Bessent says Deutsche chief distanced bank from research note on US assets
Bank strategist published note suggesting European investors could sell US assets in response to trade threats
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Bank strategist published note suggesting European investors could sell US assets in response to trade threats
Trump said over the weekend that he would slap tariffs on imports from eight European countries in retaliation for moving troops to Greenland.
Federal Reserve Chairman Jerome Powell plans to attend the oral arguments at the Supreme Court.
The U.S. remains the "closest of allies" with the U.K. despite a growing rift between the U.S. and Europe over the future of Greenland, Rachel Reeves told CNBC.
U.S. Treasury yields declined on Wednesday, tentatively retreating from a sell-off that spurred a flight from U.S. assets on Tuesday.
EWIT's board have defeated Boaz Weinstein's U.S. activist hedge fund for a second time following a bitter boardroom battle.
China's tech giants are jostling to gain an edge in the AI race, as firms seek to develop models capable of coordinating and performing functions across sites.
Chinese companies are no longer just exporting overseas, instead eyeing partnerships and local investments for global expansion.
Airfares and tobacco inflation artificially push headline figure higher
U.S. treasury secretary Scott Bessant addressed reporters at a press conference at the World Economic Forum on Wednesday.
The U.K. inflation rate rose to 3.4% in December, above forecasts of 3.3% from economists polled by Reuters.
Markets on Tuesday flashed the classic signs of a "sell America" trade, as investors recoiled from escalating risks tied to Washington's foreign policy.