Outsize U.S. bets delivered foreign investors years of windfall profits, but have left them exposed to this year’s reversal.
“The Scandi currencies are simply the euro on steroids,” said Kamal Sharma, an FX strategist at Bank of America. Germany’s huge spending plan — which has fuelled hopes of a boost to European growth — ...
Submarine tragedy is latest blow for Egypt’s tourism - The Red Sea is a major hub for the country’s crucial tourism industry ...
A sovereign wealth fund is a state-run investment vehicle that uses surplus funds to invest in a country's future. Learn how ...
The drastic cuts announced by the Trump administration to USAID as well as those by European countries are undermining almost ...
Raisina Chronicles reflects on the Dialogue’s journey and brings to its readers a single volume containing thorough insights ...
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and its partners, Equinor and Shell, announce the Final Investment Decision (FID) of the second phase of the Northern Lights development, which will ...
St. Louis Fed president Alberto Musalem said Wednesday that he isn't convinced inflation stemming from higher tariffs on imports to the U.S. would be entirely temporary and said he is more concerned ...
After months of raising hopes that Norway’s relatively high interest rates would finally be cut, the country’s central bank ...
The policy rate has been at 4.5% since December 2023 and has helped to dampen inflation from its peak, but a recent increase in prices means inflation remains markedly above target, while a rapid rise ...
Norway’s central bank delayed a long-communicated cut in borrowing costs until later this year as officials responded to a ...
OSLO (Reuters) - Norway's central bank kept interest rates on hold at a 17-year high of 4.50% on Thursday, in line with most ...