China’s manufacturing sector expanded at its slowest pace in four months in July, as output and new orders rose more moderately, according to a private-sector survey released on Monday by S&P Global and RatingDog. The RatingDog China General Manufacturing Purchasing Managers’ Index (PMI) fell to 50.9 in July from 51.7 in June, missing analysts’ consensus … Read more
U.S. Treasury Secretary Scott Bessent was photographed at Camp David with a handwritten notepad outlining plans to purchase $5 billion to $10 billion in Japanese yen, according to a Reuters image captured during a cabinet meeting. The visible note emerged shortly after Reuters reported that the Treasury had alerted banks to a potential intervention in … Read more
India youth protests over the National Eligibility-cum-Entrance Test (NEET) paper leaks have forced Prime Minister Narendra Modi into a major political climbdown, culminating in the resignation of Education Minister Dharmendra Pradhan and a government commitment to exam reforms. The movement, fueled by viral online organizing through the Cockroach Janta Party (CJP), highlights deep-seated economic anxieties … Read more
Global markets faced mounting volatility as the Nasdaq dropped 1.16% amid growing investor caution over steep corporate spending on artificial intelligence infrastructure and rising international competition. According to Reuters, chip stocks led early market declines following concerns regarding heavy capital expenditure and lower-cost AI models emerging from China, just ahead of crucial quarterly earnings reports … Read more
Global funding for the HIV epidemic fell by nearly a fifth last year to $7.3 billion, reaching its lowest level in nearly two decades and threatening a resurgence of the disease, according to a report released by the U.N. body fighting AIDS. According to the UNAIDS report, Washington previously accounted for 75% of international HIV … Read more
U.S. Treasury Secretary Scott Bessent met with Pakistan Finance Minister Muhammad Aurangzeb in Washington, D.C., on Tuesday, July 21, 2026, to discuss ongoing economic reforms and market access. According to a U.S. Treasury statement issued Wednesday, Bessent welcomed Islamabad’s push to implement fiscal consolidation and prepare for a return to international capital markets, though the … Read more
Wall Street indexes closed lower on July 17, driven by a selloff in AI-linked semiconductor stocks and disappointing guidance from Netflix. The Nasdaq Composite fell 1.40%, the S&P 500 dropped 1.01%, and the Dow Jones Industrial Average declined 0.77%, according to Reuters. AI Chip Fatigue Triggers Semiconductor Bear Market The Philadelphia SE Semiconductor Index (.SOX) … Read more
Brazil’s Strategic Response to U.S. Tariffs Includes Patent Suspensions and WTO Revival Brazil is preparing to retaliate against U.S. tariffs by targeting intellectual property rights and audiovisual sector interests, according to three sources familiar with the discussions. The measures, which could include suspending pharmaceutical and agricultural seed patents, aim to pressure Washington while avoiding consumer … Read more
Thousands of Indonesian free meals kitchen operators are reporting significant financial losses following the government’s decision to scale back President Prabowo Subianto’s flagship nutrition program. The National Nutrition Agency (NNA) has implemented a moratorium on the addition of 13,000 new kitchens as part of a broader efficiency drive, leaving many operators who had already invested … Read more
Volkswagen Group is implementing an immediate, sweeping restructuring plan to reduce its global model portfolio by up to 50 percent and slash optional equipment configurations by 75 percent. The conglomerate, which oversees brands including Audi, Porsche, and Volkswagen, is also capping annual production capacity at nine million vehicles to prioritize high-margin, high-value products in response … Read more