Global pharmaceutical shares tumbled sharply on Monday following President Donald Trump’s announcement of an aggressive plan to bring U.S. prescription drug costs in line with those paid by other high-income nations. The broad-based sell-off underscored investor fears that sweeping policy… Read More ›
Russian President Vladimir Putin on Sunday called for fresh, unconditional negotiations with Ukraine in Istanbul on May 15, pitching the move as a pathway to a lasting peace after three years of conflict. Addressing the nation from the Kremlin shortly… Read More ›
Federal Reserve Governor Lisa Cook delivered a pointed caution to policymakers and business leaders, warning that the growing application of tariffs on imports could curb U.S. productivity gains and ultimately exacerbate inflation—forcing the central bank to consider higher interest rates… Read More ›
Corporate dealmakers around the world hit the brakes in April, driving merger and acquisition volumes to their lowest point since February 2005. The sharp slowdown follows U.S. President Donald Trump’s declaration of a “Liberation Day” trade offensive on April 2,… Read More ›
In a landmark move to bolster consumer protections and curb burgeoning household debt, Britain’s Financial Conduct Authority (FCA) has unveiled plans to prohibit retail investors from using borrowed funds—including credit cards, personal loans and other lines of credit—to purchase cryptocurrencies…. Read More ›
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 ›
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 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 ›
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 ›
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 ›
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