After strong retail sales data, the 10-year Treasury yield surged past 4.80%, causing investors to analyze the future of interest rates and the economy.
Asian markets experienced a decline on Monday (Oct 16) as worries over the growing conflict in the Middle East, specifically Israel's anticipated ground offensive against Hamas in Gaza, raised concerns about a potential regional war involving Iran. Experts cautioned that this escalating tension could lead to a surge in...
According to CSIS' Cahill, the escalating Israel-Hamas war has caused a significant surge in oil prices, with the main concern being the potential involvement of neighboring countries and its impact on the market.
In a week filled with volatility and escalating war risks, the price of oil surged to new heights, recording its most significant weekly gain in a month. This sudden surge was triggered by Iran's statement, suggesting the possibility of a new front opening up in the ongoing conflict between...
Following a report of new stimulus measures in China, European stocks with exposure to the Chinese market experienced a surge in value on Tuesday, as China is reportedly considering boosting its budget deficit for 2023 as part of its efforts to support the economy.
Oxfam warns that a debt crisis plaguing numerous impoverished nations could result in budget cuts exceeding $220 billion within the next five years, putting them at risk of default.
Despite failing to meet targets, Pakistan is projected to secure its second tranche from the International Monetary Fund, according to The Express Tribune. A research house has predicted a positive outlook for the country.
According to official data released on Saturday, China witnessed a surge in inbound and outbound trips during the eight-day Golden Week holiday, recovering to 85% of their pre-pandemic level. However, this figure fell short of an earlier government estimate.
The Norwegian Nobel Committee stated that the Nobel Peace Prize awarded to Narges Mohammadi in 2023 acknowledges not only her activism but also the countless individuals who have protested against the discriminatory and oppressive policies of the theocratic regime, particularly those targeting women.