Oil rallied Monday (5) after key producer Saudi Arabia slashed output by a million barrels in a bid to prop up prices, while fellow OPEC+ members agreed to continue current cuts to 2024
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Turkish President Recep Tayyip Erdogan on Monday (15) emerged from his toughest election test unbowed and in strong position to extend two decades of his Islamic-rooted rule by another five years in a historic May 28 runoff
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Oil prices sank about 5% to a five-week low on Tuesday (2) on concerns about the economy, as US politicians discuss ways to avoid a debt default and investors prepare for another US rate hike this week
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The International Monetary Fund (IMF) slightly lowered its outlook for the global economy on Tuesday (11), while predicting that most countries will avoid a recession this year despite economic worries and geopolitical tension
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The dollar steadied and sterling fell on Tuesday (21) as traders reckoned banking stress would keep the Federal Reserve and the Bank of England from hiking rates much further, or at all, later in the week.
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US and European stock markets rose but bank shares wavered in volatile trading on Monday (20) after financial authorities scrambled to ease fears of a crisis in the banking system
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Policymakers in Asia and Africa voiced growing economic optimism at a Reuters conference on Wednesday (Nov 30), chiming with a rally in emerging markets, an expected slowdown in US rate hikes and an easing of COVID restrictions in China
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Sri Lanka's central bank on Thursday (24) threatened administrative intervention to control high market interest rates that it regarded as out of line with its policy rates and the outlook for falling inflation
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Saudi Arabia's powerful crown prince has embarked on a multi-stop Asian tour, shoring up the Gulf nation's ties with its biggest energy market and signalling growing independence from Washington amid a bitter row over oil supply
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The crisis-hit Sri Lankan economy can turn around by the end of 2023 if budget policies, which are not limited to the International Monetary Fund's (IMF) recommendations, are followed, President Ranil Wickremesinghe said on Monday (14)
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