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Finance Banking Business Featured World

Strong Japan GDP lifts yen, dollar steady as rate cut fervour cools slightly

Dollar on course to end week flat against EUR; lower against JPY, GBP The dollar was largely steady against the euro and British pound on Friday as traders trimmed wagers on monetary policy easing by the U.S. Federal Reserve following hotter-than-expected wholesale inflation data. The Japanese yen, meanwhile, firmed broadly following surprising strong economic growth […]

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U.S. tariff of 15% on EU goods is all-inclusive, EU official says

The tariff framework will apply broadly to EU exports, except for steel and aluminium, the official said. The 15% rate will also apply to cars and car parts, with no quotas or limits.  The 15% tariff that European Union goods face when entering the United States is all-inclusive, unlike the deals some other countries have […]