US wholesale inventories in May revised lower

Growth should rebound to 3.4 per cent in 2027, but that is still below the average of 3.5 per cent seen in 2024 and 2025.

IMF edges 2026 global growth forecast lower to 3%, sees rebound in 2027

A record-breaking heatwave in Europe, the world’s third-largest sugar grower, has put the region’s sugar beet crop (top) at risk.

Sugar market to register small deficit in 2026/27, says broker Czarnikow

The Dow Jones Industrial Average fell 166.7 points, or 0.31 per cent, at the open to 52,758.47. 

Wall St opens lower as Trump says Iran deal is 'over'

“China’s economy has remained generally stable while progressing toward higher-quality development, with new achievements in upgrading and optimisation,” the central bank said.

PBOC pledges to maintain accommodative policy amid weak demand, external shocks

The selloff picked up steam after US President Donald Trump said the tentative ceasefire with Iran was over, raising the prospect of renewed military conflict

Bitcoin weakens as Trump’s remarks raise fresh Iran war concerns

The US dollar index, which measures its strength against a basket of six currencies, was little changed on the day at 101.19.

US dollar steady around 1-week high after Trump says Iran MOU ‘over’

The plane operated by K2 Airways possibly crashed into the sea south-west of Karachi after a series of sharp altitude changes and a steep final descent.

Pakistani rescuers scour waters for cargo plane missing off Karachi coast

The US President’s remarks come after the US launched strikes against Iran and revoked a waiver that allowed the sale of Iranian oil.

Stocks fall as Trump declares US-Iran ceasefire ‘over’

US West Texas Intermediate crude climbed US$3.70, or 5.25%, to US$74.14 a barrel. 

Oil jumps over 5% after Trump says deal with Iran 'over'