Economy

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 additional declines despite potential intervention measures.…

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 market. These initiatives, introduced by the…

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 country. With the government’s budget…

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 24 hours—far short of its ambitious…

In a significant restructuring effort, McKinsey & Co., the prominent US-based consulting firm, is poised to overhaul its operations in China, which includes laying off approximately 500 employees—roughly one-third of…

Goldman Sachs and Amundi are showing increasing confidence in UK bonds, a reflection of optimism that the new government will manage the country’s finances responsibly while aiming to stimulate economic…

Hong Kong has regained its position as the world’s freest economy, narrowly surpassing Singapore, according to the Fraser Institute’s latest Economic Freedom of the World report. The report, which ranks…

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 GBP/TRY exchange rate has retreated from…

Argentine President Javier Milei has provided fresh insights into his government’s currency strategy, signaling a move toward a flexible exchange rate for the peso as the country prepares to lift…