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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...
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...
Shares of Red Cat Holdings surged over 25% on Monday after news broke of its partnership with Palantir to integrate advanced visual navigation software...
The S&P 500 and the Nasdaq Composite rose on Monday as investors waited for the outcome of the US Federal Reserve’s two-day meeting later...
Gold prices were little changed on Tuesday as investors cautiously anticipated further cues from the policy meeting outcome of the US Federal Reserve. Prices...