Markets, trade, and economic policy worldwide
China's SAFE outlines H2 2026 forex opening-up plans, including nationwide rollout of cross-border trade payment facilitation and expanded financial market connectivity.
China's central bank said on Sunday it will maintain a moderately loose monetary policy in the second half of 2026, strengthen counter-cyclical adjustment, maintain ample liquidity, and enhance financial support for private enterprises and SMEs.
Bangladesh's central bank cut its benchmark repo rate by 50 basis points to 9.5% on Sunday, its first reduction in six years. The last policy rate cut was in July 2020 during the COVID-19 pandemic. The revised rate took effect immediately, according to Bangladesh Bank.
Bloomberg space reporter Loren Grush reports that investors will use SpaceX's first public earnings report as a 'reality check' to assess progress on Starship, Starlink, AI infrastructure and the company's long-term growth strategy.
Hong Kong will offer offshore RMB treasury bond futures from August 3, marking a new milestone in the city's development as an offshore RMB business hub, HKSAR FinancialPaul Chan said in a blog post on Sunday.
Ford is recalling tens of thousands of its trucks due to a software issue that can sometimes prevent a driver from seeing the video from the rear-facing camera.
WestJet flight attendants went on strike, grounding hundreds of flights during the busy summer travel season, according to the Toronto Star.
Insurance payouts under Russia's OSAGO reinsurance pool exceeded collected premiums by 1.5 times, driven by rising repair costs, tariff restrictions, and the ability to claim over 400,000 rubles per case.
Ford is recalling tens of thousands of its trucks over a software issue that can sometimes prevent a driver from seeing the video from the rear-facing camera.
Ford is recalling tens of thousands of its trucks over a software issue that can sometimes prevent a driver from seeing the video from the rear-facing camera.
An investment company linked to former A1 manager Mikhail Bekker and ex-Goldman Sachs/USM executive Vagan Khanyan acquired Russian food packaging producer Polex — in which former Bashkir Soda Company shareholder Sergey Chernikov held a stake — for an estimated 2 billion rubles, Kommersant reported.
Global markets swung sharply this week after Chinese memory chip company CXMT jumped 466% in its Shanghai debut, valuing it at roughly 3.3 trillion yuan, in a move seen as challenging ASML's dominance.
The European Central Bank has warned that Europe's economy is at risk from climate and nature crises, a statement issued before recent wildfires.
Volkswagen plans to cut 50,000 white-collar jobs while BMW sheds 8,000 desk workers as German carmakers flood the labor market with managers amid industry restructuring.
Silver briefly traded above $59 on Friday, July 31, 2026, after the U.S. paused airstrikes, according to a low-reliability financial news headline that provides no further context on the military pause.
The latest Spider-Man film earned $168 million on its North American opening day, breaking the box office opening-day record, with projections indicating a possible all-time domestic opening weekend record.
SpaceX will release its first earnings report this week, according to the source, which describes the development as likely to significantly impact market sentiment.
Reddit shares recorded their largest single-day decline on record after the company reported a lack of new AI partnerships and weaker-than-expected U.S. daily active user metrics.
Egypt's pound posted a significant gain against the US dollar despite hot money outflows from the country.
Citroën is launching a recall campaign for several recent models in Europe due to a fire risk.
WSJ reports companies are entering a 'danger zone' due to massive AI investments, citing McKinsey's estimate that global data center spending could reach $7 trillion by 2030, with risks of a market-wide crash if AI proves to be a bubble.
Alphabet, Amazon and Microsoft added nearly $1.5 trillion in combined market value this week.
US national debt is closing in on $40 trillion, currently at $39.7 trillion. At the current pace of $8 billion per day, it is projected to cross $40 trillion by late September, per the Joint Economic Committee.
Afghanistan has secured more than 10 billion afghanis (over 151 million U.S. dollars) in mining investment over the past year, government spokesperson Zabihullah Mujahid said Sunday at an online press conference reviewing the administration's economic progress.
Ukraine's publishing industry is seeking state compensation for damages caused by Russian shelling, according to Ukrainian Publishing Association head Artem Bidenko. He said publishers including Ranok, Rozum, and Folio were systematically targeted over the past month, with textbooks destroyed ahead of the school year.
A deposit discovered in Nevada may be the largest tungsten reserve in the United States, estimated at 1.78 million tons and worth approximately $152 billion at current market prices, though part of the deposit cannot be developed due to NASA's position on drilling restrictions, according to a Financial Times report citing mining company 3 Proton Lithium.
The main structure of the first cross-border ropeway linking China and Russia has been completed, connecting Heihe City in Heilongjiang Province to Blagoveshchensk across the Heilongjiang River, with the full project scheduled to be finished before year-end, officials said on Sunday.
Japan will announce its first currency market intervention in 15 years, jointly with the United States, to halt the yen's fall to a 40-year low, Reuters reports citing Japanese government sources. Katayama will likely declare both countries' determination to combat the yen's excessive decline. Bloomberg also reported this citing a source familiar with the situation. This will be the first joint US-Japan market intervention in 15 years, Reuters notes. During trading, Japan's government bought yen
US stock indices ended a volatile July with gains, supported by strong technology sector earnings. On the final trading day of the month, the S&P 500 rose 0.7% to 7,489.72.
The S&P 500 rose 0.7% to 7,489.72 on the final trading day of July, with major U.S. stock indexes posting gains as strong technology earnings lifted a rebound from earlier volatility.