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Japan PM Takaichi asked BOJ to buy more bonds when needed, Jiji reports

Japanese Prime Minister Sanae Takaichi asked the Bank of Japan to increase its purchases of government bonds whenever necessary, Jiji news agency reported on Tuesday. She made the request during a meeting with BOJ Governor Kazuo Ueda in May. The reported purpose was to restrain increases in long-term interest rates. The account attributes the information to Jiji’s report on the meeting.

Macro & central banks MarketsJapanSanae TakaichiBank of Japangovernment bonds

RReutersOriginal★★★☆☆2026-08-05 00:30

Japan PM Takaichi asked BOJ to buy more bonds when needed, Jiji reports

Bessent says he is sure BOJ chief Ueda will ‘do what is best’, NHK reports

U.S. Treasury Secretary Scott Bessent said he was confident that Bank of Japan Governor Kazuo Ueda would act in what he considers the best interest of Japan’s economy. Public broadcaster NHK reported the remarks on Wednesday. Bessent’s comment expressed trust in Ueda’s judgment regarding the country’s economic policy. No further policy action was specified.

Macro & central banksU.S. TreasuryBank of JapanJapan economy

RReutersOriginal★★★☆☆2026-08-05 00:10

Bessent says he is sure BOJ chief Ueda will ‘do what is best’, NHK reports

India Seeks Broader Electronics Tax Breaks in Win for Apple

India is seeking to expand tax incentives for foreign companies that supply machinery to domestic electronics manufacturers. The proposed extension would benefit companies such as Apple and Google. Both firms are increasing production in India, making the incentives a potential boost to their local manufacturing efforts. The move reflects efforts to support the country’s electronics industry while attracting more foreign participation.

Macro & central banks Companies & industry Tech & AIIndiaelectronics manufacturingtax incentivesAppleGoogle

BBloomberg NewsOriginal★★★☆☆2026-08-04 23:00

India Seeks Broader Electronics Tax Breaks in Win for Apple

Australia news live: Jetstar to charge for overhead baggage; Labor drops so-called ‘widow tax’

Jetstar is removing its carry-on weight limit but will charge passengers whose bags cannot fit beneath the seat. The Australian Labor government has also decided to abandon the so-called “widow tax” in the next stage of its tax reform program. The move follows sustained pressure from the opposition and crossbench lawmakers. The proposed changes concern negative gearing and capital gains taxation.

Macro & central banksAustraliaJetstarbaggage feestax reform

TThe GuardianOriginal★★★☆☆2026-08-04 21:26

Australia news live: Jetstar to charge for overhead baggage; Labor drops so-called ‘widow tax’

Why did the US economy slow down?

The US economy weakened more than expected, even though Americans did not stop spending. The slowdown therefore points to another cause behind the weaker performance. What really happened remains the central question.

Macro & central banks Companies & industryUS economyeconomic slowdownconsumer spending

AAl JazeeraOriginal★★★☆☆2026-08-04 18:17

Why did the US economy slow down?

World’s Biggest Hedge Fund Teaches the Wealthy How to Slash Taxes to Zero

Cliff Asness’s AQR is riding an anti-tax wave as it grows into the world’s biggest hedge fund. The firm is also teaching wealthy clients strategies aimed at reducing their tax bills to zero. The development links AQR’s expansion with a broader backlash against taxation. Its approach is presented as a way for affluent investors to sharply cut their tax burden.

Macro & central banks Marketshedge fundstax planningAQR

BBloomberg NewsOriginal★★☆☆☆2026-08-04 17:30

World’s Biggest Hedge Fund Teaches the Wealthy How to Slash Taxes to Zero

America’s labor market is beginning to find its footing again

The US labor market has spent a long period trapped in a “low-hire, low-fire” slowdown. It is now beginning to show signs of renewed activity. The emerging change suggests that hiring and labor-market movement may be starting to recover. The shift remains an early sign of life rather than a full transformation.

Macro & central banksUS economylabor marketemployment

CCNNOriginal★★★☆☆2026-08-04 17:01

America’s labor market is beginning to find its footing again

Blackstone Pitches Mega Debt Package for Anthropic Chip Deal

Blackstone Inc. has begun early talks with investors about their appetite for a second mega debt package. The proposed financing would support Anthropic PBC’s use of chips supplied by Alphabet Inc.’s Google. The discussions are exploratory and focus on gauging investor interest in funding the chip arrangement.

Macro & central banks Companies & industry Tech & AIBlackstoneAnthropicdebt financingGoogle chips

BBloomberg NewsOriginal★★☆☆☆2026-08-04 16:30

Blackstone Pitches Mega Debt Package for Anthropic Chip Deal

Prime Minister: Tourism should contribute at least 5% of Russia’s GDP by 2030

Russian Prime Minister Mikhail Mishustin says tourism’s contribution to the country’s gross domestic product should reach at least 5% by 2030. He says the tourism and hospitality industry has increased its contribution to Russia’s economy in recent years. By the end of 2025, that contribution had exceeded 3%.

Macro & central banks Companies & industryRussiatourismGDP

TTASSOriginal★★★☆☆2026-08-04 13:18

Prime Minister: Tourism should contribute at least 5% of Russia’s GDP by 2030

Most G7 nations spend more on debt servicing than defense, Bloomberg says

Bloomberg reports that debt-servicing costs exceed defense spending in most Group of Seven countries. Italy’s payments on its debt are nearly three times its defense budget, according to the agency. The United States spends more than twice as much on interest payments as it does on defense. The figures highlight the growing weight of debt costs relative to military expenditure across the G7.

Macro & central banksG7debt servicingdefense spending

TTASSOriginal★★★★☆2026-08-04 11:21

Most G7 nations spend more on debt servicing than defense, Bloomberg says

Why Israel’s economy hasn’t collapsed during a multi-front war

Israel’s economy has not collapsed despite the effects of a multi-front war. The report examines how the economy has defied the pressures created by the conflict.

Macro & central banksIsraeleconomymulti-front war

AAl JazeeraOriginal★★★☆☆2026-08-04 11:21

Why Israel’s economy hasn’t collapsed during a multi-front war

China’s services trade rises 8.3% in first half, knowledge-intensive exports top 50%

China’s services trade reached 3.78 trillion yuan, or about $526.4 billion, in the first half of 2026, according to data from the Ministry of Commerce. The figure was 8.3% higher than a year earlier. Knowledge-intensive exports accounted for more than half of services exports, highlighting their strong position within China’s services trade during the period.

Macro & central banks Trade & sanctionsChina economyservices tradeknowledge-intensive exports

CChina News ServiceOriginal★★★☆☆2026-08-04 08:53

China’s services trade rises 8.3% in first half, knowledge-intensive exports top 50%

China’s electronic information manufacturing revenue rises 18.5% in H1

China’s electronic information manufacturing industry maintained strong momentum during the first half of 2026. Revenue increased by 18.5 percent over the period, according to data released by the Ministry of Industry and Information Technology. The figures point to continued growth in this part of China’s industrial sector.

Macro & central banks Companies & industryChina economyelectronic information manufacturingindustrial growth

CChina News ServiceOriginal★★★☆☆2026-08-04 08:11

China’s electronic information manufacturing revenue rises 18.5% in H1

China’s gross ocean product reaches 5.5 trillion yuan in first half, up 5.1%

China’s marine economy maintained steady growth during the first half of 2026. The Ministry of Natural Resources said on Monday that gross ocean product reached 5.5 trillion yuan in the period. The figure represented a 5.1% increase, indicating continued expansion in the country’s ocean-related economic activity.

Macro & central banks MarketsChina economymarine economygross ocean product

CChina News ServiceOriginal★★★☆☆2026-08-04 06:01

China’s gross ocean product reaches 5.5 trillion yuan in first half, up 5.1%

Vietnam posts trade deficit for eighth straight month

Official government figures released on Monday showed Vietnam’s trade deficit widened in July. The result extended the country’s run of monthly trade shortfalls to eight consecutive months. The latest data point to continued pressure on Vietnam’s external trade balance.

Macro & central banks Trade & sanctionsVietnamtrade deficitforeign trade

CChina News ServiceOriginal★★★☆☆2026-08-04 03:23

Vietnam posts trade deficit for eighth straight month

Moscow transfers 68% of taxes and fees to federal budget, mayor says

Moscow Mayor Sergey Sobyanin says the capital transfers 68% of its taxes and fees to the federal budget. He says Moscow is able to secure its own development while also generating resources to support other regions of the country. Sobyanin’s remarks present the city as contributing substantially to national finances and interregional assistance.

Macro & central banksMoscowfederal budgettaxesregional support

TTASSOriginal★★★☆☆2026-08-04 02:36

Moscow transfers 68% of taxes and fees to federal budget, mayor says

Petrol prices strain US households as Chevron, Exxon profits soar

Rising petrol prices are putting greater pressure on households across the United States. Low-income families are bearing the heaviest burden, spending more than 10 percent of their monthly income on petrol. At the same time, oil giants Chevron and Exxon are reporting sharply higher profits, highlighting the contrast between household costs and major energy companies’ earnings.

Macro & central banks Energy & commodities Companies & industrypetrol pricesUS economyChevronExxon

AAl JazeeraOriginal★★★☆☆2026-08-03 23:02

Petrol prices strain US households as Chevron, Exxon profits soar

No More ‘Shop Till You Drop’: Why Chinese Consumers Are Saving Instead

Chinese consumers are cutting back on shopping and living more frugally. The government has introduced measures to stimulate spending, including consumer subsidies and a five-year plan to expand consumption. Yet these policies appear not to have produced the results Beijing expected. The slowdown may be temporary, or it may point to deeper structural problems in China’s consumer economy.

Macro & central banks Companies & industryChina economyconsumer spendingsubsidies

BBBC ChineseOriginal★★★☆☆2026-08-03 14:08

No More ‘Shop Till You Drop’: Why Chinese Consumers Are Saving Instead

Russia’s manufacturing PMI rises to 50.7 in July

Russia’s manufacturing Purchasing Managers’ Index climbed to 50.7 in July. The survey recorded a second straight month of growth in total new sales. It also found that the pace of expansion accelerated during the month. Growth reached its fastest rate since May 2025. The figures point to stronger momentum in the manufacturing sector.

Macro & central banks Companies & industryRussiamanufacturingPMI

TTASSOriginal★★★☆☆2026-08-03 13:41

Russia’s manufacturing PMI rises to 50.7 in July

CGTN poll: Over 80% say China’s summer economy is driving growth

A CGTN poll finds that more than 80% of respondents view China’s summer economy as a source of growth. Overseas tourists are flocking to Chinese cities, while the “China Travel” trend has gone viral on social media. Demand abroad for cooling products made in China is also surging. Together, these developments have again put China’s summer consumption in the global spotlight.

Macro & central banks Companies & industryChina economysummer consumptionoverseas tourismChinese manufacturing

CCGTNOriginal★★★☆☆2026-08-03 11:21

CGTN poll: Over 80% say China’s summer economy is driving growth

India to expand export basket to Russia by end of fiscal year — FIEO

India plans to broaden the range of goods it exports to Russia by the end of the fiscal year, according to FIEO. New opportunities are emerging in processed and ready-to-eat foods. Beverages, tea, coffee and spices are also identified as areas with growing potential. The initiative points to an effort to diversify India’s export offerings in the Russian market.

Macro & central banks Trade & sanctionsIndiaRussiaexportsfood products

TTASSOriginal★★★☆☆2026-08-03 10:43

India to expand export basket to Russia by end of fiscal year — FIEO

Russia emerges as one of the most promising markets for Indian exports — FIEO
Russia has emerged as one of the most promising destinations for Indian exports, according to FIEO President Subhash Chander Ralhan. He said shifting supply chains and changing geopolitical conditions are opening new possibilities. Russia’s drive to diversify its sourcing is also creating fresh opportunities for Indian businesses. The assessment points to expanding trade prospects between the two markets.
Indian exportsRussia marketsupply chainsgeopolitics
TTASS★★☆☆☆2026-08-03 07:17Original

Yen reaches three-month high after Trump helps bolster currency

The yen has risen to its strongest level in three months after Japan and the United States confirmed a rare joint intervention. The operation, carried out late last week, was intended to support Japan’s currency. On Monday, the yen strengthened to ¥155 against the US dollar, its highest point since early May. The development has also prompted questions over why Trump stepped in to help prop up the yen.

Macro & central banks Marketsyencurrency interventionJapan economyUnited States

TThe GuardianOriginal★★★★☆2026-08-03 08:34

Yen reaches three-month high after Trump helps bolster currency

US and Japan take rare joint action in currency market to prevent yen hitting 40-year low
The United States and Japan have unusually joined forces to intervene in the foreign-exchange market. Their stated aim is to prevent the Japanese yen from falling to a 40-year low. Both countries say they would not hesitate to carry out another coordinated intervention if necessary in the future.
US-Japan relationsJapanese yencurrency intervention
BBBC Chinese★★★★☆2026-08-03 03:46Original
US and Japan reveal coordinated intervention, hint at possible repeat as dollar weakens and yen strengthens
The US and Japanese finance ministers have disclosed that coordinated intervention was carried out and suggested it could be repeated in the future. The announcement triggered sharp moves across Tokyo markets on the 3rd. Foreign exchange, stocks and bonds all swung significantly. The dollar weakened while the yen strengthened, briefly reaching the lower 155-yen range per dollar.
US-Japan interventionforeign exchangeJapanese yenfinancial markets
TToyo Keizai★★★★☆2026-08-03 02:45Original
US and Japan take rare joint action to prop up yen
The United States and Japan have taken a rare joint step to support the yen. Both countries say they will not hesitate to carry out coordinated interventions again in the future. The move signals a willingness to act together when needed to bolster the Japanese currency.
United StatesJapanyencoordinated intervention
BBBC News★★★★☆2026-08-03 02:43Original
Japan and US confirm rare joint intervention to prop up yen
Japan and the United States have confirmed a rare joint intervention aimed at supporting the yen. US President Donald Trump said that helping strengthen the Japanese currency represents a sign of friendship. The intervention highlights coordinated action between the two countries to bolster Japan’s currency.
JapanUnited Statesyencurrency intervention
AAl Jazeera★★★★☆2026-08-03 01:34Original
Trump says US backed Japanese yen in rare currency intervention
President Donald Trump said Sunday that the United States had intervened to support the Japanese yen. He characterized the move as a “signal of friendship” and said it would benefit both the American and global economies. The Financial Times reported that Washington and Tokyo had jointly backed the yen for the first time in nearly three decades. The account described the action as a rare currency intervention involving the two countries.
Donald TrumpJapanese yencurrency interventionUS-Japan
FFrance 24★★★★☆2026-08-02 23:19Original

Australian house prices slide as Middle East conflict and tax changes take hold

Australia’s housing downturn is spreading beyond individual markets. New Cotality figures show prices falling in Brisbane, Adelaide and Perth. Values have declined across most of the country since May. The national median price is now about $19,000 below its peak in March, as the Middle East conflict and tax changes begin to weigh on the market.

Macro & central banks Real EstateAustralia house pricesproperty marketMiddle East conflicttax changes

TThe GuardianOriginal★★★☆☆2026-08-02 14:01

Australian house prices slide as Middle East conflict and tax changes take hold

OPEC+ Monitoring Committee concerned over attacks on global energy infrastructure

The OPEC+ Monitoring Committee expressed concern about attacks targeting energy infrastructure around the world. It also reviewed the current state of the market. The committee stressed that the Declaration of Cooperation remains essential to supporting stability in global energy markets. Its comments link the security concerns with the continuing importance of coordinated cooperation among participating producers.

Macro & central banks Energy & commoditiesOPEC+energy infrastructureglobal energy markets

TTASSOriginal★★★★☆2026-08-02 13:44

OPEC+ Monitoring Committee concerned over attacks on global energy infrastructure

USCBC president: US companies recognize China’s economic strengths

Sean Stein, president of the US-China Business Council, said US companies recognize the strengths of China’s economy and innovation system. He said these companies are seeking partnerships with Chinese firms. The aim, according to Stein, is to strengthen their competitiveness. He made the remarks on Friday.

Macro & central banks Trade & sanctions Companies & industryUS-China tradeChina economyinnovationbusiness partnerships

CCGTNOriginal★★☆☆☆2026-08-02 01:26

USCBC president: US companies recognize China’s economic strengths

Growing like ‘gangbusters’: Can Taiwan sustain its economic momentum?

Taiwan’s economy is expanding at a striking pace, powered by US imports of artificial intelligence chips. The surge has lifted gross domestic product and strengthened the island’s momentum. Experts caution, however, that potential difficulties could emerge from Donald Trump and China. The durability of Taiwan’s growth therefore remains a concern.

Macro & central banks Trade & sanctions Tech & AITaiwan economyAI chipsUS tradeChina

AAl JazeeraOriginal★★★☆☆2026-08-01 23:15

Growing like ‘gangbusters’: Can Taiwan sustain its economic momentum?

Innovation seen as key growth engine in first half of 2026

Innovation is being viewed as a key engine for growth in the first half of 2026. The assessment places innovation at the center of the period’s economic expansion. It highlights the role of new ideas and development in sustaining growth. No further details are provided.

Macro & central banksinnovationeconomic growthfirst half of 2026

CCGTNOriginal★★☆☆☆2026-08-01 10:55

Innovation seen as key growth engine in first half of 2026

Germany weighs the future of minijobs

Germany’s widely used minijob system allows millions of workers, including students, to avoid income tax and social security contributions. A reform is now being considered that could change this arrangement. If adopted, it may soon remove the financial advantage currently associated with minijobs. The debate puts the future of the system in focus.

Macro & central banksGermanyminijobstax policysocial security

DDWOriginal★★★☆☆2026-08-01 08:49

Germany weighs the future of minijobs

Ukraine’s total expenditures in 2026 to reach $176.8 billion

Ukraine’s total spending for 2026 is projected to reach $176.8 billion. The actual level of expenditure is nearing the country’s overall gross domestic product, according to the report.

Macro & central banksUkrainegovernment spendingGDP

TTASSOriginal★★★☆☆2026-08-01 06:46

Ukraine’s total expenditures in 2026 to reach $176.8 billion

ECB official warns climate crisis is growing threat to ‘core financial stability’

Frank Elderson, a member of the European Central Bank’s executive board, says the climate emergency and the breakdown of nature are posing a dramatically increasing risk to the global economy. As wildfires rage, he says the eurozone’s lender of last resort is intensifying its monitoring of financial dangers linked to the destruction of “ecosystem services”. These are nature-related processes or assets that support human activity. Elderson adds that more work is needed to assess the risks.

Macro & central banksclimate crisisfinancial stabilityEuropean Central Bankecosystem services

TThe GuardianOriginal★★★★☆2026-08-01 04:00

ECB official warns climate crisis is growing threat to ‘core financial stability’

Petrol prices set to exceed $2 a litre as Bowen signals end of fuel relief

Petrol prices have risen above $1.90 a litre in every Australian capital city. Diesel is forecast to pass $2.40 a litre within days. The government’s 16-cent-per-litre discount is due to end on Sunday. The fuel-excise reduction was introduced at 32 cents a litre in March, when prices peaked, before being cut in half in July. Treasurer Jim Bowen has signalled that the relief will not continue, setting the stage for higher costs at the pump.

Macro & central banks Energy & commoditiesAustraliapetrol pricesfuel excisecost of living

TThe GuardianOriginal★★★☆☆2026-08-01 02:22

Petrol prices set to exceed $2 a litre as Bowen signals end of fuel relief

Adani to pay no company tax despite nearly $1bn in Queensland coal revenue

Indian conglomerate Adani generated almost $1bn from its Queensland coal operations over the past year but will pay no company tax. Accounts show the Carmichael thermal coal business offset $963.5m in revenue with substantial production and related-party logistics costs. The company consequently reported a $340.6m loss for the year, wiping out its tax liability. Adani had previously promised to contribute billions through taxes and royalties.

Macro & central banks Energy & commodities Companies & industryAdaniCarmichael coal minecompany taxQueensland

TThe GuardianOriginal★★★☆☆2026-08-01 00:00

Adani to pay no company tax despite nearly $1bn in Queensland coal revenue