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Deutsche Bank Downgrades Novo Nordisk to Sell After 70% Stock Plunge

Deutsche Bank downgraded Novo Nordisk to sell on Thursday after the Ozempic maker's stock fell roughly 70% from its peak amid rising competition.

Bank of Korea Raises Rate to 3% in Second Straight Hike

The Bank of Korea raised its benchmark rate 25 basis points to 3.0% on Thursday, a second straight hike backed by a chip-led export boom.

Warsh Cuts Fed Statement to 130 Words, Drops All Rate-Cut Language

Fed Chair Kevin Warsh shortened the post-meeting statement to 130 words from 341, removing all mention of future rate cuts and hinting at higher-for-longer

Trump Demands FCC Punish NBC Host, Treasury Bars Reporters From G20

Trump called for FCC punishment of NBC host Kristen Welker on Sunday as the Treasury barred NYT, WSJ and Bloomberg reporters from G20 events.

Bessent Says U.S. Will Sanction Another Bank Over Iran Ties This Week

Treasury Secretary Scott Bessent said the U.S. will sanction another bank this week to clamp down on Iran transactions, ahead of G20 meetings in North Caro

TSMC’s Q1 Revenue Soars 35% on Unstoppable AI Chip Demand, Exceeding Expectations

TSMC's Q1 revenue surged 35% to $35.6 billion, driven by strong AI chip demand and exceeding analyst expectations. Learn more about the company's performance and the booming AI market.

Brazil Blacklists BYD Over Slave-Like Labor Conditions at Major Plant

Brazil's Ministry of Labour and Employment has blacklisted Chinese automaker BYD due to alleged slave-like labor conditions at its major plant construction site in Bahia, impacting its operations and reputation in the country.

India Postpones Bharat Steel 2026 Amidst Middle East Tensions

India postpones the Bharat Steel 2026 global conference due to the ongoing Middle East crisis, citing disruptions to international participation. New dates to be announced.

China’s Record Oil Purchase Propels Brazil’s Exports to Historic Highs

China's record oil purchase in March has propelled Brazil's monthly oil exports to their second-highest level ever, driven by global energy realignments and Middle East disruptions.

China’s Electric Car Export Boom Defies Regional Turmoil

China's car exports soared nearly 74% in March 2026, as overseas demand for electric vehicles skyrocketed, offsetting slumping domestic sales and Middle East turmoil.

Wall Street Sees Gains Amidst US-Iran Ceasefire Hopes, But Fragile Truce Fuels Market Volatility

Explore how Wall Street reacted to the US-Iran ceasefire, with market gains, oil price fluctuations, and the underlying caution surrounding the fragile truce.

Oil Prices Poised to Skyrocket Past $150 Amid Escalating Middle East Tensions, J.P. Morgan Warns

J.P. Morgan warns that escalating Middle East tensions and supply disruptions could push oil prices above $150 per barrel, highlighting the vulnerability of key oil-producing nations and the Strait of Hormuz.

Tesla China Sales Surge in March, Marking Fifth Consecutive Month of Growth

Tesla's China-made electric vehicle sales experienced an 8.7% year-over-year increase in March, marking the fifth consecutive month of growth and highlighting the company's resilience in a competitive market.

China Bolsters Digital Yuan Reach: 12 New Banks Join E-CNY Network

China expands its digital yuan program by adding 12 new banks, increasing the total number of authorized operators to 22. The move aims to boost adoption and accessibility of the e-CNY.

Geopolitical Tensions and Market Jitters Force Global Companies, Including Visma, to Postpone IPO Plans

Global companies, including Visma, are delaying IPOs due to Middle East conflict and market volatility, impacting various sectors and startups worldwide.

US Lawmakers Seek Sweeping Ban on Chinese Autos and Auto Parts Amid Trade Tensions

US lawmakers, led by Senator Bernie Moreno, are pushing for a comprehensive ban on Chinese autos and auto parts, citing national security and fair competition concerns. The proposed legislation aims to extend restrictions beyond imports to include technology and software, drawing mixed reactions globally.

Starbucks Seals Deal with Boyu Capital, Eyes Massive China Expansion

Starbucks finalizes a major deal with Boyu Capital, transferring control of its China operations and setting sights on expanding its store count to 20,000 locations.

Facebook Unveils Creator Fast Track to Lure Top Influencers With Guaranteed Monthly Payouts

Meta has launched Facebook Creator Fast Track, a three-month program offering guaranteed monthly payouts to eligible creators from rival platforms, as Facebook pushes to rebuild momentum in short-form video and subscriptions.

QatarEnergy and ExxonMobil’s Golden Pass LNG Facility in Texas Achieves First Production Amidst Global Supply Concerns

QatarEnergy and ExxonMobil's Golden Pass LNG facility in Texas begins production, boosting U.S. exports amid global energy supply concerns.

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