Stock markets dropped on Wednesday, with investors looking ahead to the outcome of the Federal Reserve's latest interest-rate meeting.
The International Monetary Fund (IMF) said on Tuesday oil exporting countries in the Middle East continue to have the world's largest energy subsidy bill and that additional reforms are still needed to curb government spending.
Most European and Asian markets advanced Tuesday as investors returned from a long holiday weekend, with eyes now on a Federal Reserve meeting and the release of U.S. jobs data later in the week.
Donald Trump's plans to slash corporate taxes in the United States have sparked concerns of a new global fiscal race to the bottom, possibly involving a wave of negative social consequences, experts say.
Hon Hai Chairman Terry Gou was seen exiting the White House Thursday after a reported meeting with U.S. President Donald Trump.
Asian markets mostly rebounded Thursday as the U.S. said it would renegotiate its free-trade deal with Canada and Mexico, dampening fears of a trade war after reports said President Donald Trump was considering leaving the pact.
Europe's main stock markets faltered on Wednesday, having rallied this week on French election news, but the euro scored a near five-month high against the dollar.
Swiss bank Credit Suisse has reported a return to profit in its first quarter, while announcing plans to raise about 4 billion Swiss francs by issuing new shares in the coming weeks.
The United Nations helped launch a smartphone app Tuesday that allows users to "walk a mile in a refugee's shoes" by simulating the daily struggles of a fictional Rohingya Muslim who was forced to flee her home.
Stock markets mostly rose Tuesday following the previous session's record runs triggered by the first-round result of France's presidential election.