Japan’s Finance Minister, Katsunobu Kato, denied Donald Trump’s accusations that Japan was deliberately devaluing its currency to give its exporters an edge.
Japan’s Finance Minister, Katsunobu Kato, denied Donald Trump’s accusations that Japan was deliberately devaluing its currency to give its exporters an edge.
Ripple Labs and the US Securities and Exchange Commission (SEC) have filed a joint motion to halt the appeals process, paving the way for a potential settlement.
The UK economy registered its strongest growth in nearly a year during February. This followed January's stagnant period, when figures were revised upward from an estimated 0.1% decline to zero growth. GDP expanded by 0.5%, significantly outpacing economists' 0.1% rise forecast.
Britain, whose goods were initially subject to a 10% levy, lost its advantage over other US trading partners. Additionally, Trump’s chaotic policy is to deter investment in the UK, the news agency says.
US President Donald Trump has signed an executive order repealing Internal Revenue Service demands for Decentralized Finance (DeFi). The federal agency considered DeFi brokers and required tracking and reporting user activity.
The Recruitment and Employment Confederation (REC) reports that the UK labor market weakened again in March. The number of people searching for a job rose the steepest in more than four years.
A decrease of the indicator value may contribute to the fall in quotes of GBP.
Rising trade tensions between the world's largest economies are putting pressure on the investments necessary to meet future copper demand, according to representatives of the copper industry cited by Bloomberg.
UBS analysts believe that US import tariffs pose a serious threat to Japan's economy, potentially reducing its growth by 0.8 percentage points in 2025. The new American president has been aggressively raising import duties since taking office.
Charles Hoskinson, the founder of the Cardano blockchain, told CNBC that the crypto market will grow and Bitcoin may hit $250,000 by the end of 2025. The key drivers will be the easing of global trade tensions, as well as the expected Federal Reserve’s (Fed) rate cut.
Markets forecast the Reserve bank of Australia to cut rates at least five times by September, while fully pricing a 0.5% reduction at the meeting in May. Earlier in April, the bank held rates steady at 4.1%.