Finance

Federal Reserve cuts key interest rate for the first time this year

Federal Reserve cuts key interest rate for the first time this year

The Federal Reserve cut its key interest rate by a quarter-point on Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation...

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US import dependence on EU on the rise, outpacing China, study finds

US import dependence on EU on the rise, outpacing China, study finds

By Rene Wagner and Miranda Murray BERLIN (Reuters) -The United States relies more heavily on imports from the European Union than commonly assumed, with the bloc surpassing China in both total val...

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Foreigners snap up Asian bonds in August after two-month hiatus

Foreigners snap up Asian bonds in August after two-month hiatus

(Reuters) -Asian bonds attracted their first monthly foreign inflow in three months in August, as expectations of U.S. Federal Reserve rate cuts to support a cooling labour market boosted demand ...

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Australia’s Regulator Eases Rules on Stablecoin Intermediaries

Australia’s Regulator Eases Rules on Stablecoin Intermediaries

The Australian Securities and Investments Commission has granted regulatory relief to stablecoin intermediaries, exempting them from holding separate financial services licences when distributing...

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