Dieter SPannknebel | Getty Images The U.S. dollar suffered in 2025 as investors embraced the “Sell America” trade, the Federal Reserve cut interest rates, and the greenback was dealt a policy and fiscal credibility shock. The war in Iran has helped shore-up the dollar so far in 2026, but the future of the global reserve…
WASHINGTON DC, UNITED STATES – APRIL 6: The United States President Donald Trump holds a Press Conference in the James S. Brady Press Briefing Room at the White House on April 6, 2026, in Washington DC, United States. Celal Gunes | Anadolu | Getty Images U.S. President Donald Trump on Wednesday announced that talks between…
Shares of Daikin Industries surged as much as 13.9% on Thursday after activist investor Elliott Investment Management said it would work with the company to improve performance and narrow its valuation gap with peers. The stock later pared gains and was up about 11% as of 10:40 a.m. local time. “Elliott’s significant investment in Daikin reflects…
People walk outside a shopping mall during a week-long National Day holiday in Beijing on October 7, 2025. Greg Baker | Afp | Getty Images China’s economy gathered steam in the first quarter, as robust exports growth offset tepid domestic demand, though the Iran war-fueled energy shock clouds growth outlook, threatening global demand. Gross domestic…
Electronic screens display gongs at the Exchange Square Complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on Tuesday, March 15, 2022. Paul Yeung | Bloomberg | Getty Images Asia-Pacific markets open broadly higher Thursday, tracking overnight gains on Wall Street as hopes of a U.S.-Iran deal grew. Stocks have rallied this…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Amazon and Walmart’s Flipkart dominate India’s e‑commerce market. This week, I unpack why the U.S. giants are keen to expand in the…
Artificial intelligence is losing the popularity contest in the United States, and that’s bad news for some of Big Tech‘s power players. The trend has implications for richly valued companies like OpenAI and Anthropic, which are both on the path to go public. It also threatens Amazon, Google, Microsoft and Meta, the so-called hyperscalers planning…
US President Donald Trump walks on the South Lawn of the White House after arriving on Marine One in Washington, DC, US, on Sunday, April 12, 2026. Trump attacked Pope Leo XIV for his criticisms of the US-Israeli war on Iran, calling the leader of the Catholic Church “WEAK on crime.” Photographer: Bonnie Cash/UPI/Bloomberg via…
Countries affected by the Iran war should prepare for conflict-related disruptions to last for months, even if the current shaky ceasefire lasts and the Strait of Hormuz is reopened, World Bank President Ajay Banga said Wednesday. “It’ll still take a few months for things to come back to where they were” once the key oil-shipping…
Thousands of revelers who dressed as Santa Claus and other famous characters, participate in the annual SantaCon pub crawl on Saturday, December 13, 2025, in New York City, United States. Selcuk Acar | Anadolu | Getty Images The president of SantaCon was arrested on Wednesday on a federal criminal indictment accusing him of using the…
