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 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 ›
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 ›
Alphabet shares jumped 4% in after-hours trading as investors welcomed robust first-quarter results driven by artificial intelligence initiatives. The company reported consolidated revenues of $90.2 billion in Q1 2025, up 12% year-over-year, and net income of $34.5 billion, a 46%… Read More ›
BYD posted a net profit of RMB 9.16 billion in the first quarter of 2025, a year-on-year increase of 100.4 percent, marking its fastest profit growth in nearly two years. Revenue climbed 36.35 percent to RMB 170.36 billion, driven by… Read More ›
South Korea’s GDP contraction underscored by U.S. tariffs has drawn fresh attention after President Trump both launched his toughest trade measures yet and quickly signaled they would be pared back. Businesses, markets and international partners are left weighing the implications… Read More ›
South Korea’s economy entered a rare downturn in the first quarter of 2025, with gross domestic product slipping 0.1% year-on-year—its first annual contraction since late 2020. The outcome marked a stark reversal from the 1.2% growth recorded in the closing… Read More ›
Mercedes-Benz CEO Ola Källenius has called on the European Union to seek a fair and balanced resolution to the ongoing tariff dispute with China over electric vehicles (EVs). Speaking at the Shanghai Auto Show, Källenius emphasized the importance of avoiding… Read More ›
In the heart of Bahia, Brazil, Moises Schmidt is spearheading a transformative venture poised to redefine global cocoa production. With an ambitious $300 million investment, Schmidt’s project aims to establish the world’s largest cocoa farm, spanning 10,000 hectares. This initiative… Read More ›
Huawei is moving swiftly to bring its latest AI chip, the Ascend 910C, into mass production, with shipments to Chinese clients expected to begin as early as next month. This signals a pivotal shift in the Chinese tech landscape as… Read More ›
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