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Nationwide credit card outage hits Japan

People unable to make purchases, use public transport as credit cards fail to work16 July 2026

UK industrial output falls more than expected in May

Mining slump outweighs modest manufacturing growth as production declines 0.5%16 July 2026

South Korea’s central bank raises rate for 1st time in 3-1/2 years

Bank of Korea raises benchmark policy rate from 2.50% to 2.75% in move seen to tackle high inflation16 July 2026

US imposes 25% tariffs on Brazilian imports

Trump administration says investigation found Brazil engaged in ‘unfair’ trade practices involving digital trade, electronic payments and other sectors16 July 2026

Foreign workers leaving Greece worsen labor market crisis

Findings show shrinking foreign workforce is limiting worker availability across economy15 July 2026

Fed chair says central bank has ‘no tolerance’ for persistently high inflation

Policymakers are firmly committed to restoring price stability, says Kevin Warsh14 July 2026

US banking giants post sharp profit gains in second quarter

Net income rises 78% at Goldman Sachs, 45% at Citigroup and 41% at JPMorgan Chase14 July 2026

US inflation eases to 3.5% in June as energy prices fall sharply

Consumer prices post 1st monthly decline in 6 years, down 0.4% month-on-month14 July 2026

IBM shares plunge over 23% as preliminary quarterly results miss forecasts

Revenue and adjusted earnings fall below market expectations as clients redirect spending toward servers, storage, memory chips14 July 2026

US dollar maintains resilience against other currencies amid Middle East war in H1

Fed’s likelihood to maintain hawkish stance for extended period accelerates US Dollar Index’s rise as it holds steady at around the 100 level, mirroring the volatile trajectory of Middle East tensions14 July 2026

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