While the BOJ was already widely expected to lift rates in September as inflation pressures ⁠grew, Bessent's recent ⁠comments effectively l...

Iran launched missiles at two United States air bases in Jordan overnight. This action followed a United States strike on Iran's Larak Isla...

Most emerging Asian currencies and equities fell on Monday as hawkish comments from US Fed Chair Kevin Warsh boosted bets on a possible Sep...

U.S. Treasury Secretary Scott Bessent reassured markets by minimizing concerns over turbulence and debt. He emphasized that robust economic...

US Treasury Secretary Scott Bessent said the Trump administration will impose sanctions on another bank this week as Washington intensifies...

On Monday, the dollar maintained its strength close to a two-week peak, fueled by expectations of a rate hike in September following assert...

Egypt's Banque Misr is reviewing US sanctions targeting its UAE branches for Iran dealings. The UAE central bank has launched an urgent exa...

Iranian leaders admit economic hardship from war and sanctions, while vowing to resist US pressure. President Pezeshkian stated foreign tra...

Iranian leaders are acknowledging mounting economic pain six months into the war with the US, as President Masoud Pezeshkian says foreign t...

Federal Reserve Chair Kevin Warsh’s Jackson Hole speech is in focus as investors seek clues on U.S. interest rates, inflation and bond-mark...

Chinese stocks were largely steady on Friday as gains in property shares offset losses in biotechnology and semiconductor stocks. The Shang...

President Trump faces criticism as the six-month war against Iran continues unexpectedly. The administration now focuses on economic pressu...

The Iran war has reached a costly stalemate after six months of conflict. The Iranian government faces economic siege but believes it has t...

Wall Street ended nearly flat as hotter-than-expected US inflation complicated the Federal Reserve’s interest-rate outlook. Investors turne...

The United States is imposing economic sanctions on Iran's financial networks globally. China, Iran's largest trading partner, presents a s...

The United States is pressuring Iraq to curb its financial dealings with Iran. Washington has sanctioned Iraqi banks involved in trade with...

Iran has vowed to retaliate against expanded US economic sanctions, warning Washington of attacks on vital interests and energy chokepoints...