Japanese Finance Minister Shunichi Suzuki speaks during the presidency press conference at the G7 meeting of finance ministers and central bank governors, at Toki Messe in Niigata, Japan, on May 13, 2023. Pool | Via Reuters Japanese Finance Minister Shunichi Suzuki on Friday backed currency interventions by his country’s policymakers if the yen moved in … Read more
Findlay Kember | AFP | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. The big story It was a tale of two European … Read more
Borge Brende, president of the World Economic Forum, gave a stark outlook for the global economy saying the world faces a decade of low growth if the right economic measures are not applied. Speaking Sunday at WEF’s “Special Meeting on Global Collaboration, Growth and Energy for Development” in Saudi Arabia, he warned that global debt … Read more
Solar panels stand at the Welspun Energy solar power plant in Neemuch, Madhya Pradesh, India. Vivek Prakash | Bloomberg | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what … Read more
A Japanese 1,000 yen banknote sits on a pile of South Korean won banknotes for an arranged photograph at a Woori Bank Co. branch in Seoul, South Korea. SeongJoon Cho | Bloomberg via Getty Images Bank of America is bearish on a slew of Asian currencies and neutral at best on others, as the investment … Read more
Markets kept their cool on Monday amid a fast-moving and volatile geopolitical landscape in the Middle East — but the longer-term risk premium has likely risen, while oil prices remain on edge, analysts said. Iran launched more than 300 drones and missiles against military targets in Israel on Saturday, marking the first direct attack on the Jewish … Read more
People shelters from the rain beneath a Union flag-themed umbrella as they walk past spring flowers in blossom, in St James’s Park in central London on April 10, 2024. Justin Tallis | Afp | Getty Images LONDON — U.K. gross domestic product rose 0.1% in February, the Office for National Statistics said on Friday, providing … Read more
A bitcoin is on a screen showing the Bitcoin-U.S. dollar exchange rate. Fernando Gutierrez-Juarez | picture alliance | Getty Images Bitcoin fell for a second day to start the new month and quarter, amid rising Treasury yields and strength in the U.S. dollar. The flagship cryptocurrency fell more than 6% on Tuesday to $65,150.00, bringing its … Read more
As the sunsets, a ferry boat glides across the waters of the Golden Horn with the Suleymaniye Mosque and the city of Istanbul, Turkey in the background. Vw Pics | Universal Images Group | Getty Images Turkish President Recep Tayyip Erdogan once said that whoever wins Istanbul wins Turkey. If that’s the case, the stakes … Read more
A man wearing a Diego Maradona t-shirt walks by the Argentine Central Bank on November 30, 2023 in Buenos Aires, Argentina. Tomas Cuesta | Getty Images News | Getty Images Argentina is in the grip of a profound economic crisis, and one veteran economist believes part of the solution is for President Javier Milei to … Read more
