Defying
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Federal Reserve Keeps Rates Steady, Defying White House Pressure Amid Dollar Slump
The financial world is bracing for a seismic political collision as the Federal Reserve chooses stability over pressure from the White House. In a high-stakes gamble for economic independence, the…
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Carmakers slash prices again in China, defying regulators
Prices for new cars keep falling as automakers compete to clear out inventory in a sluggish market GLOBAL automakers and their dealers in China are pressing ahead with aggressive price…
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Ford to invest 32.5 billion rupees in India defying Trump’s local push
More recently, other US companies have been building up their manufacturing presence in India, despite the political tension [DELHI] Ford Motor plans to invest about 32.5 billion rupees (S$477 million)…
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Why the Thai baht is defying economic gravity
The currency has rallied some 5% against the US dollar since Trump’s so-called Liberation Day tariff announcement [BANGKOK] On its current trajectory, the Thai baht is expected to record its…
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Record short against Maersk backfires in trade-war defying rally
[COPENHAGEN] Shorting the stock of the world’s largest listed shipping company during a global trade war may seem like a sure bet. But the investors who’ve loaded up on the…
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US Fed Poised To Hold Off On Rate Cuts, Defying Trump Pressure
The US central bank is widely expected to hold off slashing interest rates again at its upcoming meeting, as officials gather under the cloud of an intensifying pressure campaign by…
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Israel PM Names New Security Chief, Defying Attorney General
Israeli Prime Minister Benjamin Netanyahu announced Thursday his pick for the next head of the Shin Bet domestic security agency, defying the country’s attorney general and a significant segment of…
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Harvard Sees $2.2 Billion In Funding Frozen After Defying Trump
Elite US university Harvard was hit with a $2.2 billion freeze in federal funding Monday after rejecting a list of sweeping demands that the White House said was intended to…
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Chinese tea chain Chagee launches US IPO, defying stock slump
[NEW YORK] Chagee Holdings, a Chinese bubble tea chain, is seeking to raise US$411 million in an initial public offering (IPO) in the US, despite spiking stock volatility from US…
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Israel’s Netanyahu Arrives In Hungary, Defying ICC Warrant
Israeli Prime Minister Benjamin Netanyahu arrived in Budapest early Thursday on his first trip to Europe since 2023 and in defiance of the International Criminal Court (ICC)’s arrest warrant against…
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Top FBI Agent Praises Officials for Defying Trump Admin Effort to Fire Employees Who Investigated Capitol Riot: ‘They Are Warriors’
A senior FBI official is rallying his agents after the Trump administration moved to remove employees involved in the investigation of the Jan. 6 Capitol attack. James E. Dennehy, the…
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Asian Shares Rise Defying Slow Wall Street Start To 2025
Asian markets gained on Friday, bucking retreats on Wall Street as the dollar advanced and markets reopened following the New Year’s holiday. Hong Kong, Sydney and Taipei stocks climbed, while…
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Defying Headwinds, Germany Stocks Hit Milestone
Germany’s blue-chip DAX stock index jumped above 20,000 points for the first time Tuesday following gains on US and Asian markets, defying multiple headwinds battering Europe’s biggest economy. The index,…
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Dozens Detained After Defying Amsterdam Protest Ban
Dutch police detained dozens of pro-Palestinian protesters in Amsterdam on Sunday after they defied a demonstration ban put in place in the wake of violence against Israeli football supporters. Earlier…
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RBA holds key rate at 12-year high, defying global easing
AUSTRALIA’S central bank held its key interest rate at a 12-year high on Tuesday (Sep 24) as it tries to subdue stubborn price pressures that are preventing it from joining…