Business

After Trump Pardon, Former Honduras President Hernández Faces Charges in His Home Country

Juan Orlando Hernández, a former president of Honduras, faces fraud and money laundering charges in his home country after a surprise Trump pardon overturned his drug-trafficking sentence in the U.S.

Milei’s Money Man Shuns Foreign Markets After Failed Bond Binge

In his first stint as a top Argentine finance official a decade ago, Luis Caputo tapped foreign bond markets again and again, selling more than $40 billion in total and earning the moniker “serial borrower” from his critics. Nearly three…

Japan, US team up to defend yen in rare forex move — first since 2011

TOKYO – Japanese and U.S. monetary authorities bought yen during foreign exchange trading in New York, according to sources, marking their first joint intervention in 15 years. The yen surged against the dollar afterward, briefly reaching…

Oil prices plunge and Europe’s stock markets rally after Trump calls off Iran strikes

Brent crude drops by 5% after US president said talks on Middle East peace deal would resume Business live – latest updates Crude oil prices fell sharply and European stock markets rallied on Monday after Donald Trump cancelled planned…

U.S. steps in to help shore up Japanese yen

The U.S. dollar weakened against the Japanese yen Monday after the leaders of both countries confirmed they intervened in the markets to help shore up Japan's currency.

Brent Crude Sheds $16 in Eight Days as Trump Revives Iran Talks

Africa · Western Key Facts —Price drop. Brent crude fell more than $16 in eight trading sessions, retreating from around $100 to $83.86 per barrel. —Trigger. President Donald Trump revived peace talks with Iran and called off a threatened…

Nigeria’s Market Is Being Sold Off to Buy Into Dangote

Institutions are selling Nigerian banks and telecoms to raise cash for the Dangote refinery listing, repricing the exchange before a single share trades. The post Nigeria’s Market Is Being Sold Off to Buy Into Dangote appeared first on The…

U.S. Treasury yields fall as oil prices plunge on Iran de-escalation hopes

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell over 1 basis point to 4.688%.

Itochu to buy 50% of US aircraft lessor Aviation Capital from Tokyo Century

Nigeria: Stop Judging Tinubu By 2024 Economic Realities, Presidency Tells Atiku

[Leadership] The Presidency yesterday told former Vice President Atiku Abubakar to stop assessing President Bola Tinubu's administration based on the economic realities of 2024, insisting that Nigeria's reform programme has moved beyond…

Nissan books operating profit for fourth quarter in a row

Gold and Silver Jump as Haven Bids Lift LatAm Producers

Gold futures rose 1.02% and silver 1.92% on Monday, lifting Mexican and Peruvian miner proxies as a softer dollar and falling real yields drew haven buyers. The post Gold and Silver Jump as Haven Bids Lift LatAm Producers appeared first on…