- December 22nd, 2024
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...
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...
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’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...
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...
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 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...
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...