Coin Press - Economy

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Featured

Oil prices sink on Iran hopes, yen gains after joint intervention

Oil prices tumbled on Monday as Donald Trump said fresh talks with Iran will begin later in the day, while the yen extended gains after US and Japanese officials confirmed a rare joint intervention to prop up the currency.

US, Japan join forces to boost yen

Japan and the United States said Monday they were ready to act again following their first joint action in 28 years to boost the yen, after the beleaguered currency hit a four-decade low.

Last news

Stocks falter, gold shines as traders weigh political turmoil

Wall Street stocks turned lower Tuesday and gold closed in on $4,000 per ounce as investors weighed the US government shutdown and political turmoil in France.

WTO hikes 2025 trade growth outlook but tariffs to bite in 2026

AI-related goods and a surge in exports to the United States to beat President Donald Trump's tariff hikes boosted global merchandise trade growth this year, the World Trade Organization said Tuesday.

Stocks, gold rise as investors weigh AI boom, political turmoil

Global stocks edged higher Tuesday and gold hovered near a fresh high as investors weighed the US government shutdown, political turmoil in France and the AI investment boom.

Stocks, gold steady amid political upheaval

Global stocks steadied Tuesday and gold hovered around a fresh high as investors retreated to safety amid a US government shutdown and French political upheaval.

German factory orders drop in new blow to Merz

German industrial orders unexpectedly fell in August, marking a fourth straight month of decline, official data showed Tuesday, the latest blow to the government's efforts to reboot the ailing economy.

Tokyo stocks hit new record as markets extend global rally

Japanese stocks eked out another record Tuesday following the weekend election of a pro-stimulus advocate to lead the country's ruling party, while gold also hit a new high amid the US government shutdown and French political upheaval.

Indonesia school collapse toll hits 67 as search ends

The search for victims of last week's Indonesian school collapse ended on Tuesday with the death toll climbing to 67, an official said.

EU channels Trump with tariffs to shield steel sector

The European Union will take a page out of US President Donald Trump's tariff playbook on Tuesday with a plan to hike levies and slash quotas for imported steel -- to protect the bloc's struggling industry from cheap Chinese competition.

Open AI's Fidji Simo says AI investment frenzy 'new normal,' not bubble

The dizzying investments in artificial intelligence infrastructure do not constitute a bubble but rather represent today's "new normal" to meet skyrocketing user demand, Fidji Simo, OpenAI's de facto number two, said on Monday.

Tokyo stocks hit new record as Asian markets extend global rally

Japanese stocks hit another record Tuesday, building on the previous day's surge following the election of a pro-stimulus advocate to lead the country's ruling party, while gold also pushed to a new high amid the US government shutdown and French political upheaval.

Indians lead drop in US university visas

The United States issued nearly one-fifth fewer student visas in August following a crackdown by President Donald Trump, led by a steep drop for India which was overtaken by China as top country of origin, data showed Monday.

Shhhh! California bans noisy TV commercials

Noisy TV commericials were banned in California on Monday, with a new law that demands pitchmen turn the volume down.

Trump 'happy' to work with Democrats on health care, if shutdown ends

President Donald Trump said Monday he would be "happy" to negotiate a deal on health programs with Democrats, but demanded the federal government first be re-opened, as a crippling shutdown entered its second week.

Unreachable Nobel winner hiking 'off the grid'

One of this year's Nobel winners is a leading medical researcher who also offers a shining example of work-life balance -- so much so that he might not know he won.

Paris stocks slide amid French political upheaval, Tokyo soars

Stock markets were mixed Monday as a deepening political crisis in France sent Paris into a tailspin while a new Japanese ruling party leader boosted Tokyo and the AI investment boom lifted US stock indices to fresh heights.

US government shutdown enters second week, no end in sight

The US government shutdown entered its second week on Monday, with no sign of a deal between President Donald Trump's Republicans and Democrats to end the crisis.

Cash-strapped UNHCR shed 5,000 jobs this year

The United Nations refugee agency has shed nearly 5,000 jobs this year following swingeing cuts in international aid, its chief said Monday, decrying the "disastrous" political choices behind the crisis.

Paris stocks slide as French PM resigns, Tokyo soars

Stock markets diverged Monday as a deepening political crisis in France sent Paris into a tailspin while a new Japanese ruling party leader buoyed shares in Tokyo.

Paris stocks drop as French PM resigns, Tokyo soars

Stock markets diverged Monday as a deepening political crisis in France sent Paris into a tailspin while a new Japanese ruling party leader buoyed shares in Tokyo.

Feminist icon Gisele Pelicot back in court as man appeals rape conviction

Frenchwoman Gisele Pelicot, whose ex-husband recruited dozens of strangers online to sexually assault and rape her while drugged, arrived in court Monday for an appeal trial triggered by the bid of one man to overturn his conviction.

Paris stocks drop as French PM resigns

Stock markets diverged Monday, with Paris dropping as France plunged further into political crisis after the prime minister’s resignation, while Tokyo surged on new leadership of its ruling party.

Death toll from Indonesia school collapse rises to 63

The death toll from an Indonesian school collapse rose to 63 on Monday, officials said, as workers pulled more remains from the rubble of the building that collapsed last week.

UN rights council launches probe into violations in Afghanistan

The UN Human Rights Council decided on Monday to launch a probe into serious rights violations in Afghanistan, amid growing alarm over the Taliban's measures targeting women and girls.

Jilly Cooper: Britain's queen of the 'bonkbuster' novel

Jilly Cooper -- who has died aged 88 -- was the best-selling British writer whose racy novels were famously filled with sex, snobbery and fun.

Tokyo stocks soar on Takaichi win, Paris sinks as French PM resigns

Tokyo stocks surged almost five percent to a record high Monday and the yen sank on bets that the new leader of Japan's ruling party will embark on a new era of loose monetary policy to kickstart the country's economy.

Tokyo soars, yen sinks after Takaichi win on mixed day for Asia

Tokyo stocks surged more than four percent to a record high Monday and the yen sank on bets that the new leader of Japan's ruling party will embark on a new era of loose monetary policy to kickstart the country's economy.

China's chip challenge: the race to match US tech

China's push to develop top-end artificial intelligence microchips is gaining momentum, but analysts say it will struggle to match the technical might of US powerhouse Nvidia within the current decade.

UN rights council to decide on creating Afghanistan probe

The UN Human Rights Council is set to decide on Monday whether to set up an investigation to gather evidence on the most serious violations of international law in Afghanistan.

Global Tech Pioneers CZ and Co-Founder of Shazam to Headline FinTech Forward 2025 in Bahrain

MANAMA, BH / ACCESS Newswire / October 6, 2025 / FinTech Forward 2025 (FF25), the region's premier strategic financial technology event, today announced that two globally renowned innovators will headline this year's edition as title speakers: Changpeng Zhao (CZ), former CEO of Binance and Dhiraj Mukherjee, Cofounder of Shazam. Their participation reflects the flagship event's growing role as a global stage for innovation, convening leaders who have transformed industries and reshaped how millions around the world engage with technology and financial services.

Trump administration brands US cities war zones

The Trump administration branded Chicago a "war zone" Sunday as a justification for deploying soldiers against the will of local Democratic officials, while a judge blocked the White House from sending troops to another Democratic-run city.

Vampires, blood and dance: Bollywood horror goes mainstream

Long written off as fringe, horror is back in India's Bollywood, reinvented with comedy, mythology and big stars powering a box-office renaissance.

Italy working hard to prevent extra US tariffs on pasta

Italy has appealed to Washington and the European Commission in an attempt to dissuade the US from imposing a punitive tariffs on pasta imports, a deeply unpopular measure among producers.

Coin Press - Economy (English)