Gold prices edged higher on Wednesday. Investors sought the comfort of the safe-haven metal in anticipation of the potential impact of new reciprocal tariffs. U.S. President…
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Morgan Stanley plans to lay off approximately 2,000 employees this month. A person familiar with the matter told Reuters on Tuesday. The reduction of 2% to…
Economy Minister Ryosei Akazawa stated that the Japanese government will collaborate with the Bank of Japan (BOJ). Their goal is to achieve the 2% inflation target…
HSBC’s headcount decreased by 3% last year as the new CEO focused on cost-cutting and implemented significant restructuring within the Asia-centric bank, according to its 2024…
The Reserve Bank of Australia (RBA) expects underlying inflation to decrease faster than previously predicted. This adjustment comes as the RBA downgraded its economic outlook. A…
Asian stocks rose on Friday as they tried to recover from a slow start to 2025. The dollar remained steady, close to a two-year high against…
The Bank of England decided to maintain its main interest rate at 4.75% on Thursday. However, policymakers showed increasing division over the necessity of rate cuts…
Canada’s main stock index dropped to a three-week low on Friday. A decline in metal prices negatively impacted the materials sector, causing the market to lose…
As economic instability, turbulent markets and increasing risks from geopolitical tensions weigh in on MENA economies combined with the economic impact from protracting oil prices, the…
The global cryptocurrency market has surpassed $3 trillion, entering new territory. The election of Donald Trump as U.S. president has encouraged speculation that more favorable U.S.…