Why is Kia stock tumbling today?
The Dow Jones Industrial Average fell 792.67 points, or 1.72%, to 45,167.44. The S&P 500 declined 113.35 points, or 1.75%, to 6,363.75, while the Nasdaq Composite dropped 459.72 points, or 2.15%, to 20,948.36.
Economy
Why is Amkor Technology stock surging today?
The semiconductor sector is once again demonstrating its sensitivity to both macro-economic signals and the relentless march of artificial intelligence. Today, July 14, 2026, Monolithic Power Systems (NASDAQ: MPWR) and …
Burnham urged to award £2.4bn military satellite contract to Airbus over US rival
One of the Labour party’s biggest union backers has called for Andy Burnham to award a £2.4bn military satellite contract to the European manufacturer Airbus rather than a US rival, Lockheed Martin, amid concerns that a…
Mass job cuts loom at VW as profits fall steeply on China sales slump
Volkswagen has reported a steep fall in profits and cut its revenue forecast amid a sales slump in China, as the German carmaker pushes through a brutal cost-cutting programme that includes axeing up to 100,000 jobs.
ECB to extend use of climate factors in Eurosystem collateral framework to non-financial corporate credit claims
The Governing Council of the European Central Bank (ECB) has decided to extend the use of climate factors in the Eurosystem collateral framework to certain eligible credit claims whose debtor is a non-financial corporat…
‘The captain told me to wear a nappy on board’ – why is air travel so humiliating for disabled passengers?
From being abused by staff and other travellers to being denied access to toilets, flying is an increasingly distressing and frustrating experience for many wheelchair users. Here, they share their stories
US hits dozens of countries with new wave of tariffs
The US has imposed new tariffs on 60 trading partners in the latest escalation in the trade war reignited by US President Donald Trump when he returned to office last year.
Scotch whisky levy lifted as Trump imposes new wave of US tariffs
The Scottish government has welcomed the lifting of tariffs on Scotch whisky exports to the United States.
Japanese Yen remains pinned near 40-year low as Fed-BoJ rate gap keeps carry trade active
The USD/JPY pair edges lower on Friday as bulls turn cautious in anticipation of a potential government intervention to prop up the Japanese Yen (JPY). Nevertheless, spot prices remain within striking distance of the fo…
Watch: Another day, more Trump tariffs - but are they working?
The US has imposed new tariffs on 60 trading partners in the latest escalation in the trade war reignited by US President Donald Trump when he returned to office last year.
Silver Price Forecast: XAG/USD recovers as the US Dollar eases
Silver (XAG/USD) trades around $58.55 at the time of writing on Friday, up 2.24% on the day, benefiting from a modest pullback in the US Dollar (USD) following its recent rally. The white metal is attempting to recover …
Turkish Lira: Tight CBRT funding offers marginal support – Commerzbank
According to Commerzbank’s Tatha Ghose, the Central Bank of the Republic of Türkiye (CBRT) kept its one-week repo rate at 37.0% and maintained the corridor at 35.5%-40.0%. With the repo window still closed, effective fu…
Russian Ruble: CBR seen holding rate despite pressure to cut – Commerzbank
Commerzbank’s Tatha Ghose expects Russia’s central bank to keep its key rate at 14.25%, despite political and economic pressure for a cut. Surging inflation expectations, higher Oil and commodity prices, and acceleratin…
ECB's Kocher: Don't see evidence of second-round effects
European Central Bank (ECB) Governing Council member Martin Kocher said on Friday that he doesn’t see any hard evidence of second-round effects, but the central bank will act if the inflation outlook deteriorates.
‘It’s become a nepo baby sport’: how secondhand fashion got so expensive
Vintage boutique owner Janelle Best has been rummaging in thrift shop bins since the 90s. When she started, she says, there was a stigma about it. “It was either you were a freak, or you were poor – and I was a freak.”
Economists agree: Bank of England to stay on hold amid easing inflation outlook
The Bank of England (BoE) is expected to keep its interest rate unchanged at 3.75% at its July 30 monetary policy meeting, according to a Reuters poll of 70 economists. None of the respondents expects a change in intere…
Burnham urged to lobby EU leaders directly to waive EES border controls
Andy Burnham has been urged to lobby EU leaders directly to suspend the new entry-exit system, EES, as the peak weekend for overseas holidays begins.
Results of the June 2026 survey on credit terms and conditions in euro-denominated securities financing and OTC derivatives markets (SESFOD)
The June 2026 survey covered a period of heightened market volatility from March to May 2026. Escalating conflict in the Middle East triggered an oil supply shock that drove commodity prices sharply higher. This weighed…
Tech titan ordered to pay ex-wife $644m in divorce settlement
The chairman of corporate giant SK Group has been ordered by a South Korean court to pay his ex-wife 944bn won (£483m; $644m) in a case that local media has called the "divorce of the century".
CEE FX: Higher rates to stabilise regional currencies – ING
ING’s Frantisek Taborsky reports that surging Oil and gas prices triggered a sharp hawkish repricing of policy paths in Poland, the Czech Republic and Hungary, taking implied tightening back to stressed March–April peak…
Results of the ECB Survey of Professional Forecasters for the third quarter of 2026
Respondents’ expectations for headline inflation, as measured by the Harmonised Index of Consumer Prices (HICP), stood at 2.7% for 2026, 2.2% for 2027 and 2.0% for 2028. Compared with the previous round, these expectati…
US S&P Global PMI expected to highlight resilient business activity in July
S&P Global will release the July flash Purchasing Managers' Indices (PMIs) for the United States (US) on Friday. These surveys of top private-sector executives are seen as an early indicator of the country’s economic he…
Trump’s latest tariffs put UK at disadvantage to EU, say experts
Donald Trump’s latest round of tariffs has put UK businesses at a disadvantage against the EU even though the overall tariff for British goods has not changed, experts have said.
Euro holds steady vs British Pound after stronger Eurozone, UK data
EUR/GBP trades around 0.8550 at the time of writing on Friday, remaining broadly stable despite a series of stronger-than-expected economic releases from the Eurozone and the United Kingdom (UK). Investors continue to f…