Average monthly crude oil prices dropped to below $65 per barrel in May 2025, one of the lowest since April 2021. Following an 8.1% increase in January 2025, WTI prices declined for three consecutive…

Financial centres are a core pillar of the modern economy, channelling capital, facilitating trade, and driving innovation across the world.The 37th edition of the Global Financial Centres Index …

India-Pakistan tensions reached a fever pitch after a 22 April attack in Pahalgam, a town in Indian-controlled Kashmir, a disputed region divided by a de facto border called the Line of Control. The…

Industrial production witnessed a significant decline in all countries at the onset of the COVID-19 pandemic. The recovery paths, however, varied remarkably. Production has soared in China, but it…

The International Monetary Fund (IMF) has given the US economic growth forecast its biggest downgrade among advanced economies for this year, citing uncertainty caused by trade tariffs imposed by US…

In response to US President Donald Trump's so-called "Liberation Day" tariffs in early April, which have since imposed levies on China of up to 245%, Beijing imposed export controls on seven key…

US President Donald Trump recently said that he is exploring possible temporary exemptions to his tariffs on imported vehicles and parts to give auto companies, which are switching to parts that were…

Days after US president Donald Trump’s administration unveiled the sharpest ever escalation in American tariffs going back 200 years, Chair of the US Federal Reserve Jerome Powell said that tariffs…

Four financial giants, BlackRock, Vanguard, Charles Schwab, and State Street, have emerged as the silent powers behind many of the world's largest companies. These firms control around $32tn in…

Military airpower has been used in warfare since the early 20th century, serving as a critical tool for armed forces. While the number of aircraft in an air force doesn't necessarily indicate how…