
Bessent signals strong chance of BOJ rate hike in September to strengthen yen
US Treasury Secretary Scott Bessent said Japan's government and central bank are likely to act toward a stronger yen, with a Bank of Japan interest ra
Markets, central banks, energy, trade and the cost of living.

US Treasury Secretary Scott Bessent said Japan's government and central bank are likely to act toward a stronger yen, with a Bank of Japan interest ra

Starting Thursday, the European Union is blocking Brazilian meat and other animal products, saying Brazil has not met EU standards on livestock antibi

The United States invited Russia to a G20 finance ministers meeting in Asheville, North Carolina on Monday but barred some journalists from attending,

U.S. Treasury Secretary Scott Bessent said Japan's government and central bank are poised to take steps that will strengthen the yen, suggesting an in

The videogame retailer said Monday that second-quarter net sales will likely fall to between $780 million and $800 million from $972.2 million a year

The fast-fashion retailer's stock fell sharply in gray-market trading Monday, one day before its Hong Kong Stock Exchange listing. Shein raised $1.7 b

Turkey's economy expanded 2.3% year-over-year in the second quarter of 2026, official data showed Monday, falling short of economist expectations of 2

Financial Stability Board Chair Andrew Bailey identified AI's impact on cyber risk as the most pressing threat to the global financial system, warning

The chief executive of India's largest private lender announced he will not seek reappointment. Shares of HDFC Bank rose on the news, with investors v

US Treasury Secretary Scott Bessent said recent yen movements were "pretty well contained" and not the kind of disorderly moves that prompted a rare j

The dollar steadied near a two-week high on Monday after Federal Reserve Chair Kevin Warsh said on Friday the central bank would need to do more if in

Japan's Nikkei index dropped more than 2% at the opening of trading Monday after the United States and Iran exchanged attacks in the Middle East for t

US Treasury Secretary Scott Bessent said the United States will unveil new secondary sanctions targeting Iran every week, starting with banks. The Tre

Markets across Asia retreated on Monday following U.S. strikes on Iranian launchers at Larak island, pushing crude prices up and raising concerns abou

Treasury Secretary Scott Bessent announced that another bank will face sanctions this week as part of efforts to restrict Iran transactions. The campa

U.S. Treasury Secretary Scott Bessent characterized recent yen movements as orderly and well-contained. He believes Bank of Japan Governor Kazuo Ueda,

U.S. Treasury Secretary Scott Bessent is using a G20 meeting in Asheville, North Carolina this week to press finance leaders to reduce trade imbalance

US President Trump said oil from a deal with Venezuela will replenish the Strategic Petroleum Reserve, which has fallen to approximately 290 million b

The US Treasury has blocked Banque Misr's UAE branches from accessing dollar transactions due to the bank's Iran dealings. In response, the central ba

Aon is close to acquiring the insurance brokerage USI Insurance from KKR in a deal valued at roughly $17 billion. The transaction would represent a ma

President Donald Trump said the United States will use Venezuelan oil to replenish its strategic petroleum reserves, which he described as 'virtually

Venezuelan interim President Delcy Rodríguez announced a 25-year bilateral oil agreement with the United States covering 17 strategic oilfields. The a

Prime Minister Anwar Ibrahim announced steps to address rising living costs on Sunday, including restoring higher subsidised fuel quotas and increased

Venezuela's interim leader Delcy Rodriguez said the country retains ownership and control of its resources under a new agreement that gives the U.S. m