China’s shipments of rare earth magnets to the US fell sharply last month, according to official Chinese customs data released Sunday. Supply of the materials, critical to high-end
The Bank of Japan raised its benchmark interest rate to 1.25% on Friday, taking borrowing costs to their highest level in more than three decades and adding a
The Federal Reserve delivered its first rate hike since July 2023 on Wednesday, lifting the federal funds target range by 25 basis points to 3.75%-4% in a unanimous
On Thursday, the US State Department notified Congress of a potential sale of up to 48 F-35 fighter jets to Saudi Arabia, while oil prices fell about 2%
The Bank of England kept interest rates unchanged on Thursday but warned that a prolonged conflict in the Middle East could push inflation higher and force it to
The number of Americans filing new claims for unemployment benefits unexpectedly declined last week, offering another indication of resilience in the US labour market even as the Federal
The Federal Reserve is increasingly expected to raise interest rates by 25 basis points on Wednesday, after hotter-than-expected inflation and higher energy prices forced markets to rethink the
The European Union is considering a new form of relationship with Canada that could make Ottawa the bloc’s first associate member, marking a potentially significant shift in the
The Federal Reserve could deliver its first interest-rate hike since 2023 this week, but the bigger shock for markets may now be if it does nothing. Traders are
US markets are heading into this week’s Federal Reserve decision largely prepared for a quarter-point interest-rate increase. Morgan Stanley thinks investors may be paying too much attention to