Hamas denies responsibility for attack on Israeli forces in Rafah
Hamas on Tuesday (October 28) denied responsibility for an attack on Israeli forces in the southern Gaza city of Rafah, which triggered renewed Israel...
The U.S. dollar remained firm on Tuesday as President Donald Trump’s latest tariff threats were seen as a negotiation tactic rather than a definitive policy shift. While planned tariffs on Mexico and Canada were suspended, a new 10% levy on Chinese imports took effect, prompting a swift but measured
The U.S. dollar held steady as fresh tariffs on Chinese imports took effect at 12:01 a.m. ET (0501 GMT) Tuesday. Markets interpreted Trump’s actions as a bargaining strategy, though analysts warned of continued volatility.
The U.S. dollar index remained at 108.5, while the Canadian dollar and Mexican peso weakened after Monday’s rebound. The euro also slipped, with Washington threatening the EU with potential trade levies, raising concerns over inflation and interest rates.
Beijing retaliated with its own tariffs but kept the response moderate, suggesting China is leaving room for further negotiations. “China is cautious not to escalate tensions too quickly,” said Lee Hardman, senior currency analyst at MUFG.
The yuan edged down 0.15% to 7.2914 per dollar in offshore trading. The Australian dollar, closely tied to China’s economy, fell 0.35% to $0.6206.
The euro declined 0.15% to $1.033, with analysts predicting further losses if trade tensions intensify. Deutsche Bank’s George Saravelos noted that a prolonged dispute could push the euro toward parity with the dollar.
Elsewhere, the Canadian dollar slipped 0.15% to C$1.4428, while the Mexican peso fell 0.23% to 20.380. The Japanese yen, often a safe-haven currency, lost 0.38% against the dollar, trading at 155.31 per dollar.
With no resolution in sight, analysts expect ongoing fluctuations in currency markets as trade disputes continue to shape economic outlooks.
A small, silent object from another star is cutting through the Solar System. It’s real, not a film, and one scientist thinks it might be sending a message.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Nokia announced on Tuesday that chipmaker Nvidia will acquire a $1 billion stake in the company.
Türkiye’s main stock index, BIST 100, closed on Friday at 10,941.79 points, recording a 3.14% increase.
Türkiye has emerged as Europe’s largest steel producer and the world’s seventh largest in the first eight months of 2025, producing 36.9 million tonnes last year, according to sector officials.
Germany’s Adidas increased its full-year profit guidance, saying it managed to cushion some of the extra expenses resulting from higher U.S. tariffs.
Germany’s Adidas on Tuesday raised its full-year operating profit forecast, saying it had successfully offset part of the additional costs caused by higher U.S. tariffs.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment