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The Federal Reserve’s September meeting minutes revealed a cautious but clear inclination among policymakers to begin lowering interest rates further this year, though concerns...
On Thursday, China strengthened its rare earth export controls amid a global rush for these commodities. These new restrictions broaden the scope of processing...
Geopolitical tensions in the Middle East eased as Israel and Hamas reached an agreement on the initial phase of a plan to end the...
The Indian rupee saw a modest recovery on December 20, appreciating by 6 paise to open at Rs 85.07 against the US dollar in...
The largest strike in Amazon’s history, organized by the International Brotherhood of Teamsters, erupted across the US this week, marking a significant escalation in...
The South African rand has remained on edge as emerging market currencies slumped after the hawkish Federal Reserve interest rate decision. The USD/ZAR exchange...
On Thursday, the Bank of Japan (BOJ) maintained its benchmark interest rate at 0.25%, citing uncertainties in Japan’s economic activity and pricing dynamics. The...
The USD/NOK exchange rate jumped to its highest level since March 2020 as crude oil prices dropped and as the US dollar index surged....
The South Korean won plunged to its weakest level in 15 years on Thursday, reflecting heightened economic and political risks. The currency was trading...
New Zealand’s economy contracted sharply in the third quarter of 2024, with GDP plummeting by 1.0% compared to the previous quarter, according to government...
The US is preparing to ramp up its trade restrictions on China’s semiconductor industry, this time focusing on legacy chips. With weeks remaining in...
In an unexpected development, Canada’s annual inflation rate fell to 1.9% in November, indicating a widespread drop in consumer prices across all sectors. According...
The biggest central banks around the world are in the spotlight this week as the Federal Reserve, Bank of Japan, and Bank of England...