In the first quarter of 2025, the United States economy experienced its first contraction in three years, with the gross domestic product (GDP) decreasing at an annualized rate of 0.3%. This downturn is attributed to a combination of factors, including… Read More ›
Month: April 2025
U.S. Accounting Firms Ramp Up India Hiring to Ease CPA Shortage
A deepening shortage of certified accountants in the United States has prompted a wave of U.S.-based accounting firms to expand their operations in India, tapping the country’s burgeoning pool of finance graduates to shore up staffing and service delivery. As… Read More ›
China Assures India It Will Not Flood Markets with Dumped Goods
In a bid to allay growing concerns over cheap exports undercutting domestic producers, China’s ambassador to India, Xu Feihong, has emphatically assured New Delhi that Beijing will not resort to market dumping as a tactic of its ongoing trade dispute… Read More ›
Indian Equities Rally as Foreign Investors Embark on Longest Buying Spree in Nearly Two Years
Foreign portfolio investors have driven Indian markets higher over the past nine trading sessions, extending the longest sustained inflow streak since mid-2023 and underpinning a sharp rebound in benchmark indices. Between April 14 and April 25, overseas buyers injected approximately… Read More ›
European Union Left Reeling After Trump’s Tumultuous First 100 Days
As U.S. President Donald Trump marks the centenary of his second term in office, European Union leaders find themselves grappling with a cascade of unpredictable policies that have upended transatlantic trade relations, shaken security alliances and injected fresh uncertainty into… Read More ›
China’s Trade Tsar He Lifeng Takes Center Stage Prompted by Trump Tariffs
China’s Vice Premier He Lifeng has emerged as a central figure in navigating the fallout from former President Donald Trump’s sweeping tariff edicts, which have levied duties of up to 145 percent on many Chinese exports. In recent months, global… Read More ›
U.S. Tariffs to Trigger Demand Shock for Singapore Economy, MAS Warns
In its latest macroeconomic review, the Monetary Authority of Singapore (MAS) cautioned that sweeping U.S. import duties will act as a de facto production tax on Singaporean exporters, generating both direct and indirect negative income effects and triggering a broader… Read More ›
IMF-World Bank Spring Meetings End with Little Tariff Clarity
A week of high-level discussions in Washington wrapped up without concrete answers on the future of U.S. tariffs, leaving finance ministers and central bankers uncertain about how—and when—trade tensions might ease. Delegations failed to secure firm commitments from U.S. Treasury,… Read More ›
Emerging Markets Grapple with Debt Crisis as World Bank Chief Economist Calls for Trade Liberalization
Emerging economies are facing a deepening debt crisis exacerbated by persistent global policy uncertainty and rising interest rates, World Bank Chief Economist Indermit Gill warned this week. In remarks delivered on the sidelines of the IMF–World Bank spring meetings in… Read More ›
Fed Survey Finds Global Trade Fight and Policy Uncertainty as Leading Threats to Financial Stability
A recent semiannual survey conducted by the Federal Reserve revealed that escalating international trade tensions and broad policy uncertainty now rank as the foremost risks to the stability of the U.S. financial system, displacing longer-standing concerns such as debt sustainability… Read More ›