Yahya Sinwar

Death of Yahya Sinwar: A Turning Point in Israel’s War Against Hamas?

The death of Hamas leader Yahya Sinwar, one of the key orchestrators of the group’s brutal attack on southern Israel on October 7, 2023, marks a critical moment in Israel's ongoing conflict with Hamas. Sinwar’s assassination by the Israel Defense...
chinese stocks

Bank of America Strategist Sees More Upside for Chinese Equities Despite Volatility

Chinese equities have emerged as some of the world’s best performers this year, and according to Bank of America Corp.’s top options strategist, Lars Naeckter, there’s still room for growth. Naeckter, who previously predicted significant gains in the Chinese stock...
Electricity Demand in U.S. to Surge for First Time in Decades

Electricity Demand in U.S. to Surge for First Time in Decades

In a new report from energy consultancy Wood Mackenzie, the U.S. is set to experience a significant rise in electricity demand, marking the first substantial growth in decades. The consultancy predicts a national increase of up to 15% in some...
China Economic

U.S. to Counter China’s Industrial Overcapacity with Restrictive Tools: White House

The United States has signaled its intent to push back against China’s growing market dominance, which is fueled by excessive production in key sectors like electric vehicles (EVs), semiconductors, and batteries. Daleep Singh, Deputy National Security Adviser for International Economics,...
New Zealand dollar

New Zealand Dollar Falls to Lowest Rate-Cut Bets and China Concerns

New Zealand’s currency, the kiwi, slumped to its weakest level since August, driven by a combination of rising expectations for larger interest rate cuts and growing concerns over China’s economic outlook. The kiwi fell as much as 0.7% to 60.4...
North Korean leader Kim Jong Un

Kim Jong Un Warns Troops to Treat South Korea as Hostile Enemy, Escalating Tensions on Korean Peninsula

North Korean leader Kim Jong Un issued a stern warning to his troops, reminding them to regard South Korea as a "hostile foreign enemy" and signaling a willingness to use military force if the South infringes upon North Korea's sovereignty....
Netflix

Netflix Holds Off on US Price Hike, Despite Streaming Rivals Raising Rates

In a year marked by rising subscription prices across major streaming platforms like Disney+ and Peacock, Netflix (NFLX) has decided to hold off on raising its US subscription fees — for now. Despite this pause in price hikes, the streaming...
Asian Stock

Asian Markets Mixed; Dollar Nears 11-Week High Amid Strong U.S. Economic Data and Market Sentiment

The U.S. dollar hovered close to an 11-week high against major currencies on Friday, buoyed by robust economic data from the U.S. and growing speculation over a potential election victory for former president Donald Trump. While Asian stock markets reflected...
China Economic

China’s Economic Growth Slows to 4.6% in Q3 Amid Persistent Challenges

China's economy expanded at a slower-than-expected rate of 4.6% in the third quarter of 2024, according to data released by the National Bureau of Statistics on Friday. The latest figures signal a continued deceleration in the world’s second-largest economy, which...
Taiwan Semiconductor Manufacturing Co. (TSMC)

TSMC Shares Reach Record High on AI Surge, Amidst U.S. Investigation Concerns

Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, saw its shares soar to record highs on Friday, following its strong third-quarter earnings and a bullish outlook driven by the rising demand for artificial intelligence (AI) technologies. However, the...
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