Today: 5. Nov, 2024
As the Federal Reserve convenes for its two-day meeting, speculation is rife about the future direction of interest rates amidst an unexpectedly robust economic performance and a cooling inflation rate. The term “no landing” is gaining traction among economists, suggesting a scenario…
Artificial Intelligence (AI) has assumed a pivotal role in the conversations among world leaders and corporate titans attending the annual World Economic Forum in Davos. In an era where remarkable strides in generative AI have garnered substantial attention, both the potential and…
In today’s world, marked by complex global issues, the role of technology, especially artificial intelligence (AI), is becoming increasingly crucial in steering us towards a sustainable and thriving future. The convergence of environmental, societal, and governance challenges has hit a tipping point,…
As 2023’s final trading day concluded, Wall Street witnessed a slight decline in stock values, capping off a surprisingly robust year for the market. Despite the day’s slip, the year’s overall gains have been noteworthy, mainly led by the formidable performance of…
Wall Street is experiencing a remarkable phase, nearing record highs as it heads towards its seventh consecutive winning week. This period of financial prosperity, marked by the S&P 500 being just 1.7% below its all-time high and the Dow Jones Industrial Average…
In the dynamic landscape of China’s real estate market, Country Garden, a prominent Chinese property developer, stands at a critical juncture. Recently, Bloomberg News reported a potential turning point for the embattled company: it may avert a default on its yuan-denominated bonds.…
As it faces a challenging economic environment, China is poised to announce an aggressive growth target for 2024, signaling its determination to rebound from the recent economic slowdown and a faltering property market. This decision is a key element in the country’s…
Wall Street just had a week to remember. As the best week of 2023 for the financial markets drew close, investors received more than they bargained for—a jobs report suggesting a slowdown that could signal a shift in Federal Reserve policy. The…
In the fluid arena of global commerce, China’s ascendancy as a crucial commercial partner has become more evident. Australian Prime Minister Anthony Albanese is set to make a pivotal trip to China, indicating a warming of ties and highlighting China’s significant economic…
The European Central Bank (ECB) has decided to hold interest rates steady at 4% after ten consecutive hikes in July 2022, bringing rates back into positive territory for the first time since 2011. This decision comes amidst new upside risks to inflation…
