The euro surged to its highest level in nearly four years against the U.S. dollar, as global investors turned to safe-haven assets amid growing geopolitical tensions and uncertainty surrounding the U.S.-China trade deal.
Market sentiment shifted sharply on Thursday as geopolitical tensions and fragile trade negotiations drove investors toward safer currencies. The dollar weakened after the U.S. president announced plans to send letters to trade partners outlining new tariff rates, with the 90-day pause on “reciprocal” levies nearing its end next month.
This retreat of the dollar helped the euro climb to $1.1589 — its highest level since late 2021 — supported not only by rate expectations but also growing investor confidence in the eurozone’s economic stability. Safe-haven currencies also gained ground, with the Swiss franc and Japanese yen rising 0.8% and 0.6% respectively, after President Trump’s warnings about rising Middle East tensions and efforts to curb Iran’s nuclear ambitions fueled caution.
In Asia, the Chinese yuan edged up to 7.1818 per dollar, though its gains were capped by persistent U.S.-China friction.
Iranian and U.S. negotiating teams were due in Doha this week, but Iran said on Monday no meeting had been scheduled as weekend missile fire from both...
The latest AnewZ investigative documentary examines how Emmanuel Macron’s promise to break with France’s old political habits collided with diplom...
Iranian and Qatari delegations are expected to meet on Wednesday in Doha to discuss the release of Tehran's assets, estimated at $12 billion, that wer...
Pakistan has responded to a deadly Karachi Rangers compound attack with cross-border strikes and diplomatic protests against Afghanistan, signalling a...
A severe heatwave in France has overwhelmed funeral services and mortuary storage facilities, with undertakers reporting they are unable to cope with ...
The latest AnewZ investigative documentary examines how Emmanuel Macron’s promise to break with France’s old political habits collided with diplomatic setbacks in Africa and legal fallout surrounding figures once close to the Élysée.
Pakistan has responded to a deadly Karachi Rangers compound attack with cross-border strikes and diplomatic protests against Afghanistan, signalling a tougher counterterrorism stance towards militants it says are based there.
A severe heatwave in France has overwhelmed funeral services and mortuary storage facilities, with undertakers reporting they are unable to cope with a surge in deaths linked to extreme temperatures.
Greek rescue teams searched on Tuesday after a four-storey apartment building collapsed in the Petralona district of Athens. Four people initially feared trapped were later found safe, while search operations continued as a precaution.
Rescue teams raced on Sunday to find more survivors of the two powerful earthquakes that struck Venezuela this week, with signs of life bringing occasional relief to a grim quest to whittle down a list of tens of thousands missing.
Iranian and U.S. negotiating teams were due in Doha this week, but Iran said on Monday no meeting had been scheduled as weekend missile fire from both sides tested the interim ceasefire to end the four-month-old war.
The U.S. and Iran have agreed to 'stand down' and resume technical talks, allowing vessels allowed to move freely under the interim peace deal, a U.S. official said.
Six adults were killed in a shooting at a youth welfare facility in northern Germany on Monday, with police detaining two people, including the suspected gunman.
Azerbaijan has criticised Israel’s recent decision to recognise the 1915 events involving Armenians as genocide, warning against politicising historical narratives. The response comes after Israel’s cabinet approved the proposal, which still requires parliamentary ratification.
Rocket Lab has agreed to acquire Iridium Communications in an $8 billion deal, giving the space company a global satellite communications network and accelerating its expansion beyond launch services. The acquisition marks a major step in its ambition to become a fully integrated space business.
Global equity markets remained on track for one of their strongest quarterly performances in years on Tuesday, lifted by a powerful rally in artificial intelligence-linked stocks, improving investor sentiment and easing geopolitical tensions in the Middle East.
Türkiye’s electronic communications investments hit a record 263 billion lira ($5.6 billion) in the first quarter, marking a 1,300% year-on-year surge driven by 5G auction fees and rollout, according to Transport and Infrastructure Minister Abdulkadir Uraloğlu.
WhatsApp is allowing users to reserve a username as an alternative to exchanging phone numbers to chat on the messaging service.
China has expanded export controls against 40 Japanese companies and institutions, adding 20 entities to its export control list and placing another 20 under heightened scrutiny in a move targeting Japan's defence and industrial sectors.
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