Economy

The People’s Bank of China (PBOC) plays a pivotal role in shaping global foreign exchange (FX) markets through its daily yuan fixing mechanism. By establishing a central parity rate for…

After a lacklustre performance in recent years, Indian large-cap stocks could see a comeback in 2025, driven by attractive valuations resulting from foreign investor selling and the potential for strong…

US stock index futures edged higher on the last trading day of 2024, capping off a remarkable year that saw equities rally to record highs, fueled by a confluence of…

In 2024, US credit card defaults surged by 50% compared to the previous year, reaching levels not seen since 2010, according to data from BankRegData analyzed by the Financial Times.…

Inflation dominated financial searches in 2024, reflecting widespread economic concerns, while tariffs, stock splits, and cryptocurrencies also captured significant public interest. A recent report from Investopedia revealed its “Terms of…

Chipmaker Nvidia was all the rage in 2024, as the little known company went on to become one of the most valuable companies in the world, often taking the top…

The demand for mutual funds in India has seen substantial growth over the past decade, driven by increasing financial awareness, greater access to investment options, and a rising middle class,…

The debate surrounding the true nature of cryptocurrency continues to evolve, with San Francisco Federal Reserve President Mary Daly weighing in on the matter. In a recent interview, Daly argued…

According to a letter sent to Congress, Chinese state-sponsored hackers accessed sensitive Treasury data through a compromised cloud-based service provided by BeyondTrust Inc. While the department has contained the immediate…