- January 30th, 2025
The Reserve Bank of Australia (RBA) is inching closer to joining other major central banks in cutting interest rates, signaling a shift from its year-long period of monetary policy restraint. The decision to hold the cash rate steady at 4.35%...
China’s move toward a more relaxed monetary policy in 2025 is stirring optimism in financial markets, with analysts forecasting further declines in sovereign bond yields that are already at record lows. The prospect of a sustained easing cycle is reshaping...
Asian Stock Markets React to South Korean Political Unrest Asian markets struggled on Friday as investors reacted to political instability in South Korea and anticipated critical U.S. job data. MSCI's broadest index of Asia-Pacific shares outside Japan dipped by 0.3%,...
Asian stocks mirrored a drop on Wall Street as caution dominated the markets ahead of pivotal US jobs data. This data is expected to offer key insights into the Federal Reserve’s monetary policy trajectory. A regional equities benchmark slipped 0.2%,...
Back in our college days, few things defined our nights out quite like the hunt for the cheapest liquor we could find. It was a time when brands like Svedka and Smirnoff dominated our pre-party rituals, Four Loko was our...
The euro lingered near two-year lows on Thursday as France’s government collapse spurred fears about the stability of the eurozone's second-largest economy. Meanwhile, the South Korean won steadied after enduring a political shock triggered by a martial law controversy. These...
Asian stock markets exhibited mixed performances on Thursday following a historic high on Wall Street. Investors grew increasingly hopeful for U.S. Federal Reserve rate cuts after softer U.S. services data suggested a cooling economy, boosting market sentiment. The S&P 500,...
Chinese e-commerce platform Temu, operated by PDD Holdings, has been ordered to suspend operations in Vietnam after missing the deadline to complete its business registration, Vietnamese state media reported on Thursday. The Ministry of Industry and Trade confirmed that Temu...
Bitcoin, the world’s most popular cryptocurrency, soared above $100,000 for the first time on Thursday, marking a historic milestone for digital assets. This unprecedented rise follows the election of Republican Donald Trump as President of the United States, an event...
The United States has introduced sweeping new sanctions targeting China’s chip industry, escalating its technological rivalry with Beijing. Announced on Monday by the U.S. Department of Commerce's Bureau of Industry and Security (BIS), these measures focus on advanced semiconductor technologies,...
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