More: Finance
Trump Family Made Billions From Crypto While Investors Lost Big
A Reuters investigation found that crypto ventures linked to President Donald Trump and his family generated an estimated $2.3 billion in profits while investors...
Dollar Falls From Two Month High as Middle East Tensions Ease and Rate Hike Bets Rise
The U.S. dollar slipped from a two month peak on Tuesday after easing tensions in the Middle East reduced demand for safe haven assets....
Is AI Fueling China’s Export Boom Despite Global Uncertainty?
China's exports accelerated sharply in May, driven by strong global demand for semiconductors, automobiles, and other high technology products linked to the artificial intelligence...
Global Stocks Slide as AI Rally Fades and US Iran Peace Talks Stall
Global financial markets retreated sharply after two major drivers of investor sentiment shifted simultaneously. First, concerns emerged about whether the artificial intelligence boom that...
Euro Zone Avoids 2022-Style Inflation Shock as Weak Demand Limits Price Hikes
Fears that the Iran war could trigger another wave of runaway inflation across Europe are, at least for now, proving unfounded. A Reuters analysis...
The New Oil Kings: How the Hormuz Crisis is Shifting Power from Dollar to Yuan
The ongoing US- Iran confrontation has pushed the global energy market into a critical state, with Brent crude oil prices hovering $91- $92 per...
Iran War Could Deepen Euro Zone Economic Anxiety as ECB Warns of Lasting Consumer Scars
New research from the European Central Bank suggests that the economic impact of the Iran war may be affecting euro zone consumers more deeply...
Japanese Yen Nears Critical Levels as Markets Test Tokyo’s Resolve
Japan’s currency is once again approaching levels that previously triggered direct government intervention, placing global investors and financial markets on alert. The Japanese yen...
African Development Bank Meeting Opens Under Ebola Shadow as Africa Seeks New Funding Model
Leaders, policymakers, and financial experts gathered for the annual meeting of the African Development Bank in Republic of the Congo on Monday amid growing...
Tokyo Stocks Hit Record High as Middle East Peace Hopes Push Oil and Dollar Lower
Global financial markets rallied strongly on Monday as investors grew increasingly optimistic about a possible diplomatic breakthrough between the United States and Iran. Hopes...