Property prices in Shanghai, in particular, are rebounding, but the national market still faces an enormous overhang — 90 million empty or unfinished apartments.
Cuba’s ambassador to the United Nations said in an interview that Havana wanted to talk but the Trump administration was creating pretexts for military action.
The Bank of England and European Central Bank held interest rates steady on Thursday, as officials search for signs of possible longer-term damage and warn of the impact of a prolonged energy shock.
Despite the fragile cease-fire in the Middle East, many Africans say they are bracing for tougher times ahead and making difficult decisions about the future.
A new phase targeting oil and gas infrastructure in the Persian Gulf threatens to hurt businesses and customers around the world for months or even years.
Across Southeast Asia, a region heavily dependent on energy exports brought via the Strait of Hormuz, lives are being upended by higher oil and gas prices.
President Trump’s words came amid a nationwide blackout and as a top Cuban official said his country would move to open the economy to foreign investors.
The Trump administration’s decision to cut off foreign oil to the island is devastating its tourism industry, a key source of income for a government being pushed to the edge.