Why is Trump threatening to regain control of the Panama Canal?
US President-elect Donald Trump has demanded that Panama reduce its canal fees for American ships or face calls to return the Panama Canal to US control. Addressing a crowd of…
Economy
1096 posts
Gold struggles to lure buyers after Fed’s hawkish signals
Despite rising geopolitical tensions, gold prices have been lacking bullish conviction, according to experts. Prices were little changed on Monday as the market tread cautiously in the wake of the…
Malaysia’s 1MDB files $1B lawsuit against Amicorp Group over alleged fraud
In a fresh twist to the 1Malaysia Development Berhad (1MDB) scandal, the Malaysian state fund has launched a $1 billion legal claim against Amicorp Group and its CEO, Toine Knipping.…
Will Trump let TikTok operate in US temporarily after campaign success?
President-elect Donald Trump has hinted at a surprising reversal regarding TikTok’s operations in the United States. Speaking at AmericaFest in Phoenix, Arizona, Trump acknowledged the platform’s immense popularity during his…
Brazilian Real rebounds past 6.1 per USD amid Central Bank interventions
The Brazilian real showed signs of recovery on Friday, rising over 6.1 per US dollar after falling to a record low of 6.29 on December 18. This comeback is primarily…
US inflation cools in November, offering relief amidst Fed concerns
The latest economic data reveals a welcome moderation in inflation, as the personal consumption expenditures (PCE) price index rose by a less-than-expected 0.1% in November. This figure, a notable decrease…
The growing power of the individual investor
Professional investors have long held significant advantages over individual investors. They have vast resources at their disposal, including technology, data, and dedicated teams of market analysts. The prevailing wisdom is…
Laopu Gold stock surges 437% since June listing: what’s fueling the rally?
Despite sluggish demand in the retail jewellery market, Beijing-based Laopu Gold has emerged as a standout success. With revenue skyrocketing 148% year-on-year in the first half of 2024 and stock…
Indian rupee rebounds slightly after hitting record low of Rs 85.13
The Indian rupee saw a modest recovery on December 20, appreciating by 6 paise to open at Rs 85.07 against the US dollar in early trade. This comes after it…
Amazon workers strike: key facilities disrupted amid escalating labor tensions
The largest strike in Amazon’s history, organized by the International Brotherhood of Teamsters, erupted across the US this week, marking a significant escalation in the ongoing battle for better wages,…