- 24 April 2025
- EFT Reporter
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…
Read More- 24 April 2025
- EFT Reporter
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…
Read More- 24 April 2025
- EFT Reporter
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…
Read More- 23 April 2025
- EFT Reporter
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…
Read More- 23 April 2025
- EFT Reporter
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…
Read More- 23 April 2025
- EFT Reporter
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…
Read More- 23 April 2025
- EFT Reporter
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…
Read More- 22 April 2025
- EFT Reporter
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…
Read More- 9 April 2025
- EFT Reporter
Yuan falls to 2007 lows as US tariffs on China kick in
China’s yuan ended at its weakest level in more than 17 years on Wednesday after its offshore counterpart fell to a record low overnight, as an escalating Sino-U.S. trade war…
Read More- 7 April 2025
- EFT Reporter
US crypto stocks plunge as bitcoin hits new 2025 low
U.S.-listed shares of crypto companies tumbled before the markets opened on Monday, mirroring a sharp drop in bitcoin as escalating tariff tensions and fears of a global trade war triggered…
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