News
Copper may hit new high as AI demand collides with deadly storms, strategists say
Deadly storms in Chile have disrupted mining operations, further straining supply and potentially driving prices higher, strategists say.
Oil industry sees war windfall but girds for political blowback
U.S. oil giants reported blowout profits at a time when lofty gasoline prices are stressing consumers and exacerbating President Donald Trump's worries about upcoming midterm…
Global Market: Weak yen lifts Japan's forex reserve surplus to $31 billion in FY25
Japan posted a 5.06 trillion yen ($31 billion) surplus in its special foreign exchange reserves account in FY2025, the second-highest on record, as a weaker…
Rupee rises 20 paise to 95.30 against US dollar in early trade
Rising for the fifth straight session, the rupee surged 26 paise to close at 95.50 against the US dollar on Thursday.
Thailand Cracks Down on USDT Transactions in Fight Against China-linked Criminal Networks
Bangkok has been evolving toward measures that target the financial infrastructure used by region-spanning criminal networks.
Vedanta share price target: Why brokerages see up to 24% upside after Q1 earnings?
Vedanta's net profit surged 72% year-on-year to Rs 5,473 crore. EBITDA also jumped 98% to a record Rs 8,469 crore. The company announced Arun Misra…
EU Announces New Sanctions Targeting Southeast Asia-Based Online Scam Networks
Cambodia's Prince Holding Group and the Democratic Karen Benevolent Army, a Myanmar-based rebel group, were among the targeted groups.
34 institutions face sanctions over forex rule violations
The Central Bank of Nigeria (CBN) is set to sanction 34 institutions for foreign exchange rule violations, as revealed in its 2025 Annual Report. Read…
South Korea conducts rare forex intervention alongside Japan, source says
SEOUL, July 31 : South Korea's foreign exchange authorities conducted a rare dollar-selling intervention on Thursday, sending the won to a nine-month high, a market…
Fed chooses not to change rates
WASHINGTON -- The Federal Reserve left its key interest rate unchanged Wednesday, although three officials dissented in favor of higher rates as the central bank…
BMW CEO vows to overhaul business after disappointing first half
The company's forecast range of 1% to 3% for its core operating margin includes a 1.25 percentage-point burden from workforce restructuring, finance chief Walter Mertl…
Finance ministry calls for faster policy action to sustain growth amid global uncertainty
India's finance ministry stressed faster policy responses and stronger implementation for investment. The economy shows resilience despite global challenges and mounting uncertainties. Rising crude oil…