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Financial News Around the World

U.S. proposes fresh tariffs on 60 economies over forced labor trade practices

USTR has proposed a 10% duty rate for economies that have adopted a full or partial prohibition on forced labor trade, and 12.5% for all other economies.

Published 3 June 2026
Categorised as Finance News

Goldman Sachs cuts Hong Kong stocks in favor of mainland China AI hardware plays

The investment bank on Wednesday cut its rating on H shares to market-weight from overweight, while staying overweight mainland China’s A shares.

Published 3 June 2026
Categorised as Finance News

U.S., Iran intensify attacks as ceasefire frays, peace talks stall

The regional conflict has hardened into a stalemate as the U.S. and Iran failed to turn a fragile ceasefire into a lasting peace deal.

Published 3 June 2026
Categorised as Finance News

Fed Chair Warsh makes first hires at central bank, including ‘Project 2025’ author

The new Fed chair has made his first hires. One wrote the Fed chapter in conservative policy blueprint “Project 2025.”

Published 3 June 2026
Categorised as Finance News

Traders say Karen Bass and Spencer Pratt will advance to runoff in high-profile L.A. mayoral race

Los Angeles voters go to the polls Tuesday. If no candidate receives more than 50%, the top-two vote getters will advance to a November runoff.

Published 3 June 2026
Categorised as Finance News

Greg Abel channels Buffett’s deal-making style in nearly $17 billion spree, expanding into tech

The back-to-back deals offer one of the clearest signals yet that Abel is prepared to put Berkshire’s enormous balance sheet to work.

Published 3 June 2026
Categorised as Finance News

Goldman Sachs CEO David Solomon says markets are in ‘greed’ mode as AI companies seek billions

Goldman Sachs CEO David Solomon’s comments come as investors prepare for what will be one of the busiest periods for equity issuance in years.

Published 3 June 2026
Categorised as Finance News

Job openings in April surged to 7.6 million, the highest in nearly two years

The Bureau of Labor Statistics reported that available employment hit 7.6 million for the month, a surge of 731,000 from the prior month.

Published 3 June 2026
Categorised as Finance News

Polymarket closes its first block trade as prediction markets push for Wall Street adoption

Prediction market platforms have increasingly looked to institutional traders, not individual ones, as the next venue for growth.

Published 2 June 2026
Categorised as Finance News

Audemars Piguet’s watch prices remain stable after controversial Swatch collab

The Royal Pop collection of brightly colored watches on lanyards is part of AP’s longer-term strategy of attracting the next generation of collectors.

Published 2 June 2026
Categorised as Finance News

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