Global equity markets have witnessed an abrupt stall in initial public offerings this year, as trade tensions, central-bank tightening and persistent market turbulence have dampened appetite for new listings. Through mid‑June, worldwide IPO proceeds have slipped to their lowest annual level in...

Late last month, the world’s largest car-carrying vessel—capable of bearing the equivalent of 20 football fields’ worth of automobiles—made its maiden call at Itajaí, Brazil’s bustling southern port. On board, some 5,500 battery-electric vehicles (BEVs) from China’s BYD, the world’s leading...

China is intensifying its efforts to promote the digital yuan abroad, aiming to reduce reliance on the U.S. dollar, modernize cross‑border payments, and buttress economic resilience against future geopolitical shocks. At a recent high‑level financial forum in Shanghai, People’s Bank of China...

The Bank of Japan (BOJ) on Tuesday announced a strategic adjustment to its quantitative tightening program, slowing the reduction of its Japanese government bond (JGB) purchases from April 2026. Governor Kazuo Ueda confirmed that, while the central bank will continue to shrink its massive balance...

Over the past year, leading U.S. pharmaceutical firms have dramatically increased partnerships with Chinese biotech companies to secure access to promising molecules and early‑stage assets. Faced with a looming patent cliff—where more than $200 billion in existing revenues will expire by the...

China’s leading electric-vehicle manufacturers are rapidly integrating advanced driver-assistance features into mass-market models at price points that undercut Tesla’s offerings. Companies such as BYD, Xpeng, Leapmotor and others now include multi-sensor assisted-driving systems in vehicles priced...

U.S. payroll additions have sputtered in recent months, rattling employers and investors alike as the long-running expansion shows fresh signs of fatigue. After routinely topping 200,000 monthly hires at the start of the year, May brought just 139,000 new nonfarm jobs—well below the...

On Thursday, the European Central Bank (ECB) reduced its key interest rates by 25 basis points, bringing the deposit rate down to 2.00 percent. While policymakers acknowledged that headline inflation has finally returned to the ECB’s 2 percent target, they emphasized that the decision was driven...

China’s central government is increasingly alarmed by the deepening price wars that have engulfed its sprawling automotive sector. Officials and industry leaders alike warn that steep discounts and aggressive undercutting are inflicting long-term damage on manufacturers’ profitability, stifling...

When a federal appeals court granted a temporary stay on a lower court’s decision overturning President Trump’s broad tariffs, it effectively ensured that his duties on a vast array of imported products remain in place for the time being. That stay means U.S. importers will continue paying levies...

The Biden administration has imposed sweeping new export controls on a wide array of technologies headed to China, tightening restrictions on semiconductor design software, critical chemicals, industrial machinery and aviation components. Announced quietly in late May, the measures require U.S. and...