U.S. consumer prices climbed by 0.3 percent in June, marking the largest monthly increase since January and lifting the annual inflation rate to 2.7 percent. While the uptick aligns with forecasts, the underlying drivers point to a confluence of factors—from elevated import… Read More ›
U.S. technology giant Nvidia is poised to resume sales of its advanced AI processors to China, and domestic firms are moving swiftly to place orders. The sudden rush follows Beijing’s conditional approval of renewed U.S. export licenses and reflects a… Read More ›
A preliminary inquiry into last month’s Boeing 787 Dreamliner crash in Ahmedabad has surfaced a suite of unresolved issues surrounding cockpit protocols, maintenance oversight and regulatory coordination. Air India’s CEO Campbell Wilson warned staff that while the early findings offer… Read More ›
The Financial Stability Board (FSB), the G20’s dedicated body for safeguarding the international financial system, unveiled a medium‑term climate plan aimed at strengthening coordination, data transparency and forward‑looking risk management across central banks, regulators and market participants. Presented to finance… Read More ›
The European Union and South Korea have intensified efforts to negotiate trade agreements with the United States in a bid to head off steep tariffs that President Donald Trump has slated to take effect on August 1. With the specter… Read More ›
Meta Platforms has decided against further adjustments to its controversial pay‑or‑consent framework for European users, a choice that virtually guarantees fresh antitrust charges and potentially massive daily fines under the EU’s new Digital Markets Act. Despite warnings from Brussels and… Read More ›
Crypto markets have ridden a wave of optimism in recent weeks as investors anticipate a raft of regulatory victories out of Washington. With Congress poised to debate key bills aimed at clarifying rules for digital assets, traders have poured fresh… Read More ›
In the first half of 2025, global investors have markedly shifted their focus toward the European Union, directing more than $100 billion into European equity funds—three times the inflows of a year earlier—while pulling nearly $87 billion out of U.S. funds. This reversal of… Read More ›
Recent moves by China to tighten control over key minerals and components have sent shockwaves through the global automotive industry. By curbing exports of heavy rare earth elements and imposing stringent licensing requirements, Beijing wields the power to throttle factory… Read More ›
U.S. consumer spending dipped unexpectedly in May, underscoring a shift in household behaviour as the stimulus from advance purchases ahead of looming import duties evaporated. After two consecutive months of modest gains, total outlays fell by 0.1 percent, marking the second… Read More ›
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