US stock markets opened sharply lower on Monday after Moody’s downgraded the country’s sovereign credit rating, citing ...

BRUSSELS - The European Commission on May 8 proposed countermeasures on up to 95 billion euros (S$139 billion) of US imports if negotiations with Washington ... aluminium and cars and so-called ...

Money markets priced in a less than 10 per cent chance of a Fed rate cut in May and 90 basis points by year-end, roughly in line with the levels seen last week. Barclays lifted its euro/US dollar ...