South Korea Seeks Trade Deal with U.S. to Avert Tariffs Before August Deadline

Jul 29, 2025 02:21 am UTC| Politics Economy

South Korean Finance Minister Koo Yun-cheol announced on Tuesday that he will push for a mutually beneficial trade agreement with the United States as the August 1 deadline to avoid U.S. tariffs approaches. Koo is set to...

U.S. Stock Futures Steady as Markets Await Fed Meeting and Key Earnings

Jul 29, 2025 01:45 am UTC| Economy

U.S. stock futures traded flat Monday evening following record closes for the SP 500 and Nasdaq, as enthusiasm over the recent U.S.EU trade agreement began to ease. Futures for the SP 500 rose 0.1% to 6,426.50 points,...

Dollar Rebounds as Trade Risks Ease, But Fed Policy Clouds Outlook

Jul 29, 2025 01:42 am UTC| Economy

The U.S. dollar surged Monday after months of weakness driven by trade-war fears, yet analysts warn the rally may be short-lived. Standard Chartered notes that most trade-related optimism is already priced in, leaving...

Oil Prices Rise on U.S.-EU Trade Deal Hopes and Russia Deadline Pressure

Jul 29, 2025 01:41 am UTC| Economy

Oil prices continued their upward momentum on Tuesday, supported by optimism over global trade developments and heightened geopolitical tensions. Brent crude futures climbed 0.34% to $70.28 per barrel, while U.S. West...

U.S. Weighs Myanmar Rare Earth Strategy Amid Rivalry With China

Jul 29, 2025 01:23 am UTC| Politics Economy

The Trump administration is exploring proposals to secure Myanmars rare earth minerals, aiming to reduce U.S. dependence on China, which controls nearly 90% of global rare earth processing. Discussions remain preliminary...

There’s enough natural hydrogen in the Earth’s crust to help power the green energy transition

Jul 28, 2025 12:48 pm UTC| Insights & Views Economy

Since their formation billions of years ago, the oldest parts of the Earths continental rocks have generated natural hydrogen in massive amounts. Some of this hydrogen may have accumulated within accessible traps and...

Bank of England Expected to Slow Quantitative Tightening Amid Market Pressures

Jul 28, 2025 05:20 am UTC| Economy Central Banks

The Bank of England (BoE) is anticipated to ease the pace of its quantitative tightening (QT) as it prepares to cut interest rates to 4% on August 7. Economists expect the policy statement to outline the central banks...