Scholz and Macron have repeatedly clashed in recent years, most recently in February when the French president opened the door to potentially sending ground troops to Ukraine, which the chancellor strongly rejected. A key topic of the discussion will be the visit of Xi, who arrives in France on Sunday for three days before heading … Read more
The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning toward eventual reductions in borrowing costs, but that cuts could be delayed as recent inflation numbers have strayed further from its two per cent target. Indeed, Fed Chair Jerome Powell said it was likely to take longer than previously expected for Fed officials … Read more
Traders work on the floor of the New York Stock Exchange during morning trading on February 29, 2024 in New York City. Michael M. Santiago | Getty Images A new day, a new all-time high. From stocks to bitcoin, asset classes across the board have been hitting uncharted territories. Why? There are a few reasons … Read more
The South African Reserve Bank’s (SARB’s) Monetary Policy Committee (MPC) will sit for its first meeting of the new year on Thursday, 25 January. FOR THE LATEST BUSINESS NEWS VISIT THE SOUTH AFRICAN WEBSITE It’s widely expected that the central bank to keep the repo rate at 8.25% while the current prime lending rate will … Read more
BEIJING — Chinese President Xi Jinping vowed to build “bridges” with Europe during a meeting with Belgian Prime Minister Alexander De Croo in Beijing, just as China’s defense ministry warned it would “crush” independence movements in Taiwan. “Facing the turbulent international situation, more ‘bridges’ need to be built between China and Europe. The two sides … Read more
