China's Consumer Price Index Surges Amid Holiday Spending, Pfizer Secures $10 Billion Deal for Metsera, Thailand Implements Alcohol Fines Amidst Natural Disasters and Global Market Updates.

Sunday, Nov 9, 2025 4:37 pm ET1min read
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China's consumer price index unexpectedly rose 0.2% YoY in October due to holiday spending. Factory-gate deflation eased despite persisting for a 37th straight month. Meanwhile, Pfizer beat out Novo Nordisk with a $10 billion bid for Metsera, ending a tumultuous bidding war for the obesity drug startup.

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