Economy – Page 64 – Golden Financier

Economy

US-China tensions drive $4.1 trillion in assets to Singapore, surpassing Hong Kong

Singapore’s strategic positioning as a global financial hub continues to strengthen, with the city-state outpacing long-time rival Hong Kong. Bolstered by political stability, favourable tax policies, and a reputation for…

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Economy

Is the digital euro Europe’s future or a risky distraction?

The European Central Bank (ECB) is pushing hard for the digital euro. It argues that Europe risks falling behind in the global race for central bank digital currencies (CBDCs). ECB…

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Economy

Oil prices stabilises as traders eye OPEC+ meeting for further cues

Oil prices rose on Wednesday as investors assessed the impact of a ceasefire deal between Israel and Hezbollah, and an upcoming meeting of OPEC+ on Sunday. “Investors are assessing the…

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Economy

Is Argentina’s economic miracle real?

Argentina is undergoing dramatic economic changes under President Javier Milei, who took office in December 2023. After inheriting one of the world’s most troubled economies, Milei implemented drastic reforms aimed…

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Economy

Interview: Indian startups and US firms forge deeper ties, mirroring US-Israel business integration, says UIV’s Bhaskar Majumdar

India’s startup ecosystem, home to over 100 unicorn companies, continues to thrive despite challenges. Between 2014 and mid-2024, it attracted over $150 billion in investments, making it the third-largest in…

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Economy

Trump’s proposed tariff plans: a bold move toward trade wars or a negotiation tactic?

President-elect Donald Trump’s pledge to impose sweeping tariffs on imports from Canada, Mexico, and China has reignited global trade tensions. His proposed measures, which include a 25% tariff on Canadian…

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Economy

Tesla excluded from California’s proposed EV buyer incentive program, stock drops: ‘This is insane’

California Governor Gavin Newsom has unveiled a controversial plan to provide state rebates to electric vehicle (EV) buyers, effectively excluding Tesla Inc. from the program. The decision pits Newsom, a…

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Economy

UK businesses in ‘damage control’ mode as £40bn tax hike sparks investment fears

The UK government’s recent budget announcement has sent ripples across the business community, with Chancellor Rachel Reeves revealing a £40 billion tax hike aimed at stabilizing public finances. Key measures…

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Economy

Dow Jones, S&P 500 rise on strong US manufacturing data; Gap jumps 15%, while Alphabet and NVIDIA slide

US equity benchmarks rose on Friday as investors’ sentiments were boosted by positive economic data from the world’s biggest economy. At the time of writing, the Dow Jones Industrial Average…

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Economy

Survey reveals $270K salary seen as key to financial success in the US, but many fall short

A new survey by Empower has set a high bar for financial success in the US, revealing that an annual income of $233,000 and a net worth of $5.3 million…

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