Reform UK has been given a further £4m from the British crypto billionaire Ben Delo, with the party saying it is confident the businessman – who was formerly based in Hong Kong – will not be caught by the new overseas d…
A survivor of child sexual abuse has sued Elon Musk ’s artificial intelligence company, alleging that its chatbot used pictures of her abuse to generate new illegal pornographic images that depict her.
The global monetary landscape has long hinged on the symbiotic relationship between oil and the US dollar, a system commonly referred to as the petrodollar regime. Since the 1970s, oil has been almost exclusively priced…
Gold (XAU/USD) extends its rebound on Thursday after slipping below $4,300 to a nearly four-week low on the previous day. A sharp rally in the Japanese Yen (JPY) weighs on the US Dollar (USD), while a pullback in US Tre…
GBP/USD edges lower after opening at a bullish gap, remaining within positive territory and trading around 1.3290 during the Asian hours on Tuesday. The currency pair is under pressure as the US Dollar (USD) stabilizes,…
Homeowners in the UK are braced for a jump in mortgage rates, driven by higher inflation and interest rate increase expectations amid turmoil in the global bond markets.
Thirty-six businesses in Northern Ireland, including a care provider, hotels and solicitors, have been named for failing to pay their employees the minimum wage, according to the Department for Business and Trade (DBT).
The FCA has decided to ban Daniel Thomas from working in financial services and fine him £742,700 after finding he recklessly gave defined benefit pension transfer advice he was neither qualified nor allowed to give.
A historic bond issuance frenzy driven by the artificial intelligence arms race is pushing the global investment-grade bond market to its limits. On July 13 local time, US semiconductor stocks and AI concept shares suff…
The British housebuilder Crest Nicholson has warned of a surprise loss this year as it bemoaned difficult trading in a “subdued” property market.
At the end of one chaotic year and the threshold of another that could be equally turbulent, Hawaiʻi’s people, institutions and economy remain fairly resilient, though vulnerable to developments beyond its borders. The …
New York – For those unsettled by the relentless rise in government bond yields in the US and across much of the world lately, the message from markets is getting clearer by the day: Get used to it.
The S&P 500 (^GSPC +0.46%) fell 0.17% to 7,786, the Nasdaq Composite (^IXIC +0.45%) lost 0.28% to 26,729, and the Dow Jones Industrial Average (^DJI +0.56%) slipped 0.20% to 53,732 as disappointing economic data stalled…
Japan’s top currency diplomat Atsushi Mimura reiterates on Thursday that authorities remain ready to act in the foreign exchange market, as Tokyo continues to closely monitor currency moves.
Derek Halpenny at MUFG notes the Canadian Dollar’s (CAD) immediate advance after the Bank of Canada left rates unchanged at 2.25% but signalled greater concern over inflation. Communications hinted at a possible earlier…
Hundreds of North Sea workers are still too heavy for offshore helicopter travel less than two months before new rules come into force, BBC Scotland has learned.
The Japanese Yen (JPY) loses some strength early Friday after rallying in the American session on Thursday, possibly fuelled by a foreign exchange market intervention by Japanese authorities. Later in the session, preli…
USD/JPY extends its losses for the second consecutive day, trading around 156.80 during the European hours on Thursday.
On Thursday, we’ll get the latest read on the US service sector when the Institute for Supply Management (ISM) publishes its August gauge. Consensus points to a marginal improvement to 54.3 from July’s 54.1. If confirme…
The FX space was shaken by a sharp move in USD/JPY yesterday, which prompted intervention fears. Today’s calendar includes US ISM services. Our view remains that risks are mostly on the upside for the dollar. Czech wage…
The London mayor has formally opposed plans for a third runway at Heathrow Airport, arguing the expansion threatens environmental targets and transport networks.
Londoners are now able to hire self-driving taxis for the first time, after rides in Wayve’s autonomous vehicles were added to the Uber app on Thursday.
USD/JPY has extended its winning streak to a fifth consecutive session on Friday, advancing 0.11% to 158.55 and printing intraday highs near 158.60 as the synchronized global bond rout has reshaped every cross-rate rela…
US Defense Secretary Pete Hegseth is extending troop deployment timelines across the Middle East, signaling the conflict could drag into 2027, the Wall Street Journal reported on Thursday.