Fresh-faced financial reporters are swiftly disabused of the idea that there are “safe havens” in financial markets. With one eye on the word count, a grizzled sub-editor will cut the extraneous word and growl “All havens are safe.” Assets that retain their value during a market downturn (gold, the Swiss franc, the Japanese yen) should be known by the one-word moniker “havens”, the sub-editor will insist—“safe havens” have no place in newspaper copy.
Washington and Seoul brokered a historic $950 billion deal, bringing the two nations closer in both trade and military alliance....
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 17.96 points or 0.04% to...
BUSAN, SOUTH KOREA - OCTOBER 30: U.S. President Donald Trump (R) speaks with Chinese President Xi Jinping during a bilateral...
The Rapid Support Forces (RSF), one of Sudan’s warring parties, have taken over El Fasher, a city in Darfur, western...
The European Central Bank has kept interest rates on hold, as expected, at its latest meeting on Thursday.The central bank...
Next week, New York City voters almost surely will send self-proclaimed socialist Zohran Mamdani to Gracie Mansion, and he promises...
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