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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 Federal Reserve is widely expected to cut interest rates again next week, a move fueled by inflation data that met Wall Street’s expectations....
South Korea’s stock market faced a turbulent 2024, with the benchmark Kospi index declining over 7%. This significant underperformance compared to other regional markets...
Major US equity averages fell on Thursday as investors assessed a hotter-than-expected producer price index reading for November. At the time of writing, the...
The Bank of Canada (BoC) is preparing to make a substantial statement regarding decreasing its key policy interest rate, with strong expectations for a...
Europe’s largest package tour operator, TUI, revealed that cash-strapped consumers are opting for more affordable holiday destinations such as Egypt, Bulgaria, and Tunisia. The...
The European automobile industry finds itself at a critical juncture as it transitions toward electrification. Mounting competition from Chinese manufacturers, stricter carbon regulations, and...
As Indian equity markets grapple with stiff valuations, investors are increasingly exploring international opportunities, particularly in the United States. Wall Street’s recent strong performance,...
The stock market’s recent retreat has left traders on edge, even as the S&P 500 remains close to its record highs. Despite a two-day...
Small-cap stocks have enjoyed a stellar 2024, with the S&P 600 index soaring more than 14% year-to-date, driven by optimism surrounding President-elect Donald Trump’s...
In a troubling economic development, Brazil’s annual inflation rate increased to 4.87% in November, the highest rate in 14 months. The gain from 4.76%...