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Saudi Arabia’s ambitions in AI have come as a shock to the West. In less than a year, the kingdom has moved from broad...
Gold prices took a breather on Christmas Eve after rising above the psychologically-crucial level of $4,500 per ounce. Silver prices also fell slightly on...
European markets drifted into the Christmas break as thin trading left the FTSE slightly lower, even as the index capped a standout year of...
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...
Asian markets remained in limbo on Wednesday morning ahead of the much-anticipated US Federal Reserve policy decision. Japan’s Nikkei 225 declined by 0.4%, while...
Milan’s Via MonteNapoleone has officially been named the world’s most expensive shopping street, dethroning New York’s Upper Fifth Avenue. According to Cushman & Wakefield’s...
President Luiz Inacio Lula da Silva has upped his criticism of the country’s worrying interest rates, expressing his serious concern for the Brazilian economy....
The Dominican Republic’s annual inflation rate rose slightly to 3.18% in November 2024, from 3.16% the previous month. This reflects a recovery from the...