Sawt Falasteen - Economy

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Featured

UNHCR sounds alarm on funding crisis

The UN refugees chief warned Monday about being "asked to do the impossible", with his agency over-stretched by a huge funding shortfall and heavy displacement.

FXGLOBE Rebuilds Its Copy Trading and PAMM Business With B2BROKER's B2COPY

B2BROKER's B2COPY, its white-label copy trading, PAMM and MAM platform, has been deployed by FXGLOBE, the multi-asset broker, to replace its legacy investment front end. In doing so, the company replaced an ageing front end with a rebuilt client area covering account management, subscriptions and reporting for FXGLOBE's investors, money managers and IB partners.

Last news

'Stab in the back': Ukrainians in shock after US aid halt

Ukrainians in Kyiv and soldiers on the front lines were in shock on Tuesday and grappling with a sense of betrayal after US President Donald Trump's decision to suspend military aid.

Stock markets slide on trade war fears as US tariffs begin

Stock markets slid Tuesday on trade war fears as world powers hit out at the start of US tariffs on China, Mexico and Canada that risk being extended to Europe.

China's elite don traditional garb for annual 'Two Sessions' talking shop

Sporting military uniforms and multi-coloured traditional garb, delegates from all four corners of China descended on the capital on Tuesday for the country's largest annual political event -- a red-carpet cameo for the ruling elite.

France opposes seizing frozen Russian assets: minister

France voiced opposition Tuesday to seizing frozen Russian assets to fund a European military spending boost for Ukraine, arguing such a move would be against international agreements.

Markets fall on trade war fears after US, China tariffs

Markets fell in volatile trade Tuesday on fears of a trade war after China announced fresh tariffs on US imports in retaliation for President Donald Trump's latest levies.

Saudi Aramco profits drop 12 percent on lower prices, volumes

Oil giant Saudi Aramco posted a drop in annual profits on Tuesday as lower prices and volumes hit the lynchpin of the kingdom's ambitious economic reform plans.

Asian stocks pare their losses after China's retaliatory tariffs

Asian markets recouped some of their early losses in volatile trade on Tuesday after China announced fresh tariffs on US imports in retaliation to President Donald Trump's latest levies.

Japan startup targets June 6 Moon landing

Japanese startup ispace on Tuesday set a June 6 target touchdown date for its Moon lander, following the success of its rocket "rideshare" buddy, a spacecraft from a US firm.

Trade wars intensify as US tariffs on Canada, Mexico and China take force

Mounting trade wars between the United States and its largest economic partners deepened on Tuesday as US tariffs on Canada, Mexico and China kicked in, sparking swift retaliation from Beijing and Ottawa.

7-Eleven says Couche-Tard takeover still under consideration

The Japanese parent company of 7-Eleven said Tuesday that a buyout bid from a Canadian convenience store rival was still on the table despite a report that it planned to reject the multibillion-dollar offer.

Asian stocks tumble after Trump tariffs

Asian markets tumbled on Tuesday after US President Donald Trump hiked tariffs on Chinese imports and warned that levies on Mexico and Canada could not be averted.

Asia stocks tumble after Trump tariffs

Asian markets tumbled on Tuesday after US President Donald Trump heaped tariffs on Chinese imports and warned levies on Mexico and Canada could not be averted.

Trade war casts pall as China's leaders meet

China's leadership is gathering at the largest political event of the year on Tuesday, seeking a response to US President Donald Trump's latest salvo of tariffs targeting an already sluggish Chinese economy.

7-Eleven shares plunge on reported plan to reject takeover

Shares of the owner of 7-Eleven plunged on Tuesday after a report said the Japanese retailer plans to reject a multibillion-dollar takeover offer by Canada's Alimentation Couche-Tard (ACT).

Trump's China tariffs eclipse first term, more hikes likely: analysts

Donald Trump's latest tariff hike targeting China is likely only the start of his intensifying trade war against Beijing, which may struggle to shield its already ailing economy, analysts warned.

'Terrifying': Canadian auto workers dismayed at looming US tariffs

Residents of the Canadian border city of Windsor had held out hope US President Donald Trump's threats of tariffs on imports from Canada would prove hollow, but that faith was dashed Monday, sparking fear for their futures.

US stocks fall on Trump tariff concerns, European defense firms soar

US stocks closed sharply lower Monday, after President Donald Trump slapped fresh sanctions against China and levies on Mexico and Canada neared imposition, while European defense shares soared as the European Union sought increased military spending over Ukraine.

TSMC announces $100 bn investment in new US chip plants

President Donald Trump said Monday that the chip-making giant TSMC will invest "at least" $100 billion in the United States to build "cutting edge" chip manufacturing facilities, in the latest blockbuster financial pledge by a private company since his return to office in January.

Reddit co-founder joins 'People's Bid' to buy TikTok

Reddit co-founder Alexis Ohanian announced Monday that he is joining a US bid to buy TikTok, becoming a strategic advisor to the effort.

European defence stocks soar as govts ramp up military spend

Share prices of European defence companies soared Monday as London and the European Union look to ramp up military spending in the face of uncertainty over the United States' commitment to Ukraine and NATO.

Clock ticking down to Trump tariffs on Canada, Mexico, China

Time is running short for Canada, Mexico and China to avert sweeping tariffs announced by US President Donald Trump, with the planned levies to take effect past midnight over what he deems an "unacceptable" flow of drugs.

Nuclear monitor defends Ukraine plant visit via Russia-controlled territory

UN nuclear watchdog chief Rafael Grossi on Monday defended the first ever visit by his staff to Ukraine's Zaporizhzhia nuclear power plant through Russian-occupied territory, saying the "exception" was aimed at protecting lives.

Wearable tech has far to go before challenging smartphones

Wearable gadgets like smart watches and glasses are growing more capable every year, but experts say smartphones will remain ubiquitous for the foreseeable future -- not least thanks to artificial intelligence features.

Eurozone inflation eases slightly in February

Eurozone inflation edged down slightly in February to 2.4 percent, reversing a four-month upward trend thanks to a slowdown in energy price increases, official data showed on Monday.

European defence stocks soar as govts up military spend

Asian markets creep up on hopes of China fiscal response to Trump tariffs

Asian markets rose cautiously on Monday, with investors eyeing a potential Chinese stimulus package and President Donald Trump's looming tariffs.

7-Eleven to replace CEO in Couche-Tard takeover battle: reports

7-Eleven's owner is set to replace its CEO as the Japanese convenience store giant battles a $47-billion takeover bid by Canada's Alimentation Couche-Tard (ACT), reports said Monday.

AI, trade tensions to mark Barcelona mobile industry meet

Frantic optimism about artificial intelligence's potential to empower gadgets is set to clash with fears about trade tensions stoked by the White House at this week's Mobile World Congress (MWC) in Barcelona.

ECB to cut rates again as debate heats up on pause

The European Central Bank is expected to cut interest rates again this week in a bid to boost the floundering eurozone economy, even as debate heats up about when to hit pause.

Asian markets climb on hopes of China fiscal response to Trump tariffs

Asian markets climbed on Monday on hopes that China will announce a huge stimulus package that will help offset US President Donald Trump's looming tariffs against Chinese goods.

Sean Baker: chronicler of sex work, Oscar winner

Sean Baker, whose career chronicling the lives of sex workers and marginalized communities has made him a leading light of the US indie movie scene, won the Oscar for best director on Sunday.

Asian markets climb on China fiscal hopes against Trump tariffs