Is the US economy too strong for a rate cut?
The Federal Reserve is having its last meeting of the year on the 17th of December. The market is now…
Gold prices steady amid South Korea’s political turmoil, US economic data in focus
Gold prices were little changed on Wednesday amid political turmoil in South Korea, while traders waited for more cues from…
South Korea’s political turbulence shakes markets but democracy endures
South Korea experienced an unexpected political upheaval as President Yoon Suk Yeol declared martial law in the middle of the…
Here’s why Rio Tinto is raising its 2025 copper output forecast
Australian mining giant Rio Tinto has forecast higher consolidated mined refined copper production next year, driven by an anticipated surge…
How Chinese steel imports are affecting India’s steel industry
A flood of cheap Chinese steel has prompted smaller Indian mills to consider scaling back of operation and job cuts,…
National Bank of Canada profits soar on wealth management growth
National Bank of Canada (NBC) announced significantly increased earnings for the fourth quarter, primarily due to the robust performance of…
Venezuela unveils ambitious $22.7 billion 2025 budget amid deep oil revenues decline
Venezuela’s Vice President, Delcy Rodriguez, made an important announcement on Tuesday, outlining the government’s ambitious $22.7 billion budget for fiscal…
Nasdaq and S&P 500 hit record highs on Salesforce, Marvell gains
US equity benchmarks rose on Wednesday led by gains in technology shares such as Salesforce and Marvell Technology. At the…
Australian dollar slides to 4-mth low as soft GDP fuels rate cut bets
Investing.com– The Australian dollar weakened sharply on Wednesday after softer-than-expected gross domestic product data spurred increased bets that the Reserve…
Asian FX muted; S.Korean won at 2-year low amid political jitters
Investing.com– Asian currencies drifted lower on Wednesday with the South Korean won at a two-year low after President Yoon Suk-Yeol’s…