The Latest Breaking News from Eswar Prasad

With Trump promising the US will be ‘crypto capital of the planet’, experts say the industry is poised for laxer oversight

During his first term, Trump's tariffs caused U.S. firms to flee China. Now comes Round 2, which will create new winners and losers.

The United States and China are the two global economic heavyweights

Millions of fresh college graduates and early career professionals in China face daunting prospects amid a cooling economy.

With his eyes on the 2024 presidential election, the Florida governor's proposal "is largely a political gesture."

Longtime troubles at Credit Suisse have come to a head this week with a record stock plunge that spread fears of a banking crisis jumping from the U.S. to Europe

The now-bankrupt cryptocurrency exchange FTX made real money off of its own digital currency, called FTT. That currency is practically worthless now, but investors continue to trade it.

U.S. policy makers aren't likely to take action to slow the dollar's rapid rise despite rising risks of global financial turmoil, analysts say, largely because a strong greenback helps fight domestic inflation.

The world's second biggest cryptocurrency after bitcoin, Ethereum, will soon overhaul its blockchain technology to curb the network's much-criticized environmental impact. Ethereum, whose digital unit ether tumbled in a crypto crash earlier this year, will in September undergo a major technical revolution, AFP said. So what is the backdrop for…