Global News

The yen is entering a glorious month: it has recorded gains in this month for the past five years. That may encourage investors who have pushed the yen up 9% in the past six months, during which the global trade war and Donald Trump's call for U.S. interest rate cuts have weighed on the dollar.

Amazon CEO Andy Jassy said in an interview on Monday that the company hasn't seen a big price increase due to tariffs, and explained the mitigation strategies Amazon and its sellers are using.

US Senate Majority Leader John Thune is working hard to push Trump's tax cut and spending bill to pass it before the July 4 deadline set by the US president. But before that, he must first resolve the objections of about eight Republican senators to parts of the bill.

US Commerce Secretary Lutnick told the media on Thursday, June 26, that the China-US trade agreement had been signed and sealed two days ago, but he did not disclose the specific content of the agreement. US President Trump also mentioned the agreement at the White House event that day,

"Jeff Bezos and his space company have been in contact with US President Trump in recent weeks." The Wall Street Journal quoted sources on the 26th as saying that Bezos, founder of the commercial space company Blue Origin, has talked with Trump at least twice this month, and the company's CEO Dave

In the first quarter of 2025, the US economy performed far worse than expected, with gross domestic product (GDP) shrinking by 0.5% on an annualized basis. The downward revision of this data obviously exceeded many people's expectations for the US economy and broke the outside world's confidence

After discussing the latest proposals from the White House with EU leaders, European Commission President von der Leyen said the EU is ready for all possible scenarios in trade talks with the United States, including a breakdown in talks.

Jennifer Lin is joining Apollo Global Management Inc.; until recently, she was JPMorgan's face in private credit trading, according to people familiar with the matter.

Nvidia CEO Jensen Huang said that in addition to artificial intelligence, robotics is the chipmaker's most promising market for growth, and self-driving cars will be the first major commercial application of the technology.

Australian sheep farmers are profiting from record lamb prices as global demand for lamb and mutton grows and sheep exports from Australia, the world's largest lamb supplier, surge. Analysts say lamb prices are likely to rise further in the coming years as production in New Zealand

New Zealand information technology company Xero said on Wednesday it would acquire US-based fintech Melio for $2.5 billion upfront, with the goal of more than doubling group revenue by 2028. The cash-and-stock deal will also see Melio receive up to $500 million in deferred and rolled-over payments

The Financial Times reported on the 24th that Bjorn Seibert, chief of staff of European Commission President von der Leyen, said that before the deadline of the EU-US trade negotiations on July 9, the EU needs to coordinate its position and be prepared to take more tariff countermeasures against

Last weekend, the sudden bombing of Iranian nuclear facilities by the United States may further break the fragile balance of geopolitics in the Middle East, add haze to the global economy that has been repeatedly affected by the US tariff policy, and make the major central banks around the world

According to media reports, Amazon has further deepened its commitment to the UK, with the e-commerce giant saying it plans to invest £40 billion ($54 billion) in the UK over the next three years. Amazon said on Tuesday that its expansion in the UK will create thousands of jobs.

While dollar weakness remains Morgan Stanley's base case, continued oil price gains would be a key risk to that view. "Given the consensus expectation, geopolitically driven oil price supply shocks pose a key risk to the dollar short squeeze - potentially 2% or more," Morgan Stanley analysts David

Just last weekend, the United States launched attacks on Iran's Fordow, Natanz and Isfahan nuclear facilities, causing a sharp escalation of tensions in the Middle East. US President Trump announced that these key nuclear facilities have been "completely destroyed".

The euro is playing an increasingly important role in global currency options markets as traders shun the dollar due to unpredictable U.S. policy and the risk of a global trade war. There has been a shift in trading volumes.

European economic growth may be at risk of stagnation if urgent action is not taken to address slowing growth, weak investment and rising geopolitical threats, the International Monetary Fund (IMF) warned.

Canada has left the door open to raising tariffs on U.S. steel and aluminum products next month if trade talks with the Trump administration reach an impasse.

The Fed announced on Wednesday that it decided to keep interest rates unchanged for the fourth consecutive meeting. The Fed expects economic growth to slow and unemployment to rise slightly, as stated in their latest quarterly forecast released on Wednesday.

U.S. interest rate traders are making record bets that the Fed will quickly take a more dovish stance after Fed Chairman Powell's term ends in May 2026. Such trading set a record volume on Monday and expanded further on Tuesday.

JPMorgan Chase is furthering its involvement in the cryptocurrency field by launching a stablecoin-like token called JPMD. The US banking giant revealed on Tuesday that it plans to launch so-called "deposit tokens" on Coinbase's public blockchain Base (built on the Ethereum network).

SoftBank Corp. raised about $4.8 billion by selling its stake in T-Mobile US Inc. (TMUS), a move that will help fund the Japanese company’s ambitious AI plans.