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AI crash coming closer? South Korea’s Kospi plunges 10%, triggers trading haltSouth Korean stocks experienced a sharp decline, with the Kospi index plummeting nearly 10% from its record high. Chip giants SK Hynix and ...
Warsh Fed era heralds a new trial for Asian currenciesNew Federal Reserve chief Kevin Warsh's hawkish stance on inflation has surprised markets, signaling a stronger dollar. This poses a challe...
Global Market Today: Asian stocks slip, oil up on peace doubtsGlobal markets saw a dip as Middle East tensions escalated, pushing oil prices and bond yields higher, signaling increased U.S. interest ra...
Yen nears 40-year low, dollar gains as peace talks in doubtThe US dollar is flexing its muscles against the Japanese yen, much to the attention of market traders. The potential for a US-Iran peace a...
Who is Bobby Charles? Former Bush administration official holds lead to win Maine GOP governor primary after ranked-choice runoffBobby Charles has won Maine's Republican gubernatorial primary. He secured victory after ranked-choice voting runoffs. Charles is an attorn...
US Stock Market: Fed financial disclosures reveal stark contrast in transparency among top officialsFederal Reserve officials' financial disclosures reveal varying levels of detail. Governor Lisa Cook reported over $1 million in legal expe...
Bank of England votes 7-2 to hold rates at 3.75%The Bank of England has chosen to maintain interest rates at 3.75 percent, a decision that aligns with prevailing predictions among economi...
Global Market Today: Asian shares gain as US-Iran deal takes effectUS stock futures rose as President Trump signed an interim deal to end the Iran war and reopen the Strait of Hormuz, easing energy concerns...
Dollar jumps as Fed holds rates but projects one hike later this yearThe dollar strengthened as the Federal Reserve held interest rates steady but signaled a potential hike later this year, with policymakers ...
Decision-Day Guide: Warsh faces first big test as Fed ChairFormer Fed governor Kevin Warsh, if elevated to Federal Reserve Chair, faces his first major test amid heightened market sensitivity to US ...
Kevin Warsh takes Fed pulpit with immediate challenges, longer-term agendaFederal Reserve Chairman Kevin Warsh leads his first policy session, sending ripples through the investment community eager for clues on mo...
Fed and BoE stay guarded after 100 days of Iran warGlobal central banks are poised to maintain current interest rates this week. The Iran war's impact on inflation and growth remains a key c...
Dollar shaky as investors weigh rate outlook, Middle East worriesU.S. dollar weakened amid new Middle East strikes and rising consumer inflation, causing investor unease about the Federal Reserve's policy...
Asian stocks fall, oil gains as US strikes IranUS forces launched fresh strikes on Iran, escalating geopolitical risks and sending oil prices up over 2%. This development, coupled with a...
FOREX-Dollar steadies following US strikes on Iran and ahead of inflation dataThe dollar held steady as U.S. strikes on Iran followed a helicopter incident, though President Trump downplayed the event. Investors await...
India may have brokered a rupee truce, but hasn't won peace yetIndia has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move seen as more market-friendly than ...
Global Market Today: Asian stocks drop after Broadcom outlook, oil dipsAsian markets and US futures declined. Broadcom's weak forecast impacted investor sentiment. Renewed US-Iran clashes also weighed on market...
US Stock Market: Powell defends Fed autonomy as political pressure reaches new highsFormer US Federal Reserve Chair Jerome Powell strongly defended the central bank's independence. He warned that political interference coul...
Powell uses JFK award speech to warn against political pressure on Fed, courts and schoolsJerome Powell, former Federal Reserve Chair, received an award for safeguarding the central bank's independence. He emphasized the crucial ...
Jerome Powell sounds alarm on Fed independence, says central bank faces 'stress test'Jerome Powell, former head of the US Federal Reserve, has spoken out against political interference in the central bank. He emphasized the ...