Finance - Page 24

Wall Street is preparing for the risk of a liquidity crunch in the money markets at the end of the quarter. The accelerated issuance of US Treasury bonds in recent months has

The pound sterling fell 0.2% against the dollar in July to 1.3553 following the stagnation of the UK economy. However, the currency is poised for its second consecutive weekly rise, increasing by

The pound started the week evenly on Monday, remaining stable at $1.3513. It had risen 0.5% on Friday following the surprisingly weak US employment data, recording its biggest daily rally in two

The dollar fell to its lowest level in seven weeks on Tuesday. Investors anticipate that downward revisions to US employment data could reveal weakness in the labor market, potentially accelerating Fed interest

Unilever’s ice cream unit, led by Magnum, which it is preparing to split, forecasts an average annual 3-5% organic sales growth from 2026 onwards. The new company will include Magnum, Ben &

Taiwan’s August exports exceeded expectations, rising 34.1% to $58.49 billion. This marked the country’s fourth consecutive month of export record. Strong demand for AI and technology supported growth despite the 20% tariffs

Russian President Vladimir Putin, Chinese leader Xi Jinping and Indian Prime Minister Narendra Modi met at the Shanghai Cooperation Organization (SCO) summit in Tianjin, sending a remarkable message of solidarity. The summit

The Indian rupee hit a historic low of 88.33 against the dollar this week. However, according to a Reuters survey of currency strategists, sharper declines are not expected in the near term.

After two defeats in lower courts, US President Donald Trump is preparing to appeal to the Supreme Court to protect his emergency tariffs. However, according to experts, he faces difficult legal questions.