RBI delivers steepest rate cut in 5 years: experts weigh in on the possibility of more cuts
The Reserve Bank of India on Friday lowered its key repo rate by 50 basis points, a larger-than-expected move that…
Musk, Trump dial back feud as White House aides push for truce
Could the very public clash between US President Donald Trump and Tesla CEO Elon Musk already be heading toward a…
A new era in US politics? Donald Trump vs Elon Musk and the rise of platform power
What started as a high-profile partnership between a president and the world’s richest man has collapsed into a live-streamed feud. …
China’s May export growth seen slowing to 5.0% amid trade uncertainty: Reuters poll
China’s export growth is anticipated to have moderated in May, even as a temporary reduction in US tariffs on Chinese…
US aluminium tariffs threaten European scrap shortages, impacting copper market
US aluminium tariffs threaten to trigger a critical shortage of aluminium scrap in Europe, jeopardising secondary production. European Aluminium had…
Russia cuts interest rates for first time since 2022 as inflation eases
Russia’s central bank lowered interest rates for the first time in nearly three years on Friday, as inflation shows signs…
Emerging market assets poised for gains as US dollar weakens, says BofA
Emerging market assets are capturing the attention of investors as potential opportunities for significant returns. According to a recent analysis…
FCA moves to lift retail ban on crypto ETNs to boost UK market competitiveness
The UK’s Financial Conduct Authority (FCA) has proposed lifting its longstanding ban on retail investors buying exchange-traded products (ETPs) tied…
What a war with President Trump could cost Elon Musk’s business empire
The once-close alliance between Elon Musk, the billionaire entrepreneur behind Tesla and SpaceX, and President Donald Trump has unraveled into…
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…