Markets long for more signal, less noise on trade
A look at the day ahead in European and global markets from Wayne Cole. It’s been a blessedly quiet start to the week, with President Trump more engrossed on his…
Finance Minister reverses 0.5% VAT hike
JUST IN: Minister of Finance Neal Rijkenberg has reversed the decision to increase Value Added Tax (VAT) by 0.5 per cent from May 1, 2025, hardly 24 hours after Members…
US weekly jobless claims increase moderately amid low layoffs
The number of Americans filing new applications for unemployment benefits rose marginally last week, suggesting the labor market remains resilient despite darkening clouds over the economy caused by tariffs on…
Trump trade war is wrecking hope for 2025 US trucking rebound
U.S. truckers are moving record volumes of auto parts, appliances and sneakers after their customers stocked up ahead of President Donald Trump’s tariffs, but an industry slowdown looms as those…
Cryptocurrency campaigners call for Swiss central bank to hold
Cryptocurrency campaigners have stepped up calls for the Swiss National Bank to buy bitcoin, saying the global economic turmoil triggered by U.S. President Donald Trump’s tariffs made it more important…
Ex-FIFA Council member and Mali football chief released from jail
A former member of the FIFA Council, Mamoutou Toure, has been released from jail in Mali after almost two years in detention for alleged corruption, Malian media reports said on…
Japan lawmakers urge pension fund to invest in domestic private equity
A group of Japan’s ruling party lawmakers on Wednesday called on the country’s top public pension fund GPIF to expand investment in domestic private equity and venture capital funds to…
Britain posts much bigger budget deficit for 2024/25 than expected
Britain’s government borrowed almost 15 billion pounds more in the financial year that just ended than official budget forecasters had estimated a month ago, according to data that heaped more…
Stocks, dollar gain after Trump backtracks on remarks over Fed
European stocks rebounded on Wednesday, as investors drew some relief from U.S. President Donald Trump saying he had no plans to fire the head of the Federal Reserve, and hinting…
Investors fear Trump’s attacks on Powell will pile on pain
Investors are fearful of a deep hit to asset prices if U.S. President Donald Trump attempts to fire Federal Reserve Chair Jerome Powell, undermining confidence in the central bank’s ability…