Oil prices ticked down in Asian trading on Wednesday after losses in the previous session, as markets weighed the fallout from high-level U.S.-Russia talks on ending the war in Ukraine.
The financial system risks undermining global trade if it fails to adapt to the economy's needs, with developing countries likely to suffer the most, the UN Trade and Development Agency said on Tuesday.
U.S. policymakers are likely to focus on competing with China’s tech ambitions next year after having attempted the contain the sector in the Asian nation over the last decade, according to analysts at Jefferies.
Federal Reserve Bank of Boston President Susan Collins said Friday that a retreat from an integrated global economy could complicate the central bank’s work and push up price pressures.
U.S. new-vehicle sales are expected to ease in November as higher prices and waning electric-vehicle demand temper what had been a strong stretch for the market.
China’s electric-vehicle industry captured half its domestic market in just a few years, crushing sales of gasoline-powered vehicles from once-dominant global automakers.