US dollar

Dollar’s Week-Long Swings Subside, China NPC Meeting Takes Lead in Market Focus

Soros Fund Management, founded by billionaire investor and philanthropist George Soros, has announced plans to close its Hong Kong office, signaling a shift in its Asia-Pacific strategy. The decision is reportedly part of a larger administrative reorganization aimed at streamlining...
chinese stocks

Chinese Earnings Rebound Masks Ongoing Struggles: Market Volatility and External Pressures Compound Economic Challenges

After a prolonged period of financial turbulence, corporate earnings in China showed a modest recovery in the third quarter of 2024. Profits of companies listed on China’s domestic stock markets increased by 3.7% year-on-year, reversing declines seen in the prior...
Australia employment market

Australia’s Hiring Surge and Steady Unemployment Rate: A Catalyst for Delayed Interest-Rate Cuts

Australia’s employment market remained impressively robust in September, according to the latest data released on Thursday, showcasing a sustained growth in hiring and a stable unemployment rate. The new figures triggered a sharp rise in the Australian dollar and bond...
Cryptocurrency

Massive Cryptocurrency Fraud Bust: FBI Creates New Digital Token to Expose Market Manipulation

In a groundbreaking investigation, federal authorities have charged three cryptocurrency companies and 15 individuals with fraud and market manipulation schemes that rocked the digital currency world. The FBI, in a first-of-its-kind move, directed the creation of a new cryptocurrency token...
Crude Oil

Oil Prices Plummet as China’s Lack of New Stimulus Sparks Market Decline

Global Crude Prices Fall Amid Disappointment Over China's Economic Plans, Middle East Tensions Loom Oil prices took a sharp plunge on Tuesday, with global benchmark Brent crude dropping as much as 5.6%, and West Texas Intermediate (WTI) retreating by as...
France Rafale F4

France Launches Ambitious Development of “Super Rafale” Fighter Jet to Outshine F-35 by 2030

France has initiated the development of an advanced variant of its renowned Rafale fighter jet, aiming to surpass the capabilities of the American-made F-35. Starting in 2024, Dassault Aviation, the manufacturer of the Rafale, will work alongside the French government...
U.S. Treasury Secretary Janet Yellen

U.S. Treasury Secretary Janet Yellen Addresses Japan’s Currency Market Intervention

In a recent interview with the Nikkei Business Daily, U.S. Treasury Secretary Janet Yellen commented on Japan's intervention in the foreign exchange market in 2022. Yellen revealed that the Japanese government had provided an explanation for their actions, citing significant...
exploded blasts

Bangladesh exploded 4 blasts petrol pumps, market

Dhaka Bangladesh exploded. Four blasts took place in Aminabazar and Savar in the capital city of Dhaka. In addition, Dhaka Police recovered six live bombs, which were later defused by the team. According to Dhaka media, the explosions took place...