threefold to $14.7 billion in October from $4.2 billion a year earlier, while silver imports increased six…...
Floods ravages Pakistan, IMF to review impact on economic bailout conditions
11+ mon, 2+ week ago (531+ words) Massive floods in Pakistan have struck both the rural heartland and industrial centres for the first time in decades, causing billions of dollars in damage while straining food supplies, exports and a fragile economic recovery. The government had been optimistic…...
Warsh’s ‘watchful thinking’: What the new Fed era means for India, rupee and markets
3+ week, 5+ day ago (432+ words) A cautious US Federal Reserve under Kevin Warsh could keep global rates higher for longer, shaping the outlook for the rupee, Indian equities, bonds and foreign flows. The US Federal Reserve’s new “watchful thinking” approach under Chair Kevin Warsh could…...
US and China hold ‘very constructive’ trade talks ahead of high-stakes Trump–Xi meeting
10+ mon, 2+ week ago (421+ words) The United States and China held “very constructive” trade discussions in Malaysia on Saturday, a US Treasury spokesperson said, as President Donald Trump headed for Asia and high-stakes trade talks with Chinese counterpart Xi Jinping, saying that he would also…...