China Finds Costly New Way of Boosting Xi’s Global Yuan Push
China is leveraging its position as the world’s largest creditor to help broaden usage of the yuan, offering…
Bank of Canada Says Tariffs Dent Greenback’s Safe-Haven Status
Bank of Canada Governor Tiff Macklem suggested the US dollar’s status as a “global safe asset” may be…
Stocks Show Little Geopolitical Worry After $16 Trillion Rally
It’s long been a somewhat unseemly fact about financial markets: They, and the humans who make them whir,…
Amid tariffs, US Treasury Secretary mocks Indian rupee, says can’t rival dollar
US Treasury Secretary Scott Bessent has mocked the Indian rupee, saying that it cannot beat the dollar. The…