Financial News

Euro zone government bond yields extended gains Thursday afternoon, shortly after the European Central Bank announced its first interest rate cut in five years.

It will mark the official end to the record fast-hiking cycle that begun after the Covid-19 pandemic as inflation soared higher.

Narendra Modi’s BJP is expected to win 239 seats in the country’s lower house of parliament, falling short of an outright majority.

The Delaware State Court ruled that expert witnesses can present scientific evidence in the roughly 75,000 cases relating to the discontinued heartburn drug.

The influential Organization of the Petroleum Exporting Countries and its allies on Sunday agreed to extend its official crude output agreement into 2025.

U.S. Defense Secretary Lloyd Austin said the region is seeing a “new convergence” around nearly all aspects of security in the Indo-Pacific.

Data from Japan’s Ministry of Finance confirmed the country’s first currency intervention since 2022, after the Japanese yen plunged to a 34-year-low in April.

Analysts say Milei’s Silicon Valley tour is likely designed to position Argentina as an attractive place to invest.

“Policy rates will slowly but gradually move into less restrictive levels,” European Central Bank Governing Council member Klaas Knot said Tuesday.

The U.K. has been “denied the skills and infrastructure it needs to flourish,” the letter says.