The People’s Bank of China (PBOC) Governor Pan Gongsheng said on Wednesday that the Chinese central bank will rely less on loan growth targets and more on interest rate tools to guide policy.
The EUR/USD pair sticks to a negative bias for the fifth straight day and trades around the 1.1535-1.1530 area during the Asian session on Wednesday. Spot prices remain close to a one-month trough, touched on Monday, as…
A series of social media adverts for AI apps have been banned by a UK watchdog for promoting "the creation of sexually explicit content and objectification of women".
The UK’s dilapidated roads are expected to get even worse, with motorists warned to expect a jump in the number of potholes as result of the country’s hottest summer on record.
EUR/JPY gains ground for the third successive day, trading around 179.10 during Asian hours on Wednesday. Technical analysis of the daily chart shows the currency cross trading within a descending channel, keeping the o…
NZD/USD extends its losses for the third consecutive day, trading around 0.5750 during Asian hours on Wednesday. The currency pair faces downward pressure primarily due to a weakening New Zealand Dollar (NZD) following …
In late May, a chemical storage tank with more than 7,000 gallons of toxic material began heating up â fast. The tank belonged to GKN Aerospace, a company that supplies parts to the aviation industry, including aircra…
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is continuing its winning streak for the sixth consecutive day and trading around 99.70 during Asian hours on Wedn…
Eight-time Ballon d'Or winner Lionel Messi has been called up to the Argentine national team for his farewell match with the national squad. This was announced by the press office of the Argentine Football Association.
The AUD/USD pair declines to around 0.7120 during Asian trading hours on Wednesday. Expectations of a US interest rate hike provide some support to the US Dollar (USD) and act as a headwind for the pair. Traders brace f…
Japan’s July 2026 trade deficit widened to ¥634.5 billion due to soaring crude oil imports. However, the figure came in below market expectations, while robust exports of artificial intelligence (AI) chips helped lift t…
OpenAI boss Sam Altman thinks people should have more faith in his company and others like it to do the right thing when it comes to artificial intelligence (AI) development amid rising public concerns about all the ris…
The Mexican Peso (MXN) loses some ground against the US Dollar (USD) on Tuesday, with USD/MXN rising by over 0.09% amid a sour market mood and a stronger Greenback, ahead of the FOMC monetary policy decision on Wednesda…
USD/JPY climbed to 155.09 on Tuesday afternoon, up 74 pips or 0.48% on the session, extending a rebound from the seven-month yen high of 153.40 printed last Thursday. The pair traded at 155.17 early in the U.S. morning,…
The number of complaints made by households about water companies to the industry watchdog has risen by a record 84% in a year, driven by customer concern and confusion over rising bills.
USD/JPY trades near 155.20 on Tuesday, rising for a second straight day and pulling away from the roughly seven-month low it set last week. A firmer US Dollar (USD) is doing the work, helped by a sharp jump in Oil that …
John Healey is in talks with the Canadian government about joining a new global defence bank intended to help allies rearm to counter mounting security threats, just weeks after Rachel Reeves rejected the move.
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