LiveJapanese Nikkei outperformed, Asian Stocks Ended on a Muted note
The Nikkei average in Japan performed well in trading as compared to other Asian stocks on Tuesday, August 13, 2024. Asian stocks stayed within a...
Category : WORLD
Foreign Investors Withdrew a Record USD 15 Billion from China Amid Economic Pessimism
Foreign investors withdrew a record USD 15 billion from China last quarter due to concerns about the country’s economy. This reflects the deep pessimism about...
China Successfully Test-Flies Largest Cargo Drone as Low-Altitude Economy Soars
China successfully test-flew its largest unmanned cargo aircraft designed for civilian use, marking a significant step in the nation’s development of autonomous aerial vehicles (UAVs)...
Oil Set for 3% Weekly Gain on U.S. Jobs Data Easing Recession Concerns, Mideast tensions
Oil prices went up on Friday, with Brent crude futures rising 22 cents to USD 79.38 per barrel and U.S. West Texas Intermediate crude futures...
US Dollar Near One-Week High on Jobs Relief; Yen Sinks
On Friday, the dollar stayed close to a one-week high compared to other major currencies. This came after the largest decrease in U.S. jobless claims...
Euronav Flagged U.S. Politics and China’s economy as Risks to Shipping Momentum
Euronav, a shipping company based in Belgium, predicts an increase in global sea trade this year due to changes in Red Sea shipping routes. The...
Bank of Japan Sends Strong Dovish Signal Amid Market Meltdown
Shinichi Uchida, the Deputy Governor of the Bank of Japan, sent a strong dovish signal amid historical financial market volatility by pledging to refrain from...
Food Prices Fall: Ending Grocery Greedflation and Shrinkflation
The consumer giants say that greedflation in grocery prices has reached its end in the US and Europe. Consumers are already, after a three-year stretch...
Bitcoin and Ethereum Fall Wipes $367 Billion Amid Crypto Crash
The cryptocurrency market experienced a significant decline, with values falling on Sunday and continuing into Monday morning as investors offloaded risky assets. Bitcoin dropped by...
U.S. Fed Policy Decision: Interest Rate Steady for the 8th Consecutive Meeting, Hints Rate Cut in September
The Federal Reserve decided to maintain the target range for the federal funds rate at 5.25% to 5.5% for the eighth consecutive meeting, indicating the...