Trump-Xi Meeting Focuses on Trade, AI and Iran as US-China Rivalry Continues

U.S. President Donald Trump and Chinese President Xi Jinping met in Washington as the world’s two largest economies attempt to stabilize relations while remaining deeply divided over trade, artificial intelligence, advanced technology and geopolitical issues including Iran and Taiwan. U.S. President Donald Trump and Chinese President Xi Jinping met in Washington this week for another…

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Iran-UAE Tensions Escalate as Strait of Hormuz Crisis Threatens Global Energy Markets

The Middle East is facing another sharp escalation as tensions between Iran and the United Arab Emirates (UAE) intensify, adding a new layer of uncertainty to an already dangerous conflict involving Iran, the United States and Israel. On August 18, the UAE said it had detected two ballistic missiles launched from Iran toward maritime traffic….

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Global Inflation Likely to Stay High in 2026 Despite AI Boom, Economists Warn

The global economy is expected to face another challenging year as inflation remains stubbornly high across many countries, according to a recent Reuters survey of nearly 500 economists. While rapid investments in artificial intelligence (AI) are supporting growth in a few major economies, rising energy costs, geopolitical tensions, and higher borrowing costs continue to weigh…

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Africa Faces Up to $20 Billion Economic Threat as ‘Super’ El Niño Looms

Africa is preparing for what experts describe as one of the most severe climate challenges in recent years, as forecasts indicate that a powerful “Super” El Niño weather event could strike parts of the continent in the coming months. According to the African Development Bank (AfDB), the phenomenon could result in economic losses of up…

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Record-Breaking El Niño Raises Global Alarm Over Extreme Weather and Economic Risks

Scientists are warning that the ongoing 2026 El Niño could become the strongest ever recorded, raising concerns about a surge in extreme weather events, rising global temperatures, food insecurity, and economic disruption across multiple continents. New climate model analyses indicate that sea surface temperatures in the central Pacific Ocean are increasing at an unprecedented rate,…

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Singapore Takes Center Stage as Global Leaders Gather to Shape Asia’s Economic Future

Singapore is once again emerging as the focal point of the global business community as policymakers, CEOs, investors, economists, and technology leaders prepare to gather for the Reuters NEXT Asia Summit. The high-profile event comes at a crucial time when the world is navigating economic uncertainty, rapid technological change, and shifting geopolitical dynamics. With Asia…

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Global Markets Turn Cautious Despite AI Boom: Investors Weigh Geopolitics, Earnings and Central Bank Signals

Global financial markets entered the new trading week on a mixed note as investors balanced optimism surrounding the artificial intelligence (AI) revolution with growing concerns over geopolitical tensions, corporate earnings, and the outlook for global interest rates. While AI continues to fuel long-term confidence in technology companies, recent market movements suggest investors are becoming increasingly…

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Indian Rupee Becomes Asia’s Worst-Performing Currency in 2026

Rising Dollar Pressure, Expensive Oil Imports, and Foreign Investor Outflows Hit Indian Economy Key Highlights Why Is the Indian Rupee Falling? 1. Rising Crude Oil Prices 2. Strong U.S. Dollar 3. Foreign Investors Pulling Money Out 4. Growing Trade Deficit Impact of Weak Rupee on Indian Economy Higher Inflation Costlier Foreign Education and Travel Pressure…

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Global Markets Rally as AI Boom and Cooling Inflation Boost Investor Confidence

Introduction Global financial markets are witnessing renewed optimism as easing inflation, strong corporate earnings, and the rapid growth of artificial intelligence (AI) continue to drive investor confidence across the world. Major stock indices in the United States, Europe, and Asia have shown strong momentum over the past few weeks, while technology companies linked to AI…

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