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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...
Japan’s core inflation rate slowed in September, marking the first decline in five months, driven by government utility subsidies aimed at alleviating price pressures....
In an unexpected twist for homebuyers, Walmart (WMT) is stepping into the tiny house market, providing affordable living options just as Amazon previously ventured...
China’s central bank unveiled two new funding schemes on Friday, aiming to inject as much as 800 billion yuan ($112.38 billion) into its stock...
Japan’s currency officials have issued a warning as the yen has dropped beyond the critical threshold of 150 per dollar, signaling the risk of...
Inflation in the UK dropped unexpectedly to 1.7% in September 2024, its lowest level in over three years, according to the Office for National...
Britain’s new government is poised to unveil a budget on October 30 that aims to bolster investor confidence, with global asset manager PIMCO indicating...
Foreign investors in the UK, including ultra-wealthy non-domiciled individuals, are advocating for an Italian-style flat-tax regime to prevent a significant outflow of wealth from...
The launch of World Liberty Financial (WLFI), a cryptocurrency endorsed by Donald Trump, has encountered significant challenges, raising only $11.8 million within its first...
In a significant restructuring effort, McKinsey & Co., the prominent US-based consulting firm, is poised to overhaul its operations in China, which includes laying...
The Turkish lira has strengthened slightly in the past few weeks as the country’s economy has improved, helped by the robust tourism sector. The...