China’s new chipmaking machines: can they compete with Western tech?
China has recently announced the development of two new lithography machines, aimed at reducing its reliance on the US in…
Gold poised for record rally after minor setback if Fed opts for 25 bps cut: Goldman Sachs
Gold is likely to experience a short-term decline if the Federal Reserve opts for a modest 25-basis-point interest rate cut…
FTM, TIA, and SUNDOG poised for continued recovery as potential Fed rate cut looms
This week remains vital for the financial industry, with markets expecting tomorrow’s first rate cut by the Federal Reserve since…
New Covid XEC variant spreads across Europe and beyond: what you need to know
As the Covid-19 pandemic continues to evolve, a new variant known as the Covid XEC variant is starting to spread…
Is there still hope for China’s economy?
China’s economic outlook has grown increasingly uncertain in recent months as key indicators continue to disappoint. With industrial output, retail…
German investor confidence falls further in September as economic woes worsen
Germany’s industrial heartland is facing growing economic challenges as investor confidence nosedives, casting a shadow over the future of Europe’s…
Harris blames Trump for death of Georgia woman amid abortion ban controversy: ‘This is exactly what we feared’
Vice President Kamala Harris has publicly criticized former President Donald Trump, attributing the death of a Georgia woman to his…
Canada’s inflation drops to 2% in August, signalling economic stability amid housing concerns
Canada’s annual inflation rate eased to 2% in August 2024, the lowest level since February 2021, marking a significant milestone…
THG plans to spin off Ingenuity unit; shares drop over 8%
British e-commerce giant THG (formerly The Hut Group) has revealed plans to spin off its technology division, Ingenuity, signaling a…
China’s ultra-rich population soars by 108% over the past decade
China’s centi-millionaire population—individuals with investable assets of $100 million or more—has surged by an astonishing 108% over the past decade,…