- December 27th, 2024
Asian equities faced a mild decline in early trading today, with investors showing a cautious stance as they await the impending U.S. presidential election and the Federal Reserve’s highly anticipated interest rate decision. The current political and economic climate has...
As the U.S. presidential election inches closer, billions in crypto-backed bets have flooded prediction markets, positioning Donald Trump as the preferred candidate over Kamala Harris. Platforms such as Polymarket and Kalshi—leaders in this emerging space—present a significant lead for Trump,...
Chinese electric vehicle (EV) maker Nio is preparing to launch its first-ever hybrid model in 2026, exclusively for international markets including the Middle East, North Africa, and Europe. The hybrid, developed under the new “Firefly” brand, aims to address infrastructure...
Beijing Calls for Diplomatic Intervention in Brussels Amid New EU Tariffs on Subsidized Chinese EVs The Chinese government has formally objected to the European Union’s (EU) decision to impose stringent duties on Chinese electric vehicles (EVs). These duties, ranging from...
The Middle East’s leading broadcaster, MBC Group, saw a remarkable surge of 10% in its stock price on the Saudi Exchange after it was announced that the Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, will purchase a majority...
The head of the United States Space Force, General Chance Saltzman, recently issued a stark warning concerning China’s rapid advancements in military space technology, describing the pace and diversity of its developments as "mind-boggling." This acceleration in China's space capabilities...
Despite a nationwide ban on Apple’s iPhone 16, investors barely batted an eye. Indonesia’s decision came after Apple failed to meet local investment requirements, underscoring a mismatch in priorities between the world’s fourth-most populous nation and the world’s most valuable...
Pakistan’s central bank is poised to continue easing its monetary policy as it seeks to revive an economy that, until recently, grappled with the specter of default and one of the highest inflation rates in recent history. On Monday, the...
The International Monetary Fund (IMF) has raised concerns about heightened risks to Asia's economy due to intensifying trade tensions, a prolonged downturn in China's property sector, and potential market turbulence. These factors threaten to disrupt regional growth, with implications for...
China’s economy, the country’s manufacturing activity swung back into growth in October, according to the latest Caixin/S&P Global manufacturing Purchasing Managers’ Index (PMI) released Friday. The PMI rose to 50.3, up from 49.3 in September, signaling an expansion in the...
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