Is China really the world’s superpower?
People asked if China would catch up to the United States. Then the question became when will China catch up. And now it’s slowly becoming about whether anyone can stop…
Economy
1618 posts
Fed’s dovish stance fuels gold surge as experts eye further gains
It seems like there is no stopping gold’s current rally. Gold prices on COMEX breached the $4,200-per-ounce mark on Wednesday for the first time on rising expectations of further interest rate…
What keeps the AI bubble from bursting — and what it means for investors
Discussions around the topic of whether we’re in an AI bubble have been going on for more than three years now. Every time some major news is reported, the same…
UK unemployment rises as hiring slows and wage growth eases
UK unemployment climbed to its highest level since May 2021 as hiring weakened and wage growth lost momentum, signalling a softening labour market ahead of next month’s budget.The data, released…
Michelin stock slumps 9% as profit downgrade triggers concerns over 2026 targets
Shares in French tyre maker Michelin plunged more than 9% on Tuesday after the company sharply cut its full-year profit outlook, citing deteriorating market conditions and a steep fall in…
Commerzbank questions recent surge in copper price given dodgy supply situation
The dramatic price increase in the copper market is not as dire as it seems. The copper prices dropped about $500 per ton on Friday after US President Donald Trump threatened…
Argentina’s election uncertainty threatens market rally despite US support
Despite an extraordinary show of financial backing from the United States for President Javier Milei’s libertarian reform agenda, Argentina’s upcoming October 26 elections have emerged as the primary risk to…
Wall street outlook: 5 factors that could shape the week ahead
Wall Street is looking at a volatile week ahead as US President Donald Trump’s latest tariffs on China is expected to increase the uncertainties among investors.The ongoing government shutdown is…
Qualcomm CEO meets India’s PM Modi amid AI boom: here’s what it means
Qualcomm CEO Cristiano Amon met with Indian Prime Minister Narendra Modi on Saturday, as the Asian country looks to ride the wave of the global AI boom.The meeting, which came…
Gold on track for $6,000? Is it delusion or destiny?
Gold’s explosive rally has stunned markets this year. Spot and Comex gold have breached $4,000 an ounce for the first time, marking a more than 50% surge year-to-date – the…