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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...
For years, China’s economy was focused on short-term growth, often at the expense of addressing deeper structural flaws. From its struggling property sector to...
Japan’s trade balance remained in the red for the fourth consecutive month in October, with a deficit of 461 billion yen ($3 billion). This...
The launch of options tied to BlackRock Inc.’s $44 billion iShares Bitcoin Trust has set the stage for potential record-breaking moments for Bitcoin. On...
After encountering a turbulent last week where prices had fallen by 4.6%, gold seems to have regained some of its momentum. Though prices have...
The golden age of luxury appears to be waning. For the first time since the 2009 Great Recession, the personal luxury goods market is...
The Brazilian real strengthened to 5.76 per USD in November, fueled by hawkish expectations for the Brazilian central bank and anticipation of major fiscal...
Cargoes carrying liquefied natural gas (LNG) have been diverted from Asia to Europe in the past few days, Reuters quoted data from analytics firm...
Wall Street’s main indexes rose on Monday as investors waited for major market-moving earnings results. Investors were waiting for the earnings results of AI-chip...
Inflation in the UK has re-entered the spotlight, sparking questions about what lies ahead for the economy. After a sharp decline to 1.7% in...
Ben & Jerry’s, the iconic ice cream brand known for its social activism, filed a lawsuit on Wednesday against its parent company, Unilever, accusing...