ABE NEWS | SEPTEMBER 18, 2026 This was the week when several assumptions underpinning the global economy became harder to defend. Investors who spent years waiting for cheaper money watched the Federal Reserve raise interest rates for the first time in more than three years. Japan pushed borrowing costs to their highest level…
ABE NEWS | SEPTEMBER 18, 2026 For much of the past two years, investors, companies and households had been waiting for the next great turn in monetary policy: the point at which inflation would retreat far enough for central banks to make money steadily cheaper again. This week delivered something very different. The U.S….
ABE NEWS | September 15, 2026 For much of the past few years, the global economy has been waiting for relief. Inflation had retreated from its worst levels, businesses had adjusted to a world of higher interest rates, and investors were increasingly looking toward the moment when borrowing costs could finally begin moving lower….
ABE NEWS | Week in Business | Friday, September 4, 2026 Welcome to ABE NEWS Week in Business — our Friday look back at the companies, markets, money and economic developments that defined the week. And this week delivered something remarkable. Nearly everywhere you looked, businesses were confronting the same fundamental question: How much…
ABE NEWS | September 1, 2026 Russia’s oil industry — one of the financial engines that has powered the country for decades and helped Moscow sustain more than four years of war in Ukraine — is facing mounting pressure. A Russian government draft economic forecast reviewed by Reuters has cut the country’s expected 2026…
ABE NEWS | September 1, 2026 South Korea is preparing to make one of the biggest government spending bets in its history — and artificial intelligence sits near the centre of the strategy. The government of President Lee Jae Myung unveiled a proposed 821 trillion won budget for 2027, worth roughly US$597 billion, representing…
ABE NEWS | August 31, 2026 South Africa’s long-troubled electricity giant Eskom has delivered one of the most dramatic financial turnarounds in its recent history, more than doubling annual profit to 30.3 billion rand — roughly US$1.9 billion — as power shortages collapsed, electricity sales improved and years of government intervention began producing visible…
ABE NEWS | August 31, 2026 India has opened its new financial year with another powerful economic performance, expanding 7.8% year-on-year during the April–June quarter and beating expectations as investment, manufacturing, financial services and domestic demand helped the world’s most populous country maintain growth that most major economies can only envy. The result exceeded…
ABE NEWS | THE WEEK IN BUSINESS | August 28, 2026 It was a week when artificial intelligence delivered staggering numbers, Canada discovered its economy was stronger than expected just as another trade shock arrived, one of the world’s biggest social-media companies agreed to one of the most consequential settlements in the industry’s history,…
ABE NEWS | August 28, 2026 Canada’s economy has delivered a surprisingly powerful comeback. After months of weak growth, recession fears and mounting pressure from its trade confrontation with the United States, the Canadian economy expanded at an annualized rate of 3.3% in the second quarter of 2026, its strongest pace of growth since…
