Revenue fell from $80 million to $20 million in the bear market. OTC lending at $260 million outstanding is the fastest-growing line, targeting $1 billion by year-end.

Pakistan applies for $10bn US forex facility, leverages Iran mediation

Japan, US carried out joint forex intervention Friday for 1st time since 2011

Ending the war can strengthen the prospects for democracy.

In the Pacific War, the U.S. Navy’s underwater demolition teams prepared the way for U.S. and allied amphibious landings on enemy-held islands. Through beach reconnaissance, obstacle breaching, mine clearance, and other missions, these teams paved paths for the first waves of amphibious assaults con

Despite attempts, the figure is virtually impossible to calculate

The stakes have never been higher for technology in politics, war and statecraft.

As the Democratic Socialists of America bash the Senate, calling for its abolition, many Republicans and conservatives are bashing the DSA, for daring to question James Madison’s constitutional design. Surprisingly, both are partly right.

Investors’ hopes of a stellar year in emerging markets are being tested by a bruising July that may offer a taste of the headwinds ahead.

The one-way trade in semiconductor stocks that has defined equity markets this year is coming unglued, triggering stomach-churning volatility as investors grow increasingly concerned that the fire-hose of artificial intelligence spending won’t continue.