More: Finance
Rethinking Payment Governance for a Fractured World
In the last two decades, the US financial sanction list has grown into an unwieldy diverse collection of countries, institutions, and individuals. This list...
Dollar Set for Biggest Weekly Drop in Four Months
The U.S. dollar is on track for its largest weekly decline in four months as trading thins ahead of the Thanksgiving holiday. Investors are...
Asian Stocks Rally on Weak U.S. Data, Fueling Rate-Cut Bets
Asian stocks rallied on Wednesday following gains on Wall Street. Softer-than-expected U.S. economic data, including weaker retail sales and consumer confidence, fueled expectations that...
Russia Warns West of Looming Economic Crisis Over Sanctions
Igor Sechin, CEO of Russia’s energy giant Rosneft and a key ally of President Vladimir Putin, warned on Tuesday that continued sanctions by the...
EU Hits Italy Over ‘Golden Powers’ Rules
Brussels is set to issue a formal warning to Italy over concerns that Rome’s expansive “golden power” rules may violate European Union law, according...
Global Stocks Slide as U.S. Jobs Muddy Fed Outlook
Global equity markets fell sharply on Friday after a U.S. jobs report failed to provide clarity on the Federal Reserve’s near-term interest rate policy....
Markets Soar on Nvidia Earnings as U.S. Jobs Report Adds Global Uncertainty
Global stock markets surged following Nvidia’s earnings, which exceeded Wall Street expectations and eased concerns about an AI-driven market bubble. The tech giant’s strong...
Hong Kong Markets Tumble on Global Sell-Off, Diplomatic Strains
Hong Kong equities fell for a fourth consecutive session on Wednesday, hitting a two-week low as Wall Street losses and rising geopolitical tensions weighed...
U.S. Becomes Largest Recipient of China’s Global Loans
A new study by AidData at William & Mary shows that the United States is now the largest recipient of Chinese loans globally, receiving...
Tech, Data in Focus as Markets Navigate Geopolitics and Earnings
Asian and global stock markets started the week cautiously as investors navigated geopolitical tensions and a packed week of corporate earnings and U.S. economic...