Global economy

Japan PM Takaichi’s Cabinet support rate dips to 55.8%, lowest since she took office

Takaichi’s Cabinet disapproval rate also rose 1.1 points to 27.9 per cent during the two-day survey from June 20.

Pakistan’s mango exports shrink as Middle East war impacts linger

Known in South Asia as the “king of fruits”, Pakistan grows over two dozen varieties of mango that normally earn around US$110 million in international sales a year.

News analysis

How deal with US could reconnect Iran to the global economy

Iran has threatened to start collecting money from the thousands of cargo ships that sail through the Strait of Hormuz each year.

Trump's Iran war weighs on G7 economies, but don't expect hard talk in France

FILE PHOTO: German Chancellor Friedrich Merz, British Prime Minister Keir Starmer, U.S. President Donald Trump, French President Emmanuel Macron, Ukrainian President Volodymyr Zelenskyy and Japan’s Prime Minister Sanae Takaichi during a working session at the G7 summit in Evian-les-Bains, France, June 16, 2026. Thibault Camus/Pool via REUTERS/File Photo

How a cup of tea tells the story of globalisation

In this age of globalisation, people need to see governments addressing their insecurities, protecting their livelihoods, dignity and way of life, says Health Minister Ong Ye Kung.

World leaders welcome Iran peace deal, pray for a long-term settlement to end disruptive war

World leaders are relieved that talks between the US and Iran to reopen the Strait of Hormuz are finally moving forward again.

Macron to chair video call involving G-7 and China over economic imbalances

France's President Emmanuel Macron speaks with the media as he arrives for the EU-Western Balkans Summit in Tivat, Montenegro, June 5, 2026. REUTERS/Stevo Vasiljevic

Brace for a flood of oil as soon as Hormuz reopens

FILE PHOTO: Vessels sail through the Strait of Hormuz, Musandam, Oman, May 22, 2026. REUTERS/Stringer/File Photo

IMF chief warns world isn’t ready for shocks that are piling up

IMF managing director Kristalina Georgieva said the oganisation failed to recognize inequalities arising from globalisation and she wants to make sure it won’t happen with AI.

OECD cuts 2026 global growth forecasts over Iran war fallout

Many countries would risk falling into recession if the war continues into 2027, the OECD said.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.