Economy – Page 71 – Golden Financier

Economy

China’s November factory growth surges to 5-month high: Caixin PMI hits 51.5

China’s manufacturing sector recorded its strongest growth in five months in November, offering fresh signs of recovery in the world’s second-largest economy. The Caixin/S&P Global Manufacturing Purchasing Manager’s Index (PMI)…

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Economy

France’s government crisis: A warning for financial stability

France is on the verge of a political and financial crisis, with Prime Minister Michel Barnier’s minority government under threat of collapse. An impending vote of no-confidence and contentious budget…

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Economy

Tesla’s 33% November surge drives tech rally, lifting dow, S&P 500, and Nasdaq

Wall Street’s major averages rose on Friday at the start of a shortened trading day. At the time of writing, the Dow Jones Industrial Average was up 0.3%, while the…

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Economy

OPEC+ output cuts extended: a difficult decision amidst market uncertainty

The oil markets were left on the edge after the Organization of the Petroleum Exporting Countries and allies postponed their much-anticipated meeting on Sunday. OPEC on Thursday said that the…

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Economy

The story behind China’s rise to becoming the world’s largest car exporter

China has transformed into the world’s largest car producer and exporter, surpassing traditional automotive powerhouses like Germany and Japan. This remarkable rise has been driven by massive government investment, a…

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Economy

Gautam Adani responds to US bribery allegations: ‘Negativity spreads faster than facts’

Adani Group founder Gautam Adani broke his silence on Saturday regarding allegations by US authorities linking him and his conglomerate to a $265 million bribery scheme. Addressing the claims for…

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Economy

Oil prices rise on renewed supply tensions; Brent may struggle to breach $75/barrel

Oil was volatile on Friday as prices rose on renewed concerns over supply risks after Israel and Hezbollah traded accusations of ceasefire violations. At the time of writing, the price…

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Economy

Brazil’s tax exemption strategy fuels currency decline and market turmoil

On Thursday, Brazil’s government presented a package of measures to save more than 70 billion reais ($11.8 billion) over the next two years. These policies are part of a new…

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Economy

Tesla’s 33% November surge drives tech rally, lifting dow, S&P 500, and Nasdaq

Wall Street’s major averages rose on Friday at the start of a shortened trading day. At the time of writing, the Dow Jones Industrial Average was up 0.3%, while the…

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Economy

Canadian dollar falls below 1.4 per USD: GDP growth disappoints

In recent weeks, the Canadian dollar has been under considerable pressure, weakening past the 1.4 per USD mark and inching closer to its mid-2020 low of 1.41, which was last…

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