Luxembourg AuM breaks past €8tn

Luxembourg consolidated its position as the world’s leading cross-border investment hub in 2025, with assets under management in Luxembourg-domiciled funds surpassing €8 trillion for the first time, standing at €8.2 trillion at the end of the year. This reflects the...

Fed keeps benchmark rate unchanged

Fed says implications of developments in Middle East for US economy 'uncertain'. The US Fed has kept its benchmark rates unchanged in an 11-1 vote, at 3.5-3.75% range, in line with market forecasts. The Fed seeks to achieve maximum employment and...