Is the US market about to lose its dominance as global banks start to converge?
The Federal Reserve is set to join the European Central Bank (ECB) and the rest of the world in gradually moving away from the aggressive rate hikes seen in the…
Economy
1601 posts
China’s new chipmaking machines: can they compete with Western tech?
China has recently announced the development of two new lithography machines, aimed at reducing its reliance on the US in semiconductor manufacturing. This move is part of China’s broader efforts…
Gold poised for record rally after minor setback if Fed opts for 25 bps cut: Goldman Sachs
Gold is likely to experience a short-term decline if the Federal Reserve opts for a modest 25-basis-point interest rate cut this week, but Goldman Sachs analysts expect the metal to…
Italian espresso prices could rise by 66% as global coffee costs soar
Italy’s cherished coffee culture is facing a significant challenge as global coffee bean prices surge to record highs, potentially forcing Italians to pay up to €2 for their beloved espresso…
Forex forecasts: South African rand (ZAR) and Turkish lira (TRY)
The forex market will be eventful this week as central banks in the US, Japan, and many other countries publish their interest rate decisions. The most notable one will be…
Why Mexico’s judicial reform is sparking controversy
Mexico’s recent Senate approval of a far-reaching judicial reform has ignited a heated debate among legal experts, judges, and international observers. This reform, backed by the ruling party Movimiento Regeneración…
Interview: September & October good for going long, Poddar of Motilal Oswal suggests investors
True to the month’s reputation, September has brought in much volatility for markets in India and the world over and caution has set in among investors. Beyond the September 17-18…
Trump token speculation heats up as Polymarket bettors see 84% chance of launch before 2024 election
Speculation surrounding a potential cryptocurrency launch by former US President Donald Trump has intensified, with betting markets placing an 84% probability of the event occurring before the November 2024 elections.…
China to raise retirement age for first time since 1978, sparking public outcry
In a historic policy shift, China has announced its first increase in the retirement age since 1978, aiming to address its shrinking labor force and aging population. Endorsed by top…
Biden targets Chinese imports with new rule to eliminate tariff exemption loophole
The Biden administration is set to overhaul US trade regulations with a new rule that seeks to close the “de minimis” exemption loophole, which currently allows low-value imports to bypass…