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US stocks climb after Fed decision, gold hits fresh high
US stocks jumped while European indexes were mixed Wednesday as the Federal Reserve held interest rates steady after a policy meeting -- and gold hit a new record as geopolitical concerns returned to the fore.
US Fed holds rates again, flags increased economic uncertainty
The US Federal Reserve paused interest rate cuts again on Wednesday and noted an increase in economic uncertainty, as it navigates an economy unnerved by President Donald Trump's stop-start tariff rollout.
Stock climb before Fed decision, gold hits fresh high
European and US stocks mostly rose on Wednesday a Fed rate decision, while gold set a new record high as geopolitical concerns returned to the fore.
UniCredit CEO says prepared to wait on Commerzbank decision
UniCredit's chief executive said Wednesday he could wait until 2027 to determine whether a takeover of Germany's Commerzbank made sense for Italy's second-largest bank.
Santander to close one fifth of UK branches amid online switch
Spanish bank Santander announced Wednesday plans to close one fifth of its UK branches, impacting 750 jobs, as the switch to online banking gathers pace.
Stock markets diverge, gold hits high tracking global unrest
European and Asian stock markets traded mixed and gold hit another record high Wednesday as trade war worries cast a shadow and geopolitical concerns returned to the fore.
China's Tencent sees profits surge as AI drive accelerates
Chinese internet and gaming giant Tencent said on Wednesday that profits in the fourth quarter of 2024 surged 90 percent as the firm accelerates a push into artificial intelligence (AI).
Myanmar relief camps receive last WFP aid as cuts begin
Distraught Myanmar relief camp dwellers received final handouts from the World Food Programme on Wednesday as the UN agency begins halting aid to a million people in the country because funding has dried up.
Markets mixed as geopolitics, trade wars deplete sentiment
Equity markets were mixed and gold hit another record high on Wednesday as trade war worries cast a shadow and geopolitical concerns returned to the fore.
Bank of Japan holds rates and warns of trade uncertainty
The Bank of Japan left its key interest rate unchanged Wednesday and warned about the economic outlook amid global uncertainty fuelled by Donald Trump's trade war.
Uganda: the quiet power in the eastern DRC conflict
Uganda's role in eastern DR Congo has largely gone under the radar during recent violence but its complex approach aims to secure long-standing security and economic interests in the mineral-rich area, experts say.
In US, a pastry chef attempts to crack an egg-free menu
Since avian flu turned eggs into a luxury item, pastry chef Annie Clemmons has spent countless hours in her Maryland workshop, racking her brains about how to replace them in her recipes.
Ecuador declares 'force majeure' emergency, cuts exports over oil spill
Ecuador's state-owned oil company declared an emergency over a damaged pipeline and cut crude exports on Tuesday following a spill that polluted several rivers, leaving hundreds of thousands of people without drinking water, authorities said.
Malaysia's Silicon Valley ambitions face tough challenges
Malaysia is making great strides in its effort to become a major player in the global semiconductor industry as it looks to capitalise on a surge in demand driven by the AI explosion but analysts warn it faces headwinds.
Asian markets mixed as geopolitics, trade wars deplete sentiment
Asian markets were mixed and gold hit another record high Wednesday as trade war worries cast a shadow and geopolitical concerns returned to the fore.
Bank of Japan holds rates, warning of trade uncertainty
The Bank of Japan left its key interest rate unchanged Wednesday in a widely expected move given the global economic uncertainty fuelled by US trade tariffs.
Bank of Japan expected to hold rates
The Bank of Japan is widely expected to keep interest rates unchanged in a Wednesday policy decision, with analysts pointing to economic uncertainty fuelled by US trade tariffs.
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Senergia UG is Your Partner for Business Expansion in the EU
His Highness Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan Announces Strategic Partnership With Diginex (NASDAQ:DGNX)
Nomas Announces Strategic Partnership With Diginex (NASDAQ:DGNX) for ADX Dual Listing, USD$250M Capital Injection to Advance Sustainable Finance in the UAE
US to produce tariff 'number' for countries on April 2: Bessent
Washington is expected to present US trading partners on April 2 with a number representing their tariff and other barriers, as it unveils reciprocal levies tailored to each country, US Treasury Secretary Scott Bessent said Tuesday.
Geopolitical tensions buffet markets as gold hits record
Global stocks diverged while gold hit a record high on Tuesday as investors juggled geopolitical concerns with renewed violence in Gaza and a high-stakes US-Russian presidential phone call.
Ecuador battles spreading oil slick, residents without water
Ecuador battled a spreading oil slick Tuesday that has reached several rivers after a spill left thousands without drinking water and triggered the declaration of an environmental emergency.
Germany's Siemens to cut over 6,000 jobs worldwide
German industrial giant Siemens said Tuesday it planned to cut over 6,000 jobs worldwide due to weak demand and increasing competition in China and in its home market.
Hong Kong's bamboo scaffolds on their way out
The sight of Hong Kong's high-rises encased in bamboo scaffolding may soon become a rarity after officials announced plans to replace the ancient technique with metal.
Bessent says nations may avoid US reciprocal tariffs by halting unfair barriers
US Treasury Secretary Scott Bessent on Tuesday said Washington could hold off reciprocal tariffs for countries that halt practices it deems unfair, adding that officials will produce a list of levies on April 2.
Geopolitical tensions buffet markets
Global stocks diverged on Tuesday as investors juggled geopolitical concerns as US President Donald Trump and Russian leader Vladimir Putin were set to hold talks.
Google says to buy cybersecurity company Wiz for $32 bn
Google said Tuesday it will acquire cloud security platform Wiz for $32 billion, citing the need for greater cybersecurity capacity as artificial intelligence embeds itself in technology infrastructure.
Huthis announce new attack on American warships, fresh US strikes
Yemen's Huthis said on Tuesday they carried out their third attack on American warships in 48 hours, following US strikes on the Iran-backed rebels that sparked mass protests in areas under their control.
European satellite group ready to step up for Kyiv's military: CEO
European satellite operator Eutelsat is under the spotlight like never before because of fears that Elon Musk's Starlink could pull its crucial service from Ukraine.
Markets track Wall St gains as tech inspires Hong Kong
Asian and European equity markets rallied on Tuesday following another positive day on Wall Street stoked by US data that eased recession fears, while Chinese tech firms helped propel another surge in Hong Kong.
German parliament to vote on huge spending boost for defence, infrastructure
German lawmakers will vote Tuesday on a massive spending boost for defence and infrastructure proposed by chancellor-in-waiting Friedrich Merz amid concern over the United States' commitment to Europe's security.
China EV giant BYD soars after 5-minute charging platform unveiled
Shares in Chinese EV giant BYD surged to a record high Tuesday after it unveiled new battery technology it says can charge a vehicle in the same time it takes to fill up a petrol car.