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G20 Debate Intensifies Over China's Record Trade Surplus

US Treasury Secretary Scott Bessent says G20 countries should consider additional trade barriers to address China's large surplus.

Barclays Expects Two More US Rate Increases This Year

Barclays expects the Federal Reserve to raise interest rates in September and December following more hawkish signals.

Foreign Investment in Germany Rose 50 Percent in 2025

Foreign direct investment into Germany increased sharply in 2025, with stronger British inflows offsetting a decline from US companies.

Financial Watchdog Warns AI Cyberattacks Could Threaten Global Stability

The Financial Stability Board says AI-driven cyber risk is the most immediate technology concern facing the global financial system.

Asian Markets Slip as Oil and Bond Yields Rise

Asian shares fell as renewed US-Iran fighting lifted oil prices and elevated bond yields pressured investor confidence.

Plan for Global Defence Bank Seeks $116 Billion

A proposed Defence, Security and Resilience Bank aims to raise $116 billion for lower-cost lending to governments and defence contractors.

German Drone Maker's US Expansion Highlights Transatlantic Defence Capital

Quantum Systems gained an early US foothold with support from CIA-backed investor In-Q-Tel, illustrating the role of American capital in...

Kyiv-Area Survivor Recounts Strike That Killed 38

A survivor has described the aftermath of a drone strike and ammunition-depot explosions that killed 38 people near Kyiv.

NASA Launches Roman Space Telescope to Survey the Cosmos

NASA has launched the Roman Space Telescope, beginning a flagship mission designed to investigate major questions in astrophysics and...

HDFC Bank Weighs Leadership Options Ahead of CEO Transition

India's HDFC Bank is considering deputy managing director Kaizad Bharucha and an external candidate for its next chief executive.

Search Continues After North Cyprus Ferry Disaster

Divers and rescue teams are searching for nearly 20 people missing after a ferry capsized off northern Cyprus, killing at least eight.

Toyota and Honda Face Cost Pressure From Proposed Canada Auto Tariffs

Japanese automakers could bear significant costs from a proposed US tariff on Canadian vehicle imports.

Nepal Seeks Better Cross-Border Flood Warnings After Deadly Disaster

Nepal is renewing calls for more Chinese glacier-risk and water-level data after deadly flooding exposed gaps in early warning.

Nepal Rescue Teams Search for Hundreds Trapped After Himalayan Floods

Nepalese rescue teams, supported by Chinese and Indian experts, are trying to reach hundreds believed trapped in hydropower tunnels.

Oil Prices Jump as Gulf Conflict Returns to the Foreground

Oil rose more than two percent after renewed US-Iran attacks revived concerns about Gulf supply and shipping routes.

AI-Generated Kharg Island Video Circulates Without Evidence of Attack

An AI-generated video was presented as evidence of destruction at Iran's Kharg Island, but no independent evidence supported the claim.