Currencies

The art of hogging headlines, using tariffs

A look at the day ahead in European and global markets from Wayne Cole. It looks increasingly clear that for President Trump, tariffs are mainly a convenient means of dominating the...

Wealth funds warm to active management - and China - to weather volatility, report shows

LONDON -The world's sovereign wealth funds are turning to active fund management and investments in China, while central banks are diversifying reserves to weather a volatile global environment, an...

Gazprom, CNPC discuss future Russian gas supplies to China

MOSCOW -The heads of Russia's Gazprom and China's energy company CNPC discussed future Russian gas supplies to China during talks in Beijing, Gazprom said on Friday, as Moscow seeks stronger ties...

Kyiv to allocate $6.2 million to drone interceptor program

KYIV -Kyiv will allocate 260 million hryvnias for a drone interceptor program to defend the capital's skies from Russian drones, city authorities said on Friday. Russia has stepped up...

White House slams Powell over Fed finances, project cost overruns

The White House on Thursday launched a fresh attack on Federal Reserve Chair Jerome Powell, with a top Trump administration official saying Powell had grossly mismanaged the central bank, chastising...

IMF says new US tariffs keep trade uncertainty running high

WASHINGTON -The IMF said on Thursday it was closely monitoring the latest U.S. tariffs announcements, saying uncertainty about the global economic outlook remained high and urged countries to work...

DAX Expected to Open Higher as Investors Eye US Jobs Data

In anticipation of key US economic data, calculations by banks and brokerage houses suggest that the DAX will open higher on Thursday. On Wednesday, the index reached a record high of 24,609.15...

Sterling steady as investors weigh BoE's financial stability report, tariff uncertainty

Sterling was little changed on Wednesday, as investors digested the Bank of England's half-yearly report on financial stability and assessed the potential impact of trade disputes on global economic...

Exclusive-Finland and Lithuania set to produce anti-personnel mines, officials say

VILNIUS/HELSINKI/TALLINN -Lithuania and Finland look set to start domestic production of anti-personnel landmines next year to supply themselves and Ukraine because of what they see as the military...

'Fortress Russia' has seized $50 billion in assets over 3 years, research shows

MOSCOW -Russian authorities have confiscated assets worth some $50 billion over the past three years, underscoring the scale of the transformation into a fortress Russia economic model during the war...

DAX Expected to Open Higher - Commerzbank in the Spotlight

The DAX is forecast to start Wednesday's session with gains, according to calculations by banks and brokerage houses. On Tuesday, Germany's benchmark index rose by 0.6 percent to 24,206 points....

Sterling gains broadly as Trump unveils tariff specifics

LONDON -The pound rose on Tuesday, gaining against the likes of the yen after the U.S. announced 25% tariffs on imports from Japan and South Korea, as investors gravitated towards markets that are at...

Dax Opens Slightly Higher as Trump Tariffs Remain in Focus

Dax investors have largely shrugged off the latest tariff announcements from U.S. President Donald Trump. The German benchmark index rose by 0.3 percent to 24,138 points at Tuesday's opening. The...

BRICS tariff to be applied only if they adopt policies deemed 'anti-American', source says

WASHINGTON -The Trump administration will not immediately impose a new 10% tariff against members of the developing nation BRICS bloc, but will proceed if countries take so-called anti-American...

DAX Investors Proceed Cautiously Ahead of Tariff Deadline

At the start of a week marked by the anticipated deadline in tariff negotiations with the United States, DAX investors are treading carefully. Germany's leading index opened Monday with a modest gain...

Stocks, dollar dip as Trump passes spending bill, trade deal deadline nears

LONDON -Stocks slipped on Friday as U.S. President Donald Trump got his signature tax cut bill over the line and attention turned to his July 9 deadline for countries to secure trade deals with the...

At Sintra getaway, central bankers mull threats to their domain

SINTRA, Portugal -At their annual gathering in the hills of Portugal's Sintra, central bankers this week confronted rising challenges to their control of the global money system, from political...

Sterling steadies after selloff, fiscal worries prevail

Sterling edged higher on Thursday, stabilising after fiscal concerns and uncertainty about Rachel Reeves' future as Britain's finance minister sparked a selloff across UK assets in the previous...

DAX Pauses Ahead of US Jobs Data as Investors Await Fed Signals

The uncertain interest rate trajectory of the US Federal Reserve put the brakes on the DAX on Thursday. Germany's blue-chip index managed to hold just above water at 23,824 points, while the...