Economy

US stocks remain resilient following the Federal Reserve’s decision to lower its key interest rate by another 25 basis points on Thursday. According to the post-meeting statement: The Committee judges…

China announced a sweeping $1.4 trillion package on Friday aimed at addressing the pressing issue of local government debt, with further economic measures expected next year. Minister of Finance Lan…

US equity benchmarks rose slightly on Friday as investors assessed the Federal Reserve’s interest rate cut on Thursday.  The US Fed cut interest rates by 25 basis points on Thursday,…

The Federal Reserve lowered its benchmark interest rate by 0.25 percentage points on Thursday, acknowledging a job market that has “generally eased” and ongoing progress toward its 2% inflation target.…

US equity benchmarks rose slightly on Thursday ahead of the outcome of the US Federal Reserve’s policy meeting later in the day.  Benchmark averages extended gains from Wednesday and hit…

President-elect Donald Trump has secured victory in the 2024 election, overcoming Vice President Kamala Harris in a closely watched race. The former president, who previously held office from 2017 to…

The Biden administration is currently fast-tracking $9 billion in military aid to Ukraine. The outgoing president aims to shore up Kyiv’s defences before a leadership change that could drastically shift…

Following the election victory of Donald J Trump on Wednesday, while stocks rallied as investors showed optimism for Trump’s policies favouring tax cuts, deregulation, and government spending, bond market movements…

Donald Trump’s return to the White House marks a historic win. He is now only the second president, after Grover Cleveland, to serve non-consecutive terms. Trump’s victory signals a likely…