- January 11th, 2025
Defaults in China’s opaque local debt market have surged to an all-time high, catching investors off guard, as they mistakenly assumed these investments carried an implicit guarantee from the state. The rapid rise in defaults has left many retail investors,...
In a significant stride towards fostering deeper collaboration and economic integration among the BRICS nations, China has announced the establishment of a China Center for Cooperation on Development of Special Economic Zones (SEZs) across BRICS countries. This innovative move, which...
In Greek mythology, the Trojan princess Cassandra stood as an infamous figure whose prophetic powers were both a blessing and a curse. Gifted by Apollo with the ability to foresee future events, she warned her fellow Trojans that the wooden...
In a move that could profoundly affect the smartphone and personal computing markets, Arm Holdings Plc has announced the cancellation of a key architectural license that allowed longtime partner Qualcomm Inc. to use its intellectual property for designing chips. This...
In a critical statement on Wednesday, October 11, Japanese Finance Minister Katsunobu Kato issued a sharp warning against speculative activity in the currency market, expressing concerns over the ongoing "one-sided, rapid" depreciation of the yen. Speaking at a press conference...
Oil prices rebounded on Thursday following a significant retreat midweek, as traders recalibrated their positions amidst escalating tensions in the Middle East and mixed signals on global market fundamentals. Brent crude futures edged higher toward $76 per barrel, while West...
Asian shares saw a decline on Thursday as investors reacted to a confluence of global factors including surging U.S. Treasury yields, political uncertainty surrounding the U.S. presidential election, and renewed fears about the global economic outlook. While positive earnings from...
Beijing-based smartphone maker Xiaomi Inc. has reportedly achieved a significant technological breakthrough with the successful "tapeout" of its first 3 nanometer (nm) system-on-chip (SoC) processor. According to Tang Jianguo, the chief economist at the Beijing Municipal Bureau of Economy and...
Tokyo Metro Co., the operator of one of the world’s largest and busiest subway networks, made an impressive entrance into the stock market on Wednesday, with its shares surging as much as 47% in their trading debut. The company's initial...
Thailand's central bank governor, Sethaput Suthiwartnarueput, provided crucial insights into the Bank of Thailand's (BOT) monetary strategy. His remarks come on the heels of the BOT's first interest rate cut in more than four years, a move that surprised markets...
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