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The Business Standard

Friday
October 02, 2026

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FRIDAY, OCTOBER 02, 2026

global economy

World+BizUSAAsiaSouth AsiaMiddle EastChinaEurope
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global economy

World+BizUSAAsia
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    • South Asia
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A person shops for groceries in New York City, US, on Wednesday (26 August 2026). Photo: Reuters

US inflation rises less than expected in August; consumer spending surges

Prices are still climbing, but Wall Street sees less heat than feared.

A teller counts US dollar banknotes at a money changer in Jakarta, Indonesia, on 9 April 2025. Photo: Reuters

Dollar keeps climbing as oil, US yields stay high; jobs data looms

The fruits and vegetables section is seen at a supermarket in Ottawa, Canada, on 13 July, 2022. Photo: REUTERS/Patrick Doyle

Canada's economic growth unchanged in July, August likely to expand 0.2%

Iran’s currency hits record low as war weighs on economy. Photo: Collected

Iran's currency hits record low as war weighs on economy

Representational image. File Photo: Reuters

Dollar holds firm as US-Iran tensions lift oil, hawkish Fed bets build

A man wearing a face mask is seen inside the Shanghai Stock Exchange building, as the country is hit by a novel coronavirus outbreak, at the Pudong financial district in Shanghai, China February 28, 2020.  REUTERS/Aly Song

Asian shares mixed as investors watch oil prices, US bonds and currencies

A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. Photo: REUTERS/Eli Hartman/File Photo

Oil holds near two-week lows while diesel cracks hit record peak


Industrial facilities of the PCK oil refinery are pictured in Schwedt/Oder, Germany, May 9, 2022. The company receives crude oil from Russia via the 'Friendship' pipeline. REUTERS/Hannibal Hanschke

Saudi Arabia cancels oil shipments to European refineries after attacks

Oil tankers pass through the Strait of Hormuz. Photo: Reuters

Rising fuel prices fuel protests as US-Iran war squeezes global energy supplies

OpenAI logo is seen in this illustration created on 11 June 2026. Photo: Reuters

AI-linked stocks slump after top lab CEOs call for slowing technology's development

The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, US November 24, 2019. Photo: REUTERS/Angus Mordant/File Photo

Oil prices jump more than 3% after new strikes on Saudi Arabia, Strait of Hormuz

US President Donald Trump meets with Canadian Prime Minister Mark Carney in the Oval Office at the White House in Washington, DC, US, May 6, 2025. Photo: REUTERS/Leah Millis/File Photo

Trump hits Canada with import bans, 50% tariffs

A cargo ship with containers docks at a terminal of the Yantian port in Shenzhen, Guangdong province, China October 30, 2025. Photo: REUTERS/Tingshu Wang/File Photo

China's trade booms as focus turns to expected Trump-Xi summit

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