admin
The global economy is showing surprising strength in the face of political crises, the International Monetary Fund said, in an update to its World Economic Outlook released Tuesday. With inflation coming down and growth steady, “the likelihood of a hard landing has receded,” the report said. It was just as…
© Reuters. FILE PHOTO: A general view shows the buildings of the U.S. Embassy in Beijing, China, April 21, 2021. REUTERS/Thomas Peter BEIJING (Reuters) – Many Chinese are venting their frustration at the slowing economy and the weak stock market in an unconventional place: the social media account of the…
By Amy Lv and Mai Nguyen BEIJING/HANOI (Reuters) – Rare earth prices have likely bottomed out and are poised to rise later this year on demand from electric vehicles (EVs) and wind power and as dominant producer China is expected to pull back on expanding output quotas, analysts said. Rare…
Investing.com– Most Asian currencies nursed steep losses on Wednesday, while the dollar steadied after a sharp overnight rebound as anticipation of more cues on the Federal Reserve saw markets question expectations for early interest rate cuts. Sentiment towards Asia also remained fragile following weak economic data from China and a…
By Mike Dolan LONDON (Reuters) -The China conundrum aside, a search for undervalued assets already seems to be tempting some investors back to emerging markets – but Western savers happily hunkered down at home may struggle to accept the case. In the slipstream of the global rate cut euphoria late…
Ukraine’s main military intelligence agency accused Russian forces of using Starlink terminals produced by Elon Musk’s SpaceX in occupied areas.Starlink has been adamant that its satellite networks have never operated or been marketed in Russia, after its terminals were delivered to Ukraine following the February 2022 invasion, in order to…
Good news has been sparse for the German economy. And the latest economic data has not done much to change this.A few key 2023 data points, namely factory orders, exports and industrial production, were out last week and indicated a weak end to the year that saw questions about Germany…
President Joe Biden doesn’t want corporate greed to eat into your Super Bowl snack spread. In a video posted Sunday to X, formerly known as Twitter, the president called on companies to put a stop to “shrinkflation.” “When buying snacks for the game, you might have noticed one thing: Sports…
Last updated: February 12, 2024 03:06 EST | 2 min read Source: AdobeStock / FiledIMAGE An Australian court has dismissed allegations relating to Block Earner’s DeFi “Access” service in a legal case brought by the Australian Securities and Investments Commission (ASIC).Justice Ian McNeil Jackman, who presided over the case, has…
Marriage is hard, and money makes it harder. Merging two lives, two beings who are always changing, is a delicate balance of individual autonomy and collective submission that requires perpetual calibration. Into this fragile ecosystem, each partner brings their own financial history, and the balance sheet—what you own and what…