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According to World Bank estimates, remittances to low- and middle-income countries reached $685 billion in 2024, up from $647 billion in 2023. With remittances...
It seems as though China’s imports of sanctioned oil are rebounding amid trade tensions with the US. Immediately after Shandong’s shipping ban and the...
Oil is headed for its biggest weekly gains since the middle of January as supply disruptions and rising demand supported sentiments. A weaker US...
In October 2023, NR Narayana Murthy, co-founder of Infosys—one of India’s leading IT services companies—sparked a heated debate when he suggested that Indians should...
The Bank of England (BoE) should act promptly to reduce interest rates to counter signs of a weakening British economy, according to Alan Taylor,...
In a historic move, the Biden administration announced on Tuesday plans to remove Cuba from state sponsor of terrorism list. This decision comes just...
In a pivotal development aimed at ending over 15 months of devastating conflict, Israel and Hamas have reached a phased agreement to bring an...
As spot Bitcoin exchange-traded funds (ETFs) mark their first anniversary and Ethereum ETFs reach the six-month milestone, the cryptocurrency market is gearing up for...
China’s trade surplus hit almost a trillion dollars in 2024, driven by record exports of $3.6 trillion, according to official data. The surplus, which...
The Biden administration has taken another significant step in addressing the United States’ mounting student debt crisis, announcing $4.2 billion in relief for over...
In an unprecedented move, South Korea’s impeached president, Yoon Suk Yeol, was detained on Wednesday morning at his presidential residence in Seoul becoming the...
Wall Street saw a modest uptick on Tuesday as investors turned their focus to upcoming US inflation data following a better-than-expected producer price index...
Despite the US economy showing resilience with strong GDP growth, manufacturing stocks have lagged behind broader market indices, but analysts believe the sector is...