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.…
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Chinese regulators have instructed the country’s banks to reduce the interest rates they offer on deposits from other financial institutions. This move aims to free up…
Premarket trading saw Goldman Sachs’ shares rise more than 3% as its third-quarter profit increased by 45% due to a recovery in bond sales, stock offerings,…
Monday saw an all-time low for the Indian rupee due to ongoing dollar demand by international banks, most likely on behalf of their custodial customers.The rupee…
Oil prices declined on Monday after last week’s sharpest weekly increase in over a year. Concerns about oversupply and weaker demand offset fears that a broader…
The Philippines aims to level the playing field with domestic brick-and-mortar players. To achieve this, the country will impose a 12% value-added tax (VAT) on digital…
On Friday, Shigeru Ishiba, the country’s future prime minister, emphasized how important it is for the economy to properly recover from deflation.He said Japan must revive…
On Tuesday, China announced stimulus measures to bolster its economy. Following this announcement, the widely watched global stock index reached a record high, and copper prices…
Governor Kazuo Ueda stated on Tuesday that the Bank of Japan can take its time assessing market and foreign economic developments. He implied that the central…
Mercedes-Benz lowered its full-year profit margin target for the second time in less than two months. The company joins an increasing number of competitors blaming declining…