The joint statement by the European Union and the United States regarding the framework agreement on trade reinforces the accords made by European Commission President Ursula von der Leyen and President Donald Trump on July 27 concerning the European Union's purchase of $750 billion in US energy...

A coalition of major finance industry groups has urged global regulators to rethink a set of prudential rules for crypto exposures, warning that the standards as written would effectively make it uneconomical for banks to participate in digital-asset markets. The appeal — sent as an open letter to...

Over the past three years Federal Reserve Chair Jerome Powell has steered monetary policy through an era of extreme swings: from aggressive rate hikes aimed at crushing runaway inflation to cautious signaling to protect employment as the labor market cooled. That dual strategy has won some...

The London Metal Exchange (LME) announced in a statement that it will shift a portion of its trading to an electronic platform to enhance liquidity. The proposals were made in September of the previous year, and the exchange has now sanctioned them, planning to put them into effect in...

U.S. consumers are continuing to buy jewelry at levels that confound many analysts, even as companies warn of fresh import levies and raw-material price shocks. The pattern shows up across the market: mass-market brands that trade on frequent gifting and accessible price points, and ultra-luxury...

A sudden reappraisal of European stocks long labelled as “AI adopters” has swept through markets, as the arrival of more capable, industry-tuned artificial intelligence models forces investors to re-evaluate valuations, business models and the durability of revenue streams. Companies that once...

China’s economy posted a mixed and softer performance in July, with industrial production and retail spending both cooling and bank lending unexpectedly contracting, underscoring the fragile state of the post-pandemic recovery and the limits of earlier policy support. The latest monthly figures...

China’s pharmaceutical sector is undergoing a noticeable transformation in its procurement strategies, with drugmakers and research institutions increasingly sourcing laboratory reagents from domestic suppliers rather than established international brands. This shift is being driven by a mix of...

U.S. producer prices surged in July as higher import levies, rising commodity costs and a tightening inventory cycle combined to lift wholesale inflation sharply. The monthly jump in the Producer Price Index marked one of the largest increases in recent years and signaled that cost pressures are...