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Money markets have lowered their estimate of the probability of a European Central Bank rate hike in April from 15% earlier in the day to around 8%.

2026-04-17

Money markets have lowered their estimate of the probability of a European Central Bank rate hike in April from 15% earlier in the day to around 8%.

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2026-04-17

Chinese regulators fined major delivery platforms including Alibaba Group, PDD Holdings, Meituan, JD.com and ByteDance’s Douyin a total of 3.6 billion yuan ($528 million) for failing to filter unqualified merchants, according to the State Administrat

Chinese regulators fined major delivery platforms including Alibaba Group, PDD Holdings, Meituan, JD.com and ByteDance’s Douyin a total of 3.6 billion yuan ($528 million) for failing to filter unqualified merchants, according to the State Administration for Market Regulation. The penalty, the largest since the 2015 food safety law revision, including fines and confiscation of improper income tied to “ghost deliveries,” where merchants used fake locations or licenses and sometimes outsourced orders without disclosure. Authorities said platforms lacked adequate review processes but had removed unlicensed vendors after inspections, while executives responsible for food safety were separately fined 19.7 million yuan.
2026-04-17

The statement indicates that the G7 finance ministers unanimously agree that there is an urgent need to control the damage to the global economy caused by the protracted Middle East conflict.

The statement indicates that the G7 finance ministers unanimously agree that there is an urgent need to control the damage to the global economy caused by the protracted Middle East conflict.
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