Target faces significant challenges as consumer spending tightens, with rising competition from Walmart and TJX. New CEO Michael Fiddelke aims to revive sales through innovation and enhanced customer experiences.
Ukrainian President Zelenskiy supports U.S.-Russia peace talks amid pressure to accept controversial concessions, as internal corruption scandals challenge his administration's stability.
Ukrainian President Zelenskiy faces pressure to consider a US-Russia peace plan amid European skepticism and domestic challenges, including a major corruption scandal and divided opinions.
Japan braces for investor anxiety as fears over economic stimulus effectiveness impact the 20-year bond market, with yields soaring and fiscal sustainability concerns escalating.
Japanese government bonds face declining demand and rising yields due to fiscal concerns over a proposed stimulus plan, impacting investor confidence and yen stability.
China's bond market sees a record surge in global investment as its economy rebounds, offering appealing yields in a low-interest environment, attracting international buyers.
The US approves sales of advanced chips to Saudi AI firm Humain, partnering with xAI and Nvidia, boosting Saudi Arabia's AI ambitions and US-Saudi tech ties.
South Africa's inflation rises to 3.6%, sparking speculation on a potential interest rate cut by the Reserve Bank, aiming to boost economic growth amid fiscal challenges.
Egypt's central bank maintains interest rates at 21% amid rising inflation, adopting a cautious recovery approach amidst mixed financial expert reactions and geopolitical tensions.
China suspends new Japanese movie releases amid Taiwan tensions, escalating a cultural and economic standoff. Diplomatic attempts to ease disputes have thus far been unsuccessful.
UK inflation fell for the first time in seven months, offering potential economic relief. Upcoming budget changes by Chancellor Reeves could impact inflation and economic policies.
Former U.S. Commerce Secretary Gina Raimondo warns Trump's tariffs will persist, impacting trade policies and political decisions, despite doubts about their economic benefits and complex U.S.-China relations.