Analysis: Currencies

Fed minutes show broad sense US risks tilted towards higher inflation, slower growth

WASHINGTON -U.S. Federal Reserve policymakers were nearly unanimous at their meeting last month that the U.S. economy faced risks of simultaneously higher inflation and slower growth, with some...

BOJ sticks to rate-hike stance but signals pause on US tariff risks

Bank of Japan Governor Kazuo Ueda said the central bank must scrutinise without preconception whether the economy is on track to meet its projection, suggesting the chance of a pause in interest rate...

Brazil regulator authorizes fresh 7,500 Starlink satellites to operate locally

SAO PAULO -Brazil's telecommunications regulator Anatel authorized Elon Musk's SpaceX to add 7,500 new Starlink satellites to operate in the Latin American nation, the watchdog said on Tuesday. ...

Japan's bankruptcy filings hit 11-year high in FY2024/25, TSR tally shows

Japan's bankruptcy filings in fiscal 2024 totalled 10,144, the most in 11 years, credit research firm Tokyo Shoko Research said on Tuesday, amid rising uncertainties around the Bank of Japan's rate...

EU finance ministers to discuss tariff impact on economy

European Union finance ministers will discuss on Friday how to tackle the expected blow to Europe's economic growth from tariffs imposed by the United States on EU goods, the chairman of the meeting...

Argentina's zombie mortgage market is coming back to life

Argentina's mortgage market, for years almost non-existent due to spiraling triple-digit inflation and high borrowing costs, is starting to show signs of coming back to life under the pro-market...

BOJ says uncertainty for Japan economy growing as Trump tariffs rock markets

TOKYO -The Bank of Japan said uncertainty over Japan's economy was growing as some firms worried about the hit to profits from higher U.S. duties, a sign that President Donald Trump's sweeping...

Netanyahu says will seek relief from tariffs in meeting with Trump

Israeli Prime Minister Benjamin Netanyahu said on Sunday he hopes U.S. President Donald Trump will ease tariffs imposed on Israel when the two meet in Washington this week. Under a...

US dollar recovers, Aussie hits five-year low after China tariff retaliation

NEW YORK -The U.S. dollar rebounded against major currencies such as the euro and yen on Friday after Federal Reserve Chairman Jerome Powell acknowledged the repercussions of larger-than-expected...

Trump says 'perfect time' for Fed to cut interest rates

WASHINGTON -U.S. President Donald Trump on Friday called on Federal Reserve Chairman Jerome Powell to cut interest rates, saying it was the perfect time to do so. CUT INTEREST RATES,...

US egg imports meant to drive prices down could be hit by tariffs

U.S. President Donald Trump's new tariffs could apply to eggs being imported to ease a supply shortage, Agriculture Secretary Brooke Rollins said on Thursday, a move that industry experts said could...

Fed seen waiting until June to start rate cuts, after big job gains last month 

The Federal Reserve is seen waiting until June to start cutting interest rates after a government report showed stronger than expected jobs growth last month that eased concern about the state of the...

Sanctioned Russia escapes immediate US tariff hit, braces for long-term impact

MOSCOW -The Russian economy, mainly insulated from Western markets by sanctions, has escaped immediate damage from sweeping U.S. tariffs but the Kremlin said on Friday it needs to take extra measures...

Trump tariffs may delay, but won't derail, Japan rate hikes

New U.S. tariffs announced by President Donald Trump may delay, but likely won't derail, the Bank of Japan's plan to raise interest rates further as policymakers seek to avoid renewed yen falls that...

US tariffs risk slowing global growth significantly, ADB chief economist says

The United States' sweeping new tariff regime risks slowing both U.S. and global growth, shrinking export markets and potentially prompting a Federal Reserve response, the Asian Development Bank's...

Dollar sinks as investors grapple with tariff aftermath

The U.S. dollar sank against major peers on Thursday, dropping to six-month lows against the euro, and the safe haven yen and Swiss franc, as investors grappled with how U.S. President Donald Trump's...

Trump tariffs draw global promises of counter measures

Governments around the world pledged counter measures on the U.S. after President Donald Trump unveiled on Wednesday a new baseline 10% tariff on goods from all countries plus reciprocal tariffs on...

China stocks, yuan tumble after bigger-than-expected Trump tariffs

China's yuan dropped to its lowest level in seven weeks and stock markets slumped on Thursday after U.S. President Donald Trump unveiled a sweeping set of reciprocal tariffs that were particularly...

What's in Trump's sweeping new reciprocal tariff regime

U.S. President Donald Trump smashed a more than 75-year-old global trading system with a new baseline 10% U.S. tariff on goods from all countries and higher reciprocal tariff rates for countries that...