Economy

Crypto exchange Crypto.com has emerged as the dominant platform for trading digital assets in North America. The Block data shows the firm’s trading activity jumped by over 295% from July’s…

Donald Trump’s recent threats to impose sweeping tariffs on European imports, citing the EU’s insufficient purchases of American exports, have revived anxieties around a potential trade war. With a bold…

In October, foreign institutional investors (FIIs) pulled out a staggering $12 billion from Indian equities, surpassing the previous record set in March 2020. Yet, despite these heavy withdrawals, India’s equity…

Gold prices breached the $2,800 per ounce mark on Wednesday to hit a fresh record high as uncertainty over US elections and geopolitical tensions fueled safe-haven demand.  “Against the backdrop of…

It is hard to be optimistic about France’s financial situation lately. Last week, Moody’s downgraded France’s credit outlook from “stable” to “negative,” a move that also supports earlier concerns from…

ByteDance founder Zhang Yiming has been crowned China’s wealthiest person, according to the Hurun Research Institute, displacing Nongfu Spring’s Zhong Shanshan, who led for the last three years. Zhang’s $49.3…

After years of welcoming immigrants to tackle labour shortages and boost economic growth, Canada is shifting gears. On October 24, Prime Minister Justin Trudeau’s government announced plans to cut immigration,…

China’s central bank, the People’s Bank of China (PBOC), has announced the expansion of its monetary policy tools by introducing an outright reverse repurchase agreements (repos) facility. This monthly tool…

Gold prices were under pressure on Monday as the dollar and US Treasury yields rose, denting demand for the precious metal.  Easing concerns over a bigger conflict in the Middle…