Economy

Economic News

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China's January-May industrial profits rise 18.8% y/y

Profits at China's industrial firms rose 18.8% in the first five months of 2026 compared with the corresponding period last year, official data showed on Saturday.The profit rise accelerated from an 18.2% increase in the January-April period, according to data from the National Bureau of Statistics…

Reuters en
Economy
NEWS binance_news

Atlanta Fed President Search Resumes, Giving Warsh a Say

The Federal Reserve Bank of Atlanta has resumed its search for a new president after the arrival of Kevin Warsh, giving the new Fed chairman a role in selecting an official who will vote on interest rates in 2027, according to Bloomberg.

Binance News en
Economy
NEWS reuters

Major beef exporters near China quota caps, clouding second-half trade, report says

By Kylie MadryAustralia has already filled its annual beef quota for China and Brazil is close behind, potentially pushing two of the world's largest exporters out of the Chinese market for the rest of 2026, according to a Friday report from Argentina's Rosario exchange.

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Economy
acceswire

Banyan Gold Files Technical Report for AurMac Project, Yukon, Canada

VANCOUVER, BC / ACCESS Newswire / June 26, 2026 / Banyan Gold Corp. (the "Company" or "Banyan") (TSXV:BYN)(OTCQB:BYAGF) announces the filing of the Technical Report to support the updated Mineral Resource Estimate ("MRE") in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum…

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EconomyStocksCA
NEWS market-watch

Fed's Kashkari projects one interest-rate hike this year. Here's what changed his mind.

By Greg RobbDoubts over the U.S.-Iran peace deal and the AI buildup mean a rate hike is possible, the Minneapolis Fed president saysMinneapolis Fed President Neil Kashkari.Minneapolis Fed President Neil Kashkari said Friday that he's flipped his view on interest rates over the past three months.In…

MarketWatch en
Economy
NEWS reuters

Venezuela's oil output at 1.2 million bpd, fuel distribution guaranteed -minister

Venezuela's oil production level was not affected by two Wednesday quakes, and currently stands at 1.2 million barrels per day, oil minister Paula Henao said in a radio interview on Friday, adding that domestic distribution of gas and fuel are guaranteed as authorities assess stocks levels."We are…

Reuters en
EconomyFutures
NEWS reuters

France urges World Bank not to scrap climate target

By Marc JonesFrance's development minister issued an eleventh-hour plea to the World Bank on Thursday, urging it to resist pressure from its largest shareholder, the United States, and stick with a climate finance target due to lapse at the end of the month.U.S. President Donald Trump's administrat…

Reuters en
Economy

Two-year yields dip as Hormuz flows rise, hopes on inflation grow

By Karen BrettellShort-dated U.S. Treasury yields fell on Friday, tracking lower oil prices, after crude shipments through the Strait of Hormuz rose to their highest level since the U.S.-Israeli war with Iran began, fueling hopes that the worst of the recent inflation shock may be passing.Optimism…

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BondsEconomy
NEWS reuters

Brazil sees improved conditions after canceling inflation-linked bond auction, official says

Brazil's Treasury sees improved market conditions since it cancelled an auction of inflation-linked bonds, so-called NTN-Bs, a senior official said on Friday when asked whether further interventions might be needed.Speaking at a press conference, Treasury debt operations head Helano Dias said the s…

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BondsEconomy