World Business
Dollar Plunges Against Yen After Confirmed US-Japan Market Interventions
The U.S. dollar sharply weakened against the Japanese yen on Monday, dropping 1% to 156.34 yen, following confirmed market interventions by both...
World Business 146 articles
World Business
First Plus Deepens SS&C Partnership for APAC Cross-Border Operations Expansion
First Plus Asset Management has expanded its relationship with SS&C Technologies to enhance cross-border operational support across Asia, leveraging SS&C's integrated solutions...
World Business
OPEC+ Completes 2023 Cut Reversal with Modest Quota Hike
OPEC+ nations approved a 188,000 bpd quota increase, theoretically unwinding 2023 cuts. The move offers future flexibility once Middle East conflict ends.
World Business
Project Agorá Slashes Cross-Border Payment Times to 80 Seconds
Project Agorá's real-value testing demonstrated average cross-border payment settlement in 80 seconds, utilizing tokenized reserves and deposits. This public-private collaboration, led by...
World Business
Ukraine Strikes Disrupt Key Wheat Route, Deepen Russian Fuel Woes
Ukrainian drone attacks have severely impacted shipping in the Sea of Azov, halting a vital corridor for Russian wheat exports and exacerbating...
World Business
US Waives Iran Oil Sanctions for 60-Day Peace Talks
The United States temporarily lifted sanctions on Iranian oil exports on Monday, a move linked to 60-day peace negotiations aimed at allowing...
World Business
Cuba Eases 46 Private Sector Bans to Combat Humanitarian Crisis
Facing a severe humanitarian crisis exacerbated by a U.S. oil blockade, Cuba has eased 46 long-standing restrictions on its private sector, allowing...
World Business
IMF Cuts 2026 Global Growth Forecast to 3%, Citing Iran War Risks
The IMF has lowered its 2026 global growth forecast to 3%, the second cut this year, attributing the revision to 'uncertainty and...
World Business
IMF Chief Praises Milei’s Austerity, Argentina Debt Outlook Strengthens
IMF Managing Director Kristalina Georgieva lauded President Javier Milei's austerity measures, stating Argentina is better positioned to meet its $58 billion debt...