A new era in US politics? Donald Trump vs Elon Musk and the rise of platform power
What started as a high-profile partnership between a president and the world’s richest man has collapsed into a live-streamed feud. …
China’s May export growth seen slowing to 5.0% amid trade uncertainty: Reuters poll
China’s export growth is anticipated to have moderated in May, even as a temporary reduction in US tariffs on Chinese…
US aluminium tariffs threaten European scrap shortages, impacting copper market
US aluminium tariffs threaten to trigger a critical shortage of aluminium scrap in Europe, jeopardising secondary production. European Aluminium had…
Russia cuts interest rates for first time since 2022 as inflation eases
Russia’s central bank lowered interest rates for the first time in nearly three years on Friday, as inflation shows signs…
FCA moves to lift retail ban on crypto ETNs to boost UK market competitiveness
The UK’s Financial Conduct Authority (FCA) has proposed lifting its longstanding ban on retail investors buying exchange-traded products (ETPs) tied…
Emerging market assets poised for gains as US dollar weakens, says BofA
Emerging market assets are capturing the attention of investors as potential opportunities for significant returns. According to a recent analysis…
What a war with President Trump could cost Elon Musk’s business empire
The once-close alliance between Elon Musk, the billionaire entrepreneur behind Tesla and SpaceX, and President Donald Trump has unraveled into…
Laopu Gold’s HK$1,000 share price tests rally as valuation, access concerns mount
Laopu Gold Co.’s extraordinary stock surge is facing a test of durability. After soaring more than 2,300% since its June…
India’s energy transition accelerates as coal declines and renewables surge
In May, India witnessed its most significant drop in coal-fired electricity production in half a decade. This decline coincided with…
Nonfarm payrolls report looms: what could move markets and test investor nerves
The stakes are rising ahead of the May nonfarm payrolls report. For months, investors bet on a soft landing: cooling…