Strait of Hormuz: US confirms drone shot down by Iran
June 20, 2019
It happened over the Strait of Hormuz, amid soaring tensions between the US and Iran.
Xi lands in Pyongyang for state visit
June 20, 2019
Iran, U.S. in war of words after U.S. drone shot down
June 20, 2019
WORLD • Business
Gold Surges to Almost Six-Year High After Fed Hints at Rate Cut
June 20, 2019
Metal prices shot up, lifted by a weaker dollar, after the Federal Reserve suggested it was willing to lower interest rates in the coming months.
Saudi Plant Struck by Missile, Apparently From Yemen
June 20, 2019
Senior U.S. officials have been called back to the White House after a desalination facility in the kingdom was hit.
Business News
Five Things You Need to Know to Start Your Day
June 20, 2019
Business Insights
Waymo Teams Up with Renault and Nissan for Robotaxis in France and Japan
June 20, 2019
It marks the first journey outside the U.S. for Waymo, a self-driving car pioneer.
Capt. “Sully” Sullenberger Slams Boeing for Inadequate Pilot Training on the Troubled 737 Max
June 20, 2019
"Reading about it on an iPad is not even close to sufficient," the famed pilot said during Congressional testimony.
Iran Says It Shot Down a U.S. Drone Amid Escalating Tensions in the Oil Region
June 20, 2019
Amid escalating tensions in the oil region
WORLD • Markets
Dollar posts biggest 2-day drop in a year as Fed sparks hedge funds rout
June 20, 2019
The dollar sank broadly against its rivals on Thursday and is on track for its biggest two-day drop in a year after the U.S. central bank signalled it was ready to cut interest rates as early as next month.
World Stock Markets
Global Market Charts by CNN
Market Report
Dollar posts biggest 2-day drop in a year as Fed sparks hedge funds rout
June 20, 2019
The dollar sank broadly against its rivals on Thursday and is on track for its biggest two-day drop in a year after the U.S. central bank signalled it was ready to cut interest rates as early as next month.
Gold soars to 5-year peak as US Fed signals rate cut
June 20, 2019
Gold prices surged to their highest in more than five years on Thursday after the U.S. Federal Reserve signalled a possible interest rate cut as early as next month, pressuring U.S. Treasury yields and the dollar.
Oil prices jump nearly 3% after official says US drone was shot down
June 20, 2019
Oil jumped nearly 3% to above $63 a barrel after Iran shot down a U.S. military drone, raising fears of conflict between the U.S. and Iran.
10-year Treasury yield drops as low as 1.97%, first time below 2% since November 2016
June 20, 2019
The 10-year Treasury yield fell below 2% for the first time since 2016 overnight after the Fed signaled rate cuts may be on the way.
S&P 500 hits record as Wall Street bets the Fed will lower interest rates, Dow surges 250 points
June 20, 2019
Stocks rose sharply on Thursday after the Federal Reserve hinted at possible interest rate cuts as soon as next month.
European stocks up after Bank of England holds rates
June 20, 2019
European stocks traded sharply higher Thursday as investors await an interest rate decision from the Bank of England.
WORLD • Economy
Don’t trust too much in our central-bank superheroes
June 20, 2019
Recent sell-offs across markets have exposed some alarming fragilities
Bank of England leaves key interest rate on hold
June 20, 2019
Central bank keeps borrowing costs at 0.75 per cent despite weaker outlook
Russia’s Strategic Priorities, Viewed from Within
June 20, 2019
Like leaders of all major powers, Russia’s elite must regularly try to divine the future, in order to shape the country’s strategic priorities in a way that anticipates likely challenges. In Russia's case, a recent report by the semi-official Primakov Institute of World Economy and International Relations urges a turn to the West.
