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BoJ Summary of Opinions: Member says suitable to keep hiking as conditions remain accommodative
The Bank of Japan (BoJ) published the Summary of Opinions from the June monetary policy meeting, wit...
Australian Dollar tumbles as risk aversion and Fed bets lift the USD
The Australian Dollar collapsed by over 1.20% on Tuesday as risk aversion favoured flows into the Gr...
Hormuz closure strands almost 1,200 cargo ships with $125bn worth of goods
‘Unprecedented’ blockade of the strait raises concerns about the future of global maritime trade, sa...
Trump loses his trade superpower
‘Tariff man’ wants to recover from a wounding Supreme Court ruling. But Congress is restive and voters are unhappy
Zelenskyy’s former chief of staff targeted in major corruption probe
Ukrainian authorities serve Andriy Yermak with an official notice that he is a suspect in $100mn graft scandal
Nadella says the attempt to remove Altman from OpenAI was ‘amateur city’
Microsoft chief explains his decision to back AI lab’s boss in 2023 coup attempt during testimony in Elon Musk’s lawsuit
Adviser fees hit $80mn and counting in Spirit Airlines bankruptcy
Current liquidation and prior restructuring procedure have cost more than $110mn combined
Trump says Iran ceasefire is on ‘life support’
US president rejects Iranian proposal for temporary peace deal ahead of trip to China
Two cruise ship evacuees test positive for hantavirus
Virus detected in passengers from US and France hours after being removed from MV Hondius
China expanding its industrial dominance, warns US business group
Chamber of Commerce says west is running out of time to sever its growing reliance on Chinese supply chain
Europe’s oil majors reap up to $4.75bn from trading on Iran war volatility
Trading desks at BP, Shell and TotalEnergies outshine US rivals
Top ECB official attacks German opposition to UniCredit’s bid for Commerzbank
Central bank’s outgoing vice-president Luis de Guindos says Berlin’s intervention goes ‘against spirit of single market’
How AI mania is disguising big companies’ hit from Iran war — in charts
Biggest groups have gained $5.4tn in value since conflict began — but semiconductor sector accounts for most of the gains
China fixes currency at 3-year high ahead of Trump-Xi meeting
Data meanwhile shows deflationary pressures easing in world’s second-largest economy
Trump’s war has given China an economic opening
Beijing could turn instability in the Middle East into a strategic gain