Adani

Adani Group Refutes FCPA Charges, Clarifies Legal Battle Amid Stock Surge

The Adani Group has clarified that Indian billionaire Gautam Adani and his associates have not been charged under the U.S. Foreign Corrupt Practices Act (FCPA). This statement, issued by Adani Green Energy Ltd. in a filing to the stock exchange...
Bank of Korea, Central Bank, South Korea

Bank of Korea (BOK) Surprises Markets with Back-to-Back Interest Rate Cut

The Bank of Korea (BOK) cut its seven-day repurchase rate by a quarter percentage point to 3% on Thursday, marking its second consecutive rate reduction in less than two months. The unexpected decision came alongside a downgraded economic growth forecast...
Asian Financial Markets

Asian Stocks Hold Steady Amid Thanksgiving Lull, Yen Pulls Back from Gains

 Asian stock markets displayed restrained movements on Thursday as traders opted for caution ahead of the US Thanksgiving holiday, a time traditionally marked by reduced activity in global financial markets. Bond yields softened across the region, while the Japanese yen...
Mexican Pesos- US Dollar

Mexican Peso Surges After Trump-Sheinbaum Call Amid Mixed Signals on Policy Stance

The Mexican peso gained ground Thursday after President-elect Donald Trump described a "wonderful conversation" with Mexico’s President Claudia Sheinbaum, signaling potential cooperation on key bilateral issues. However, diverging statements on migration policy hinted at significant challenges ahead. The peso advanced...
Asian Stocks

Asian Markets Remain Subdued as U.S. Inflation Concerns Linger

Asian shares experienced subdued trading on Thursday, reflecting investor caution as fresh U.S. data showed stalled progress in lowering inflation. While the U.S. economy displayed resilience, uncertainty over the Federal Reserve's monetary policy for 2025 kept traders hesitant. The Thanksgiving...
US-China, Economic

China Praises U.S. Firms Amid Looming Trade War with Trump Administration

Amid rising fears of a renewed U.S.-China trade war, Chinese state media have singled out certain American companies for their “strong collaboration” with local partners. This commentary comes as U.S. President Donald Trump prepares to take office for his second...
Oil

Oil Prices Edge Lower Amid Surprising U.S. Gasoline Stock Build and Light Holiday Trading

Oil prices dipped in Asian trading on Thursday, reflecting unease among investors after a surprising build in U.S. gasoline stocks ahead of the Thanksgiving holiday. The unexpected increase sparked concerns over demand in the world's largest consumer of motor fuel....
Donald Trump

Tulsi Gabbard’s Appointment as Director of National Intelligence: Trump’s Strategy to Tame the “Deep State”

In a striking move reflective of his long-standing battle against what he calls the "Deep State," President-elect Donald Trump has selected Tulsi Gabbard, a former Democratic congresswoman and prominent critic of the U.S. surveillance state, to lead the Office of...
Middle East in Turmoil: A Year of War Reshapes the Region

Israel and Hezbollah Implement Ceasefire in US-Brokered 60-Day Truce

Israel and Hezbollah have agreed to a 60-day ceasefire effective Wednesday, November 27. The truce, mediated by the United States, aims to end over a year of hostilities and pave the way for long-term peace in the region. U.S. President...
Vietnam’s Prime Minister, Pham Minh Chinh

Vietnam’s PM Pushes for U.S. Market Economy Recognition and Advanced Tech Cooperation

Vietnam’s Prime Minister, Pham Minh Chinh, expressed aspirations for deeper economic and technological cooperation with the United States during a high-profile business summit on Wednesday. He called for the U.S. to officially recognize Vietnam as a market economy and to...
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