China plans to roll out a fresh set of policies from 2026 to 2030 aimed at lifting domestic consumption and addressing what officials describe as “prominent” imbalances between supply and demand, with a sharper focus on the services sector, the country’s top economic planner said on Tuesday.The move comes as…
The slowdown in the UK jobs market became more evident in the run-up to November’s budget, as new figures revealed a sharp drop in payroll employment and weaker wage growth.Official data released on Tuesday highlighted the largest monthly fall in payrolled jobs since late 2020, signalling a tougher environment for…
Indian shares fell to their lowest levels in more than three months on Tuesday, as a broad-based sell-off driven by weak corporate earnings, global trade concerns and sustained foreign fund outflows rattled investor confidence.The benchmark Nifty 50 slipped 1.38% to close at 25,232.5, while the BSE Sensex declined 1.28% to…
Donald Trump’s return to the World Economic Forum in Davos has reshaped the tone and priorities of this year’s gathering, as global business leaders and policymakers brace for the implications of his agenda on trade, security, and geopolitics. The US president is expected to arrive in the Swiss resort on…
Global trade policy is rapidly transforming into a strategic instrument, evidenced by “The Greenland episode” and Canada’s notable pivot toward China. This shift is creating a unique market environment where stable financial conditions coexist with increasingly turbulent commodity pricing, a divide set to define the near future, according to Rystad Energy’s…
Shares of RAPT Therapeutics surged sharply on Tuesday after the biopharmaceutical company said it had agreed to be acquired by British drugmaker GSK in a deal valued at about $2.2 billion, giving the larger group access to a late-stage food allergy treatment.RAPT stock jumped 64% to $57.41 in premarket trading,…
Federal Reserve Chair Jerome Powell will attend Supreme Court oral arguments on Wednesday, a rare public show of institutional support as justices decide whether President Trump can fire Fed Governor Lisa Cook.The case tests whether the president’s removal power overrides decades of Fed independence protections or whether Cook’s “for cause”…
European capitals are weighing their response to President Donald Trump’s latest tariff threat, this time tied to his controversial push to acquire Greenland.While the White House has signaled duties of about 10% on eight NATO allies beginning February 1st, analysts warn the real battle may not be fought at the…
The Nikkei 225 Index retreated by over 1.2% on Tuesday, continuing a downtrend that has been going on in the past few days. It retreated to a low of ¥52,930, down from the year-to-date high of ¥54,515. This retreat may continue if the Bank of Japan (BoJ) maintains a highly…
Pop Mart’s share price jumped by over 8% on Tuesday, its best performance in five months, as investors cheered its new share buyback program. It rose to an intraday high of H$ 198, up substantially from this month’s low of H$174. It remains 42% below its highest point this year.Pop…