- February 5th, 2025
The U.S. Department of the Treasury has added South Korea to its "monitoring list" of trading partners, scrutinizing their foreign exchange practices amid broader concerns regarding currency manipulation and international trade fairness. This latest move comes as part of the...
Japan’s economy managed to post a modest annual growth rate of 0.9% for the July-September period, as consumer spending held steady, government data revealed on Friday. Despite global economic uncertainties and domestic challenges, the world’s fourth-largest economy recorded a 0.2%...
Shares of Findi Ltd., an Australia-based fintech services provider, surged to their highest levels in more than 20 years following the announcement of a landmark acquisition of Tata Communications Payment Solutions Ltd., an India-based payments technology and ATM service unit....
Asian markets struggled on Thursday as mounting concerns over China's sluggish economic performance rippled through the region, dragging down stock indices from Japan to South Korea. This downturn, influenced by China’s economic pressures and policy adjustments, was compounded by a...
Asian markets struggled on Thursday as weak performance in China pulled regional shares lower, while U.S. bond yields rose alongside the dollar as investors closely watched shifting U.S. monetary policy and inflation forecasts following Donald Trump's return to the White...
Bitcoin briefly surged past the $93,000 mark on Thursday, sending shockwaves through the markets and rekindling optimism about the potential for new highs. The leap was driven by a mix of optimism around upcoming Federal Reserve interest-rate cuts and the...
Equities across Asia experienced sharp fluctuations on Thursday as investors weighed the impact of a depreciating yen and a probable U.S. interest rate cut expected next month. The uncertainty drove mixed outcomes in the Asian stock markets as investors assessed...
In a significant shift, copper prices dropped below $9,000 per ton on the London Metal Exchange (LME) for the first time in two months, extending a recent downward trend. The fall, which has seen copper decline approximately 7% since last...
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