Yen jumps on suspected intervention, sterling hits one-year high

By Rae Wee and Dhara Ranasinghe SINGAPORE (Reuters) -The yen rose sharply on Wednesday in what traders suspected was likely the result of yet another intervention from Japanese authorities to…

Sponsorship and Beyond: Neo Partners with English Football Club Wolves

Neo, the cross-border payments and foreign exchange (FX) fintech, has entered the sports industry by inking a partnership deal with the English football club, Wolverhampton Wanderers FC (Wolves). The deal,…

Japan’s Kanda says officials need to respond if speculators cause excessive FX moves, Kyodo reports

By Satoshi Sugiyama TOKYO (Reuters) – Japan’s top currency diplomat Masato Kanda said on Wednesday he would have to respond if speculators cause excessive moves in the currency market and…

Oil prices edge up on US inventories but China caps gains

By Arunima Kumar BENGALURU (Reuters) -Oil prices inched up on Wednesday, a day after benchmark Brent hit a one-month low, as a decline in U.S. oil stockpiles helped offset signs…

Trump’s Taiwan talk rattles chip stocks, gold shines as rate cuts beckon

By Tom Westbrook and Naomi Rovnick SINGAPORE, LONDON (Reuters) -Gold hit a record and bonds rallied on Wednesday, while chip stocks tumbled after U.S. presidential candidate Donald Trump sounded lukewarm…

Yen rises suddenly; sterling hits one-year high

By Rae Wee SINGAPORE (Reuters) -The yen rose broadly on Wednesday though traders and analysts were unsure of what was behind the move, while sterling scaled a one-year top after…

Ukrainians with windows shattered by war get cheaper, safer refits

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Trump Wants to Set Interest Rates Himself. Forecast as of 17.07.2024

The attempted assassination of the 45th President of the United States has brought back his former audacity. Donald Trump is beginning to threaten the Fed, even though he has not…

Oil prices ease on slowing China demand, falling US inventories cap losses

By Emily Chow SINGAPORE (Reuters) -Oil prices eased on Wednesday, with global benchmark Brent hovering near a one-month low hit in the prior session on signs of weakening demand in…

Sterling bounces after UK inflation data, dollar wobbles

By Rae Wee SINGAPORE (Reuters) -The yen rose broadly on Wednesday though traders and analysts were unsure of what was behind the move, while sterling scaled a one-year top after…