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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.
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.
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'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.
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.
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.
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).
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.
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.
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'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.
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'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 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 were mixed and gold hit another record high Wednesday as trade war worries cast a shadow and geopolitical concerns returned to the fore.
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.
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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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.
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 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.
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.
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.
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.
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 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.
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 operator Eutelsat is under the spotlight like never before because of fears that Elon Musk's Starlink could pull its crucial service from Ukraine.
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 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.
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.