After Putin sent troops into Ukraine in 2022, the US s and its allies prohibited transactions with Russia's central bank and finance ministry, blocking $300-$350 billion of sovereign Russian assets.

If archeologists 2,000 years from now found a jar of U.S. quarters minted in 2025, how excited would they be? how much would ...

Russia could agree to using $300 billion of sovereign assets frozen in Europe for reconstruction in Ukraine but will insist that part of the money is spent on the one-fifth of the country that ...

Switzerland's consumer price index (CPI) fell by 0.1% in January 2025. Across 12 months inflation was +0.4%, reported the Federal Statistical Office (FSO). Annual inflation at the end of January 2025 ...

Energie Baden-Württemberg brought the first foreign corporate bond of the year to the Swiss franc market on Wednesday, ending a three month dry spell. Heathrow was the last foreign corporate borrower ...

A public liquidity backstop provides cash to lenders in serious trouble, and in 2023 Credit Suisse accessed one via an ...

GBP/USD trades with caution near 1.2650 in European trading Friday as traders look to the UK Retail Sales and PMI data for fresh trading impetus. The pair stays defensive amid renewed US Dollar buying ...

As of January 2025, official data shows that the United States still has the world’s largest gold reserves at 8,133.5 tonnes, well ahead of Germany which ...

The yen, meanwhile, rose to an 11-week peak against the dollar of 149.63 per dollar. The US currency last traded down 1.2% to 149.68 yen, driven mostly by worries about Trump’s tariffs as well as ...

Asian stocks traded in narrow ranges after US shares fell from record highs as a disappointing forecast from the world’s largest retailer added to concern about the health of the economy. The yen ...