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Bank of Japan Deputy Governor Shinichi Uchida: Governor Kazuo Ueda's hospitalization is short-term and will not affect the implementation of monetary policy.

2026-06-16

Bank of Japan Deputy Governor Shinichi Uchida: Governor Kazuo Ueda's hospitalization is short-term and will not affect the implementation of monetary policy.

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2026-06-15

Capital Economics analyst Jason Tuvey says that despite a US‑Iran peace agreement, Gulf output faces its deepest contraction since the early 1980s. He forecasts Gulf GDP will fall about 5–6% in 2026, with Kuwait, Qatar and Bahrain the worst affected.

Capital Economics analyst Jason Tuvey says that despite a US‑Iran peace agreement, Gulf output faces its deepest contraction since the early 1980s. He forecasts Gulf GDP will fall about 5–6% in 2026, with Kuwait, Qatar and Bahrain the worst affected. Energy supply normalization may stretch into 2027. Economic diversification will be harder and geopolitical alignments could be reshaped. Tuvey warns Gulf states may be incentivised to raise oil production, which could push prices toward about $50/bbl, and that the conflict’s end will still leave lasting economic effects.
2026-06-15

U.S. senior official says reopening the Strait of Hormuz will take time due to sea mines.

U.S. senior official says reopening the Strait of Hormuz will take time due to sea mines.
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