Indian rupee’s performance contrasts Asian peers; eyes US trade deal for direction
The Reserve Bank of India (RBI) surprised markets in June with a larger-than-expected 50 basis point rate cut, bringing the…
Is the US about to pass the most industry-friendly crypto law yet?
Before the elections, the cryptocurrency industry was characterized by scrutiny, strict policies, and lawsuits. But things are changing rapidly. This…
Trump targets Musk’s subsidies amid escalating feud over ‘Big Beautiful Bill’
US President Donald Trump on Tuesday escalated his ongoing feud with Elon Musk by suggesting that the Department of Government…
Euro zone inflation hits 2% in June, prompting rate pause forecasts
Euro zone inflation returned to the European Central Bank’s target of 2% in June, marking a key milestone in the…
Europe fastest-warming continent, triggering earlier and longer heatwaves
Europe continued to be gripped by a severe heatwave on Tuesday, leading to widespread health alerts. In France, over a…
Copper price surge signals strain, but no acute shortage yet
The copper market is flashing warning signs of scarcity with spot prices on the London Metal Exchange trading well above…
HSBC raises 2025 and 2026 gold price forecasts amid fiscal risks
Citing elevated risks and government debt, HSBC increased its average gold price forecast for 2025 to $3,215 an ounce from…
Tesla shares plunge after Trump calls to evaluate Musk’s subsidies
Shares of Tesla (TSLA) faced significant pressure on Tuesday after President Donald Trump, in a late-night social media post, called…
Powell says Trump tariffs delayed rate cuts despite cooling inflation
Fed Chair says US interest rates would be lower if not for Donald Trump’s tariff plan. Federal Reserve Chair Jerome…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…