Economy
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Germany’s Fiscal Stimulus Poised to Propel Euro Area Growth
Nearly €800 Billion Investment Package Expected to Boost Regional Economy Germany’s ambitious fiscal stimulus plan, committing nearly €800 billion to…
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China’s Nuclear Ambitions Set to Reshape Global Uranium Market
Citi Research Warns of Underestimated Demand, Projecting China to Become Largest Reactor Operator by 2030 NEW YORK, NY – October…
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Singapore Cracks Down on Facebook Scams, Orders Meta to Implement Anti-Scam Measures
SINGAPORE – In a decisive move to combat the surging tide of online scams, Singapore police have issued a groundbreaking…
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Federal Judge Halts Trump Administration’s Expanded Fast-Track Deportations
WASHINGTON, D.C. – A federal judge on Friday issued a ruling that temporarily halts the Trump administration’s policies aimed at significantly…
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Chinese Trade Envoy Visits U.S. for Bilateral Economic Discussions
BEIJING/WASHINGTON – China’s trade representative, Li Chenggang, successfully concluded a significant visit to the United States from August 27-29, engaging in…
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SkyWest Flights Briefly Grounded Due to Technical Glitch, Operations Resume
WASHINGTON – All flights operated by SkyWest Airlines, the largest regional airline in the United States, were temporarily grounded on Friday…
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Wall Street Holds Breath for Nvidia Earnings Amidst AI Rally Scrutiny
New York, NY – U.S. stock index futures saw minimal movement on Wednesday as the market adopted a wait-and-see approach ahead…
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Government’s Intel Investment Sparks Debate on Industrial Policy
Washington D.C. – The U.S. government’s recent acquisition of a 9.9% equity stake in semiconductor giant Intel has ignited a lively…
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Federal Judge Blocks Trump From Cutting Funds to Over 30 Sanctuary Jurisdictions
The ruling expands a previous injunction, with the judge calling the administration’s threat to withhold funds from cities like Los…
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US Tariffs and Investor Flight to Cap Indian Stock Gains, Poll Shows
BENGALURU – India’s stock markets are poised for only modest gains by the end of the year, as pressure from steep…
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Bolsonaro Drafted Asylum Request to Argentina Amid Coup Trial, Police Say
BRASILIA – Brazilian federal police revealed Wednesday that former President Jair Bolsonaro drafted a letter requesting political asylum in Argentina, a…
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Wall Street Pauses as Investors Await Cues from Fed and Ukraine Peace Talks
NEW YORK – U.S. stock futures were subdued early Monday as investors adopted a cautious stance ahead of a pivotal week…
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Global Markets Brace for Key Tests From Ukraine Peace Talks and Jackson Hole
LONDON/NEW YORK – After a period of strong gains, global financial markets are facing a pivotal week packed with geopolitical…
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German Apartment Building Permits Rise 7.9% in June, Hinting at Recovery
FRANKFURT – Building permits for new apartments in Germany rose by 7.9% in June compared to the same month last year,…
Egypt’s Inflation Rate Eases to 13.9% as Food Prices Fall
CAIRO – Egypt’s annual urban inflation rate cooled to 13.9% in July, dropping from 14.9% in June, according to official data…
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Tokyo Stocks Surge on US Tariff Relief as Fed Reshuffle Looms
TOKYO/LONDON – Japanese stocks surged on Friday after the U.S. government promised to resolve an issue with overlapping tariffs on Japanese…
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Shanghai Stocks Hit 3.5-Year High on U.S.-China Trade Deal Optimism
Investor confidence grows as positive trade signals and supportive domestic policies lift the benchmark index for a third straight session,…
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Senior Japanese Lawmaker Calls for Cautious BOJ Policy to Shield Economy
In a call for stability, influential politician Ken Saito emphasizes the need for supportive monetary policy and a stable government…
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Global Markets Push Higher as Investors Focus on Fed Rate Cut Hopes
Asian and European markets gain and Wall Street futures point to a higher open, with markets looking past weak U.S.…
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RBI Signals Confidence in Economy, Holds Interest Rates Steady
India’s central bank keeps its growth forecast at a solid 6.5% and lowers its inflation outlook, projecting a bright future…
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Thailand’s Economic Outlook Brightens with Sharply Upgraded Export Forecast
A key business committee now projects 2-3% growth in exports for the year, a significant turnaround that signals a potential…
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Wall Street Rallies as Weak Jobs Report Fuels Fed Rate Cut Hopes
(Reuters) – The main U.S. stock indexes advanced on Monday, recovering from the prior session’s sharp decline as anticipation grew for…
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Reduced U.S. Tariff Fails to Undo Damage to Lesotho’s Textile Industry
MASERU (Reuters) – The recent reduction of a steep U.S. tariff on goods from Lesotho is not enough to reverse the…
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Japanese Panel Recommends Record 6% Minimum Wage Hike to Counter Inflation
TOKYO (Reuters) – A panel within Japan’s Labour Ministry put forward a recommendation on Monday for a 6% increase to the…
