Financial

U.S. productivity rose as firms removed pandemic-era excess Higher utilisation may explain more than AI The durability of the gains remains uncertain Since 2022, productivity growth in the U.S.

Credit Suisse weakened bail-in credibility Switzerland also protected its banking brand The precedent applies mainly to small financial centres Switzerland once made up to CHF 109 billion available over a single weekend

Musk warns that major SpaceX short positions have a low probability of survival Starship, a central pillar of SpaceX’s future growth, struggles to prove its technical capabilities Test flight scheduled for this month postponed twice in succession

Yen pressured by the Honebuto policy framework and expectations of persistently high US interest rates Markets positioned for further depreciation as the impact of official intervention proves temporary Takaichi government’s tax-cut agenda risks generating additional foreign-exchange instability

The RRF delivered strong early gains in fiscally constrained economies Greece led broad catch-up, Spain employment and Italy capital formation Lasting convergence still requires reform, productivity and private investment

The RRF supported recovery but implementation lagged Milestones improved control without guaranteeing outcomes Its deeper legacy is shared European fiscal capacity By May 2026, the Commis

The debt crisis exposed the euro’s missing fiscal shock absorber COVID-19 transformed common borrowing into practical policy Europe now needs a limited and accountable shared capacity In Jun

New UK Prime Minister Andy Burnham moving to abolish VAT on household electricity bills Economic agenda centered on devolution, reindustrialization, and expanded public housing Sweeping welfare reforms expected, including a universal National Care Service

Gold cannot provide instant dollar liquidity Dollar swap lines can contain funding shocks Argentina shows their power and political risk By the end of 2024, dollar borrowing accounted for roughly 90 percent of the $111 trillion i

The 2024 EU fiscal rules promised simpler budget surveillance Early evidence shows spending plans still react to growth surprises A clearer debt anchor would make adjustment more transparent The euro area opened the n

Takaichi government seeking to reduce the consumption tax on food to 1% Expanding fiscal commitments with no clear plan to replace lost revenue Political backlash expected when tax rate is restored, while business enthusiasm remains limited

Gold Retreats Despite Middle East Risks as Selling by Some Central Banks Draws Attention “Inflation Is Rising, Economy Remains Resilient”: Fed Lacks Case for Rate Cuts Higher-for-Longer U.S.

“Exit While Asset Values Are High”: US Data Center M&A Accelerates “Data Center-Ready Sites” with Transmission Lines and Substations Also Command Premium Prices Bidding War Emerges for SK’s Ulsan AI Data Center in South Korea A wave of sta

LCH Adds Offshore Renminbi-Denominated Chinese Government Bonds to Eligible Collateral Trade Settlement Lays the Foundation for Renminbi Internationalization Renminbi Financial Ecosystem Expands into Global Capital-Market Infrastructure London’

Issuance and reserve-asset rules established under the GENIUS Act Stablecoin demand linked to U.S.

High rents are turning Europe’s free movement into a costly privilege Housing costs now block job matching before workers move Affordable housing must be treated as labour-market infrastructure After years of fre

Shein’s Hong Kong IPO Push Following Failed U.S.

Private-market valuation surpasses $1.2 trillion AI model market increasingly shifts toward Chinese providers Widening gap between corporate valuation and market competitiveness U.S.

Official inflation can fall while household price pressure remains high Different spending baskets create different inflation experiences Policy should pair CPI with clear perceived-inflation indicators A country can show a low

Negative deposit rates do not just change returns; they change trust Denmark shows how households cut deposits when banks pass through negative rates Japan shows how low returns can push savers toward cash, caution, or global risk <