World shares advance after China cuts interest rates to boost economy
Tuesday, 20 May 2025 World shares experienced a rally following China's decision to cut key interest rates in response to economic challenges intensified by trade tensions with the US Australia also reduced its benchmark interest rate. CATL, a Chinese electric battery maker, saw its shares jump in its Hong Kong trading debut. Meanwhile, US stocks faced pressure after Moody's downgraded the US
US Federal Reserve keeps interest rates unchanged as it awaits the impacts of Trump's global tariffs
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Credit: euronews (in English) Duration: 02:00Published
Japan publicly revealed its upgraded Type 12 missile launcher during the Fuji Firepower Exercise on June 8. Featuring stealth tech and a 1,000 km range, the surface-to-ship system is built for striking..
Chancellor Rachel Reeves has welcomed the cut to interest rates announced by the Bank of England. Interest rates have gone from 4.5% to 4.25%. Ms Reeves said: "We have had four interest rate cuts now..
Tuesday, 20 May 2025
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