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US Treasury Secretary Signals Potential De-escalation in Trade Standoff with China

Scott Bessent calls the ongoing tariff war unsustainable, anticipates easing tensions, and outlines hopes for economic rebalancing despite no formal negotiations yet.

Stories older than 24h

Singapore Cuts 2025 Growth Forecast to 0%-2% as Trade Tensions Escalate

Commerce Secretary Lutnick Faces Mounting Criticism as Personal Wealth Declines

Trump Pauses Tariffs for 75 Nations, Escalates Trade War with China

Germany’s Coalition Talks Accelerate as Economic Turmoil Tests Merz’s Leadership

Trump's Tariffs Wipe $172 Billion from Billionaire Fortunes as Buffett's Wealth Rises

DOJ Clears $35 Billion Capital One-Discover Merger of Antitrust Concerns

RH Stock Plummets Over 40% Following Tariffs and Weak Earnings

Rocket Companies Acquires Mr. Cooper Group in $9.4 Billion All-Stock Deal

Sukiya Faces Backlash After Dead Mouse Found in Miso Soup

Commerce Secretary Lutnick Faces Growing Pressure Over Tariff Fallout

Lip-Bu Tan Named Intel CEO as Company Faces Major Challenges

Allegro Rejects Onsemi's $6.9 Billion Takeover Bid, Citing Offer as 'Inadequate'

Three Charged in Singapore Over Alleged Nvidia GPU Smuggling to China

Bumble Shares Plunge Following Weak Forecast and User Decline

Coca-Cola Outpaces PepsiCo with Strong Q4 Earnings and Market Share Gains

Elliott Management Pushes Phillips 66 for Midstream Business Spin-Off

Texas Instruments Stock Drops Following Weak Profit Forecast

Puma Shares Plummet 18% After Profit and Sales Miss Expectations

Mondelez Reportedly Exploring Hershey Acquisition

Super Micro Secures Nasdaq Extension, Shares Surge

Proposed 35% GST Rate on Aerated Beverages and Tobacco Triggers Market Declines

Intuit Shares Drop After Quarterly Forecast Misses Expectations

Super Micro Faces Potential Nasdaq Delisting Amid Auditor Exit and Filing Delays

Top 10 Billionaires Gain $64 Billion After Trump's Reelection

Moderna Reports Unexpected Profit on Strong COVID Vaccine Sales

AstraZeneca Shares Plummet Amid Expanding China Fraud Investigation

Salzgitter Faces Potential Takeover by Major Shareholder

Markets Brace for Tight U.S. Election Between Harris and Trump

Coca-Cola's Q3 Revenue Falls But Surpasses Expectations Amid Price Hikes

Rightmove Rejects £6.2bn Takeover Bid from Murdoch's REA Group

DirecTV and Dish Near Merger to Form Largest US Pay-TV Provider

UniCredit Pushes for Major European Bank Merger with Commerzbank

Dulux Owner AkzoNobel to Cut 2,000 Jobs Globally

Frostpunk 2 Recoups Development and Marketing Costs in Three Days

Couche-Tard Mulls Higher Bid for Seven & i Holdings

AngloGold Ashanti Acquires Centamin in $2.5 Billion Deal

Halliburton Reports Data Theft and Disruptions from Cyberattack

Western Asset CIO Ken Leech Takes Leave Amid SEC and DOJ Investigations

Flutter Entertainment in Exclusive Talks to Acquire Playtech's Snaitech for £2 Billion

CSX Profit Dips Despite Increased Shipping Volume

Mars Eyes $27 Billion Acquisition of Snack Giant Kellanova

Fed Officials Cautious Despite Positive Inflation Data