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German Chancellor Merz said he hopes to submit a pension reform bill to parliament for review before year-end.

2026-06-24

German Chancellor Merz said he hopes to submit a pension reform bill to parliament for review before year-end.

Other News
2026-06-24

Hong Kong stocks closed higher, with the Hang Seng Index rising 0.33% and the Tech Index rising 1.81%. The semiconductor sector rose throughout the day, with Hua Hong Grace (01347.HK) surging over 15% and SMIC (00981.HK) rising nearly 9%.

Hong Kong stocks closed higher, with the Hang Seng Index rising 0.33% and the Tech Index rising 1.81%. The semiconductor sector rose throughout the day, with Hua Hong Grace (01347.HK) surging over 15% and SMIC (00981.HK) rising nearly 9%.
2026-06-24

US current account deficit widened to $226.8 bln in Q1, up $5.8 bln (2.6%) from a revised $221.1 bln in Q4, and rose to 2.9% of GDP from 2.8%. The increase was not trade-driven: the goods trade deficit narrowed and goods and services exports jumped $

US current account deficit widened to $226.8 bln in Q1, up $5.8 bln (2.6%) from a revised $221.1 bln in Q4, and rose to 2.9% of GDP from 2.8%. The increase was not trade-driven: the goods trade deficit narrowed and goods and services exports jumped $50 bln to $1.38 tln. The main drag was primary (investment) income, which swung from a Q4 surplus to a Q1 deficit, signaling changes in relative returns between US residents’ foreign assets and foreigners’ US assets and higher financing costs for an increasingly imbalanced international balance sheet. Annual revisions were large: Q4’s deficit was revised from an initial -$190.7 bln to -$221.1 bln, and the net international investment position was adjusted by nearly $6 tln.
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