Global economy

G-7 to discuss joint release of emergency oil reserves amid Mid-East war

Motorists queueing at a petrol station in Quezon City, the Philippines, amid rising prices on March 9.

IMF urges preparation for ‘unthinkable’ amid Mid-East conflict

IMF head Kristalina Georgieva warns that a 10 per cent hike in energy prices persisting for a year may push global inflation by 40 basis points.

Japan asked US not to disadvantage Tokyo under new tariff rules

Japan's Prime Minister Sanae Takaichi is set to visit the United States on March 19.

Trump demands Iran’s ‘unconditional surrender,’ complicating diplomatic paths

Smoke rises over Beirut’s southern suburbs following an air strike by Israeli forces against the Iran-backed militant group Hezbollah.

IMF says Mid-East war to test world economy, expecting new shocks

IMF managing director Kristalina Georgieva warned that a prolonged conflict could affect energy prices, market sentiment, economic growth and inflation.

Iran’s strikes on Gulf states may widen war against Tehran, analysts say

A person stands next to a motorcycle as smoke rises in the Fujairah oil industry zone following a fire caused by debris after interception of a drone by air defenses, according to the Fujairah media office, amid the U.S.-Israel conflict with Iran, in Fujairah, United Arab Emirates, March 3, 2026. REUTERS/Amr Alfiky

Israel-US attack on Iran will affect energy prices, impact countries far away like Singapore: SM Lee

Senior Minister Lee Hsien Loong delivering a speech at the Teck Ghee Chinese New Year Dinner on Feb 28.

Trump’s 10 per cent global levy takes effect as US rebuilds tariff wall

US officials have urged trading partners to uphold deals they have negotiated with the US over the last year.

Budget 2026: Less set aside for CDC vouchers, more to strengthen economy’s resilience

Corporate income tax to generate the most revenue, while less will be spent on special transfers like CDC vouchers.

How to create jobs for the world’s 1.2 billion new workers

Students attend a class at a coaching institute training students to secure government jobs, in Prayagraj, India.

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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.