- January 13th, 2025
In early Monday trades in Asia, the U.S. dollar extended its recent gains, continuing a trend that has been largely driven by market skepticism about further aggressive rate cuts from the Federal Reserve and disappointment over China’s lackluster weekend stimulus...
The Monetary Authority of Singapore (MAS) held its monetary settings steady, reflecting the nation's steady economic performance in the third quarter of 2024. As economies worldwide are adopting more relaxed monetary policies in response to cooling inflation, Singapore's decision to...
Asian stocks saw little movement in early holiday-thinned trade on Monday, as nervous investors speculated on how markets in mainland China might respond to broad but vague economic stimulus promises from the Chinese government over the weekend. Despite hopes of...
Beijing’s efforts to shore up economic growth are boosting investor sentiment as Goldman Sachs revises its growth projections for China’s economy. Goldman Sachs Group Inc. has upgraded its forecasts for China’s economic growth in 2024 and 2025, citing fresh policy...
Chinese stocks surged on Monday, following a weekend announcement by the Ministry of Finance that promised new measures to support the troubled property sector and suggested the potential for increased government borrowing. The pledge to offer financial backing and explore...
Iran’s Foreign Minister Abbas Araghchi declared on Sunday that his country would take whatever measures necessary to defend itself against Israel. This statement came after Iran launched a ballistic missile attack on Israel earlier this month in retaliation for the...
At the Association of Southeast Asian Nations (ASEAN) summit, held in Laos, regional leaders voiced strong demands on two pressing issues: the need for a swift agreement on a code of conduct in the South China Sea and the immediate...
SpaceX successfully conducted its fifth Starship test flight on Sunday, marking an unprecedented feat in aerospace technology. For the first time, the company managed to return the colossal first-stage booster of the Starship rocket—called the Super Heavy—back to its launch...
Taiwan's defense ministry reported on Sunday that a Chinese aircraft carrier group sailed into waters south of the island, stoking fears of another round of Chinese military exercises. The report comes amid heightened tensions between Taipei and Beijing, particularly in...
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