Scott Bessent threatens wider US sanctions on Iran’s economic partners

From switching ingredients to staggering price increases, Philippine companies are rethinking strategies to cover rising costs without losing customers squeezed by inflation and a weak peso.

Ireland’s government received yet another warning from its fiscal watchdog about not overspending when the economy is already strong as it risks stoking inflation.

Also in this newsletter: US-Canada trade war erupts and Singapore’s effort to boost birth rates

Prime minister opts not to rip up programme drawn up under Sir Keir Starmer that mostly relies on housing associations

The Bank of Japan will probably raise its benchmark interest rate next month, validating widespread market speculation, and follow up with another increase as early as January, according to a former BOJ board member.

Prime minister stops short of ruling out tax increases in October’s Budget, saying his policies will be ‘funded’