US Fed official says bank should be ready to cut rates

A key US Federal Reserve official said Friday that central bank policymakers should be ready to lower interest rates further, citing “fragility” in the jobs market.
18 January 2026, 00:00 AM

Copper’s surge offers false hope for miners

Mining bosses like BHP’s Mike Henry should, in theory, be digging right now. Copper prices have surged 50 percent over the past year,
18 January 2026, 00:00 AM

China, Canada reach ‘landmark’ deal on tariffs, visas

Canada’s Prime Minister Mark Carney and Chinese President Xi Jinping agreed on a raft of measures from trade to tourism on Friday at the first meeting between the countries’ leaders in Beijing in eight years.
18 January 2026, 00:00 AM

Oil prices settle up as US begins holiday weekend

Oil prices settled higher on Friday as some investors covered short positions ahead of the three-day Martin Luther King holiday weekend in the US and lingering worries about a possible US military strike against Iran.
18 January 2026, 00:00 AM

OpenAI introducing ads to ChatGPT

OpenAI announced Friday it will begin testing advertisements on ChatGPT in the coming weeks, as the wildly popular artificial intelligence chatbot seeks to increase revenue to cover its soaring costs.
18 January 2026, 00:00 AM

US dollar gains

The dollar gained on Friday after US President Donald Trump praised economic adviser Kevin Hassett at ​a White House event and said he may want to keep him in his current role, prompting speculation he is less likely ‌to be named as chair of the Federal Reserve.
18 January 2026, 00:00 AM

Gold falls over 1%

Gold fell more than 1 percent on Friday as investors booked profits after recent record highs, while signs of easing geopolitical tensions further dampened the metal’s safe-haven appeal.
18 January 2026, 00:00 AM

India looks to finalise ‘mother of all deals’ with EU

A trade deal between India and the European Union will be the “mother of all deals”, Delhi’s Commerce Minister said on Friday, as both sides seek to overcome the final sticking points.
18 January 2026, 00:00 AM
17 January 2026, 12:56 PM

China, Canada reach 'landmark' deal on tariffs, visas

Under the deal, China is expected to reduce tariffs on canola products by March 1 to around 15 percent
17 January 2026, 12:48 PM

Gold slips

Gold slipped on Thursday as investors booked ‌profits after the yellow metal hit a record in the previous session, while an apparent softer tone from US President Donald Trump on the Federal Reserve chair and Iran also dampened safe-haven demand.
16 January 2026, 00:00 AM

Oil slides over 3%

Oil prices slid more than 3 percent on Thursday after US President Donald Trump said killings in Iran’s crackdown on nationwide protests were stopping, tempering concern over military action against Iran and supply disruption.
16 January 2026, 00:00 AM

Trump backs Venezuela staying in OPEC

President Donald Trump said on Wednesday that he believes it would be better for Venezuela to remain in the Organization of the Petroleum Exporting Countries, or OPEC, but added he was unsure if that would be a better situation for the United States.
16 January 2026, 00:00 AM

Lower-income US consumers increasingly ‘price sensitive’: Fed

US consumers in lower income groups are becoming more sensitive to prices when making spending decisions, showing reluctance to fork out for non-essentials, the Federal Reserve said in a report on Wednesday.
16 January 2026, 00:00 AM

India’s rice exports to top buyer Iran stall

India’s basmati rice exports ​to Iran have slowed to a near standstill amid the protests gripping the Gulf ‌country, with suppliers wary of new deals due to the risk of non-payment and potential additional US tariffs, trade officials said.
16 January 2026, 00:00 AM

China wields a steadier blade over tech giants

China’s market watchdogs have a new target: online travel agent Trip.com. Following investigations into Alibaba and Meituan five years ago that shook investor faith in the country’s tech sector, the State Administration for Market Regulation on Wednesday announcedit is probing the New York- and Hong Kong-listed firm led by Jane Sun for monopolistic behaviour, erasing some $8 billion, or 17 percent, from its market capitalisation.
16 January 2026, 00:00 AM

Lower-income US consumers increasingly 'price sensitive': Fed

Some parts of the country reported that "spending was stronger among higher-income consumers,"
15 January 2026, 16:47 PM

Oil plunges after Trump's Iran comments, Asian markets mixed

Oil prices dropped three percent after Trump said Wednesday he would "watch it and see" on possible intervention in the Islamic republic"
15 January 2026, 14:24 PM

Trump backs Venezuela staying in OPEC

US control of the Venezuelan oil industry and future investment to boost capacity could put Caracas at odds with other OPEC members
15 January 2026, 13:07 PM

Trump says no critical minerals tariffs for now, will seek overseas supplies

The move defers a decision on duties that could further roil the US economy
15 January 2026, 12:25 PM