Emboldened by the prospect of a friendlier Trump administration, Wall Street banks are ramping up efforts to overhaul US capital rules. In a Reuters report, industry executives reveal an ambitious lobbying agenda, targeting reforms to the “Basel Endgame” capital rule, reductions in global bank surcharges, adjustments to leverage constraints, and…
A slim majority of economists surveyed by Reuters believe the US Federal Reserve will hold its key interest rates…
Donald Trump, the US president-elect, announced on his social media platform, Truth Social, that he had a “very good”…
The US Supreme Court has upheld the law mandating China-based ByteDance to divest its ownership of TikTok by Sunday,…
Global gold prices surged 27% in 2024, driven by central bank interest rate cuts and a rise in safe-haven…
The International Monetary Fund (IMF) has suggested that European Union (EU) companies could enhance their competitiveness against their US…
Hindenburg Research, the prominent US-based short-selling firm known for targeting high-profile companies such as the Adani Group, is set…
South Korea’s economy is deteriorating, squeezed by political instability and a weakening currency. The won has lost over 12%…
As the US navigates its trade relationship with China, one of the most significant players shaping this dynamic is…