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Search Result for “Federal Reserve”

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OPINION

Can financing for development talks succeed?

News, Published on 17/06/2025

» It is easy to be pessimistic about multilateralism nowadays. Recent international gatherings have yielded only unfulfilled promises. At a time when US President Donald Trump is abandoning America's international commitments, rejecting multilateral initiatives, and sowing chaos and confusion in global trade, can the Conference on Financing for Development (FfD4) at the end of this month go any better?

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OPINION

Why US Treasury yields are rising

Oped, Published on 16/06/2025

» Sovereign bond yields have been rising sharply around the world, driven by growing concerns over US President Donald Trump's economic policies and an increasingly uncertain global outlook. In less than a month, the yield on 10-year Treasuries jumped by 50 basis points to 4.6%. And in May alone, the 30-year Treasury rate rose by 30 basis points, briefly topping 5%.

GENERAL

Stocks fall, oil jumps after Israeli strikes on Iran

Business, Published on 14/06/2025

» RECAP: Stocks fell in most Asian markets yesterday and oil prices jumped as investors rushed to safe-haven assets after Israel attacked Iran's nuclear sites in a major escalation of tensions in the Middle East.

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INVESTMENT

Traders bullish on gold at $4,000 in 3-5 years

Business, Nuntawun Polkuamdee, Published on 09/06/2025

» Gold prices are expected to continue climbing to US$4,000 an ounce in the medium term, driven by intensifying geopolitical tensions and a shift towards lower interest rates globally, says trader YLG Bullion and Futures.

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WORLD

LA unrest marks latest clash of US presidents, states over National Guard

AFP, Published on 09/06/2025

» WASHINGTON - Donald Trump's deployment of California's National Guard marks the first time in decades that a US president openly defied a state governor and sent troops to an emergency zone.

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WORLD

Trump sends military force to LA over immigration protests

AFP, Published on 08/06/2025

» LOS ANGELES (UNITED STATES) - National Guard troops began arriving in Los Angeles early Sunday after being ordered there by US President Donald Trump, a rare deployment against the state governor's wishes after sometimes violent protests against immigration enforcement raids.

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OPINION

Mar-a-Lago accord may aid China

News, Yao Yang, Published on 07/06/2025

» The provisional trade deal reached by China and the United States in Geneva last month exceeded expectations, with the two sides agreeing to roll back for 90 days the majority of tariffs and other countermeasures they had imposed in the preceding weeks.

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GENERAL

ECB cuts rates again but pause seen ahead

AFP, Published on 05/06/2025

» FRANKFURT - President Christine Lagarde said the European Central Bank was in a "good place" to deal with global uncertainty as it cut interest rates again on Thursday, fuelling expectations it might soon hit pause after a lengthy easing cycle.

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WORLD

Trade war stifling global economic growth, says OECD

AFP, Published on 03/06/2025

» PARIS - The OECD slashed its annual global growth forecast on Tuesday, warning that US President Donald Trump's tariffs blitz will stifle the world economy -- hitting the United States especially hard.

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GENERAL

Shares retreat as more tariff uncertainty looms

Business, Published on 31/05/2025

» RECAP: Asian shares fell on Friday as the euphoria over a US court ruling blocking President Donald Trump's sweeping tariffs wore off, giving way to concerns about prolonged economic uncertainty while Trump challenges the decision.