Merz Gets a Chance to Reset His Chancellorship After Ally Quits
The 48-hour firestorm that took down one of German Chancellor Friedrich Merz’s key parliamentary allies has given him a window to tighten his grip on the policymaking apparatus.
The 48-hour firestorm that took down one of German Chancellor Friedrich Merz’s key parliamentary allies has given him a window to tighten his grip on the policymaking apparatus.
Palm oil fell from a near one-month high following weakness in the crude and vegetable oil complex, denting the appeal of biofuels.
Rising prices for care and managing chronic conditions helped drive up the forecast.
Turkish Airlines is exploring more acquisition opportunities as it looks to expand its global reach.
Japanese insurance firms bought the most super-long government bonds in three years last month, adding to signs that demand from a key buyer is stabilizing.
Iron ore fell for a second day as deteriorating profit margins at Chinese steel mills and continued US-Iran hostilities clouded the demand outlook.
Brent could rally to more than $120 a barrel by the fourth quarter if disruptions of the Strait of Hormuz persist, according to Goldman Sachs Group Inc., although that’s not the bank’s base case.
The rupee is also under strain, with slowing debt inflows coinciding with renewed foreign selling in stocks.