Economy

China has made significant moves to stimulate its economy over the past months, mainly due to mounting economic pressures. The People’s Bank of China (PBoC) recently implemented one of its…

The highly anticipated 2024 US presidential election between Republican candidate Donald Trump and incumbent Vice President Kamala Harris, representing the Democrats, is set for November 5. With the political stakes…

Car sales in Europe took a hit in September, marking the first consecutive monthly decline in over two years as the region’s economy remained sluggish and consumers cut back on…

HSBC has named Pam Kaur as its new Chief Financial Officer (CFO), marking a historic first in the bank’s 160-year history. Kaur’s appointment follows the leadership reshuffle that saw Georges…

Citi Research has raised its three-month forecast for gold prices, citing a weaker labor market in the US and more rate cut expectations by the Federal Reserve.  The bank has…

Chancellor Rachel Reeves is set to deliver Labour’s first budget in 14 years on Wednesday, October 30. The speech, expected to begin at 12:30 UK time, will be closely watched,…

The USD/THB exchange rate has been in a strong downward trend this year, making the Thailand baht one of the best-performing currencies in the emerging markets. It peaked at 37.25…

Billionaire Elon Musk has launched a bold initiative, promising to give away $1 million each day until the November 2024 election to individuals who sign an online petition supporting the…

China has reduced its benchmark lending rates in an effort to stimulate economic growth and address a struggling housing market. The one-year loan prime rate (LPR) was lowered to 3.10%…