Finance News

Mexico’s Finance Minister States Pemex Aims to Return to Capital Markets When Conditions Improve

On May 9, 2025, Mexico’s Finance Minister, Edgar Amador, revealed that the country’s state-owned oil company, Pemex, hopes to re-enter the capital markets in the medium term. This statement comes as Pemex faces an enormous debt burden of $101 billion, and has not been able to raise capital from the market for several years due […]

UK Imposes Sanctions on Key Figures in Russia’s Oil Trade

The UK has recently imposed sanctions on key individuals it believes are involved in Russia’s oil trade, aiming to intensify economic pressure on Moscow amid ongoing peace negotiations for Ukraine. The latest measures are described by UK Prime Minister Keir Starmer as “the largest ever sanction package” targeting oil tankers in Russia’s so-called “shadow fleet.” […]

ECB’s Schnabel Warns Tariffs May Limit Scope for Interest Rate Cuts

A senior official at the European Central Bank (ECB) has warned that ongoing trade tensions and higher government spending may elevate inflation across the eurozone, potentially limiting the central bank’s ability to continue cutting interest rates. Tariffs and Defense Spending Raise Inflation Risks Speaking at Stanford University in California on Friday, Isabel Schnabel, a member […]

Dollar-Denominated Asset Sell-Off Signals Long-Term Shift, Investors Warn

A growing number of large institutional investors are reducing exposure to U.S. assets, pointing to concerns over erratic policy-making and geopolitical tensions. Analysts suggest this could mark the start of a broader, long-term reallocation of global capital flows away from the United States. Major Investors Reallocate Away from U.S. Large money managers, including pension funds […]

What the Turmoil in Asian Currencies Tells Us

Recent turbulence in Asian currency markets offered a preview of the volatility that might accompany a second Trump administration. Although we’re not in full-blown crisis mode, the movements signal rising tail risks and geopolitical tensions that investors should not ignore. A Sudden Spike in the Taiwanese Dollar This week, the Taiwanese dollar stunned markets with […]

India’s ABB Posts Modest Profit Rise on Steady Demand

Bangalore, May 9 (Reuters) – ABB India Ltd (ABB.NS), the Indian arm of Swiss engineering giant ABB Ltd (ABBN.S), reported a modest 3.3% rise in its first-quarter profit on Friday, buoyed by consistent demand across its electrification and motion segments, despite broader economic uncertainties and inflationary pressures in global markets. Steady Profit Growth in Q1 […]