Stocks, dollar rebound as Trump backtracks on Fed attack

Japan’s factory activity shrinks on tariff woes, services perk up, PMI shows

World Bank urged to reduce equity-to-loan ratio to free up funds for poor countries

France’s central banker sees narrower focus for IMF, World Bank

France's central bank chief advocates for preserving the IMF and World Bank with a focus on financial stability, payments, and other key issues amid uncertain future due to U.S. policy.

UK employer pay rises hold at 3%, Brightmine says

British employers' pay increases remained at 3% for the third consecutive quarter, while the BoE monitors inflation and national insurance impacts, expecting interest rate cuts soon.

US will aim for UK to cut its automotive tariff to 2.5% from 10%, WSJ reports

The U.S. seeks to lower Britain's automotive tariff from 10% to 2.5%, contingent on trade negotiations and compliance with U.S. trade demands.

US court keeps Trump tariffs in force against group of small businesses

A federal court allowed Trump's tariffs on small businesses to remain, stating no immediate harm was shown, while a lawsuit against the tariffs proceeds.

Trump says US will set terms if China does not do a trade deal

Trump warns China on trade terms; assures reductions in tariffs post-deal, but not to zero.

IMF must be more active on debt restructurings, Georgieva says

IMF managing director Kristalina Georgieva emphasizes the need for active debt restructuring support as African leaders call for enhanced technical assistance in the face of growing economic challenges.

Turkey’s Finance Minister Simsek says spending discipline will be maintained

Turkish Finance Minister Mehmet Simsek assures continued spending discipline amid economic risks, aiming for lower current account deficit and controlled inflation.