The U.S. dollar strengthened and Bitcoin surged to a new record, as investors shrugged off fresh tariff threats from President Donald Trump.
The dollar gained against major currencies, rising 0.37% to 0.797 Swiss francs and pushing the euro down 0.23% to $1.1692. The dollar index climbed 0.27%.
Markets remained calm despite Trump's threat of 50% tariffs on Brazil, which triggered a 2.8% drop in the Brazilian real.
Investors leaned into riskier assets amid optimism that extreme trade measures were unlikely. This lifted Bitcoin to an all-time high of $113,820 and helped Nvidia reach a historic $4 trillion valuation.
U.S. jobless claims unexpectedly fell, pushing 10-year Treasury yields slightly higher. Fed minutes signalled likely interest rate cuts later this year, further boosting market confidence.
U.S. Vice President JD Vance has arrived in Armenia, marking the first time a sitting U.S. vice president or president has visited the country, as Was...
Pressure is mounting on UK Prime Minister Keir Starmer amid resignations and a row over Peter Mandelson, a powerful figure in the ruling Labour Party....
Pakistan’s President Asif Ali Zardari has accused Afghanistan’s authorities of fostering conditions “similar to or worse than pre-9/11”, as te...
Chinese authorities have quietly signalled a shift in strategy, instructing some state-owned banks to rein in their purchases of U.S. government bonds...
Convicted Epstein associate Ghislaine Maxwell refused to answer questions before Congress, while her lawyer said she could clear President Donald Trum...
U.S. Vice President JD Vance has arrived in Armenia, marking the first time a sitting U.S. vice president or president has visited the country, as Washington seeks to deepen engagement in the South Caucasus and advance a U.S.-brokered peace process between Armenia and Azerbaijan.
Pressure is mounting on UK Prime Minister Keir Starmer amid resignations and a row over Peter Mandelson, a powerful figure in the ruling Labour Party. The episode has raised doubts about Starmer’s authority and how firmly his own party continues to back him.
Chinese authorities have quietly signalled a shift in strategy, instructing some state-owned banks to rein in their purchases of U.S. government bonds.
Convicted Epstein associate Ghislaine Maxwell refused to answer questions before Congress, while her lawyer said she could clear President Donald Trump of wrongdoing if granted clemency.
U.S. President Donald Trump has criticised American freestyle skier Hunter Hess after the athlete said he felt conflicted about representing the United States at the Winter Olympics in Italy, sparking a public clash that highlights growing political tensions surrounding the Games.
U.S. skiing great Lindsey Vonn underwent surgery in an Italian hospital on Sunday after her attempt to win Olympic downhill gold ended in a violent crash just seconds into the race at the Milano Cortina Winter Games.
Several avalanches struck northern Italy on Saturday, killing at least three people, as rescue officials warned the death toll could rise with unstable conditions persisting across the Alps.
U.S. President Donald Trump’s Middle East envoy Steve Witkoff and Trump’s son-in-law Jared Kushner visited the USS Abraham Lincoln aircraft carrier in the Arabian Sea on Saturday after completing a round of talks with Iran.
Russian forces attacked Ukraine’s energy infrastructure overnight on Saturday, marking the second such strike in less than a week, according to Ukrainian authorities.
Pressure is mounting on UK Prime Minister Keir Starmer amid resignations and a row over Peter Mandelson, a powerful figure in the ruling Labour Party. The episode has raised doubts about Starmer’s authority and how firmly his own party continues to back him.
Chinese authorities have quietly signalled a shift in strategy, instructing some state-owned banks to rein in their purchases of U.S. government bonds.
Convicted Epstein associate Ghislaine Maxwell refused to answer questions before Congress, while her lawyer said she could clear President Donald Trump of wrongdoing if granted clemency.
Pakistan’s President Asif Ali Zardari has accused Afghanistan’s authorities of fostering conditions “similar to or worse than pre-9/11”, as tensions between the two neighbours intensify amid a surge in militant attacks inside Pakistan.
Scottish Labour leader Anas Sarwar has called on Prime Minister Keir Starmer to step down, saying that “the distraction needs to end and the leadership in Downing Street has to change.”
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