China’s banking and insurance regulator on Saturday said it did not expect a persistent decline in the yuan and warned speculative short sellers they would suffer ‘heavy losses’ if they bet against the currency.
An inflation gauge closely watched by the Bank of Japan (BoJ) accelerated at its fastest pace in almost three years as some retailers passed on rising costs to households, a positive sign for the central bank as it seeks to stoke consumer prices.
The Bank of Canada (BoC) is done raising interest rates until at least the end of next year, with a serious risk of a cut by then as policymakers become more wary of slowing growth and global trade tensions, a Reuters poll showed on Friday.
Iran will "under no circumstances" enter a war either directly or indirectly with the United States, a prominent Iranian lawmaker said Wednesday, as both Washington and Tehran try to ease heightened tensions in the region.
President Donald Trump is a "crazy president" whose threats against Tehran aren't going to work, an Iranian official said, adding that if the President wants to talk, he'll not only have to show some respect, but come up with a consistent message.
Ukraine's new President Volodymyr Zelensky on Monday used his inaugural speech to announce his first priority was ending the five-year conflict with pro-Russia forces in the east of the country that has claimed over 13,000 lives.