News

Note: This section contains information in English only.
Wed, 23 Apr 2025 03:30:04 GMT

Equinor's project halted in the U.S.

U.S. halts Equinor's Empire Wind project near New York, citing concerns over insufficient environmental review under Biden administration approval.

Tue, 22 Apr 2025 21:30:04 GMT

Japanese Finance Minister to meet U.S treasury secretary

Japan's finance chief to meet U.S. counterpart in D.C., with yen in focus. Tokyo unlikely to agree to boost yen; talks to gauge U.S. stance, not act.

Tue, 22 Apr 2025 18:30:04 GMT

Mercedes-Benz presents new product

Mercedes-Benz unveils all-electric luxury van line "Vision V" in Shanghai, with models from VLE to VLS, to be produced in China.

Tue, 22 Apr 2025 15:30:05 GMT

Roche to invest in the U.S

Roche to invest $50B in the U.S. over 5 years, creating 12,000+ jobs, including 6,500 in construction, amid response to Trump's tariff policy.

Tue, 22 Apr 2025 12:30:04 GMT

Trump creates fees for Chinese-built vessels

The Trump administration announced fees on Chinese-built vessels to counter China's shipping dominance, aiming to protect U.S. commerce and boost U.S.-built ships.

Tue, 22 Apr 2025 09:30:04 GMT

Swift launches new payment tool

Swift launched a tool to track late payments, aiming to cut costs and speed up issue resolution for banks dealing with international payment delays.

Tue, 22 Apr 2025 06:30:04 GMT

Ukraine an the U.S. to finalize minerals deal

Ukraine and the U.S. signed a memorandum to finalize a mineral deal, with key negotiations set for April 21-26 in Washington to establish an economic partnership.

Tue, 22 Apr 2025 03:30:04 GMT

Slovenia wants new crypto tax

Slovenia plans a 25% tax on crypto profits under a draft law. Sales for fiat or goods will be taxed, but crypto-to-crypto trades and wallet transfers are exempt.

Mon, 21 Apr 2025 18:30:04 GMT

Mortgage rates rise

Mortgage rates rose to 6.83% in the week ending April 17, marking the biggest jump in nearly a year, driven by a volatile trade war and rising Treasury yields.

Mon, 21 Apr 2025 15:30:05 GMT

LVMH CEO wants free trade

LVMH CEO Bernard Arnault warned U.S.-EU trade tensions could hurt Europe, urging a free trade zone and smarter talks, with less reliance on Brussels.

Mon, 21 Apr 2025 12:30:04 GMT

Trump set to go to Italy

Trump agreed to visit Rome and may meet EU leaders, Italy's PM Meloni said. Her U.S. trip aims to ease tariff tensions after a 90-day pause on most duties.

Mon, 21 Apr 2025 09:30:04 GMT

Gold heading to Switzerland

Traders are sending gold back to Switzerland from the U.S. as tariff fears ease. Swiss gold imports from the U.S. rose, while exports to the U.S. dropped 32% in March.

Mon, 21 Apr 2025 06:30:03 GMT

Faulty odometers may bring Tesla a new lawsuit

Tesla faces a class action claim it speeds up odometers to end warranties early, saving on repair costs. A plaintiff says readings are based on algorithms, not miles.

Mon, 21 Apr 2025 03:30:05 GMT

U.S. judge claims Google has an ad monopoly

A U.S. judge ruled Google illegally dominates online ad tech, backing antitrust claims and allowing prosecutors to seek a breakup of its ad products.

Fri, 18 Apr 2025 18:30:03 GMT

Central Banks looking for a tech contractor

Five central banks in Project Nexus have started seeking a tech operator to run a cross-border real-time payments network under a BIS-led initiative.

Fri, 18 Apr 2025 15:30:04 GMT

Trump wants Powell out

Trump slammed Fed Chair Powell for not cutting rates, accused him of "playing politics," and said he looks forward to removing him from the job "real fast."

Fri, 18 Apr 2025 12:30:04 GMT

Barclays creates new partnership

Barclays struck a deal with Brookfield to gradually offload its payments acceptance business through a new strategic partnership.

Fri, 18 Apr 2025 09:30:04 GMT

Japan's Finance minister denies claims of intervention

Japan doesn't weaken the yen to help exports, Finance Minister Kato said, denying U.S. President Trump's claim that Japan manipulates its currency.

Fri, 18 Apr 2025 06:30:03 GMT

ECB may cut rates several times this year

The ECB is set to cut interest rates for the 7th time this year on Thursday to support Europe's weak economy amid pressure from U.S. tariffs.

Fri, 18 Apr 2025 03:30:03 GMT

Trade war sees importance of U.S treasuries

As U.S.-China trade tensions rise, China's $1.1T in U.S. Treasuries sparks debate—Beijing sees leverage, but U.S. says it offers no real pressure.

Thu, 17 Apr 2025 21:30:09 GMT

Bridgestone to offer corporate bonds

Bridgestone cut its planned bond offering to ¥50B ($351M) and dropped the 7-year term, as underwriters test demand.

Thu, 17 Apr 2025 18:30:06 GMT

ECB cuts rates

ECB cuts main rate to 2.25%, citing slowing growth and Trump's EU tariffs. Trade tensions hurt confidence, tightening financial conditions.

Thu, 17 Apr 2025 15:30:04 GMT

China limits carmaker ads

China bans carmakers from using terms like "smart driving" or "autonomous driving" in ads, tightening rules on marketing driver-assist tech, per MIIT mandate.

Thu, 17 Apr 2025 12:30:04 GMT

Barclays sell payment unit

Barclays sold part of its UK payments unit to Brookfield, investing £400M. Brookfield may take 70% ownership between years 3 and 7 of the partnership.

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