Brazil’s central bank warns of prolonged rate-hike cycle amid rising inflation concerns
Brazil’s central bank has issued a stark warning regarding the possibility of a prolonged cycle of interest rate hikes, emphasizing...
Read more
Politics
UBS cuts forecast for China stocks amid potential US tariffs and weak stimulus
UBS Global Wealth Management, the world’s largest wealth manager with US$6.2 trillion in assets under management, has cut its forecast...
Read more
China eyes $1 trillion trade surplus milestone; US and EU eye stricter tariffs
China is on track to achieve a historic milestone, with its trade surplus projected to reach an unprecedented $1 trillion...
Read more
Beyond the collapse of the German government: Is a fresh start for the economy possible?
German chancellor Olaf Scholz recently dissolved his government, a move that came right after Donald Trump’s victory in the US...
Read more
Is Airbnb contributing to the global housing shortage?
French lawmakers took a significant step on November 7 by passing legislation to tighten the regulation of tourist accommodations like...
Read more
OPEC output cuts extended: oil prices to surge?
The Organization of the Petroleum Exporting Countries’ recent decision to extend its production cuts till the end of January has...
Read more
Ibovespa struggles as Brazilian real hits two-week lows amid rising inflation concerns
Brazil’s stock market, represented by the Ibovespa index, faced a challenging week, with the index falling by 1.3% on Friday,...
Read more
Dow and S&P 500 extend gains after Fed rate cut; Tesla hits $1T, chip stocks slip
US equity benchmarks rose slightly on Friday as investors assessed the Federal Reserve’s interest rate cut on Thursday. The US...
Read more
Dow, S&P, Nasdaq hit record highs ahead of Fed decision; Lyft surges 28%, DJT gives up gains
US equity benchmarks rose slightly on Thursday ahead of the outcome of the US Federal Reserve’s policy meeting later in...
Read more
US Federal Reserve cuts rates by a quarter point as job market shows signs of easing amid inflation progress
The Federal Reserve lowered its benchmark interest rate by 0.25 percentage points on Thursday, acknowledging a job market that has...
Read more
