China has overtaken Germany as the leading exporter of electric vehicles (EVs) to South Korea, according to the latest data from the Korea Automobile Importers...
US Automakers Seek Relief from EV Tax Credit Rules
The US Treasury Department is considering granting a temporary reprieve to automakers who are struggling to meet the new requirements for electric vehicle (EV) tax...
Hong Kong’s Cash Crunch: Why Hibor Rates Are Soaring
Hong Kong, one of the world’s leading financial hubs, is facing a severe cash crunch that has pushed the interbank lending rates to the highest...
Asian markets cautious ahead of crucial data, Australia’s ASX 200 gains on real estate and mining stocks
Asian markets traded mixed on Tuesday, as investors awaited key economic data from the US and China, as well as the outcome of the OPEC+...
Gold prices soar to six-month high amid West Asia turmoil
Gold prices have surged to their highest level in six months as the conflict between Israel and Hamas in West Asia continues to escalate. The...
GBP/USD reaches its highest level since early September amid weak dollar and strong UK data
The GBP/USD pair has been on a steady rise for the past few days, reaching its highest level since September 9 on Friday. The pair...
Dollar falls to lowest level in months as inflation data looms
The U.S. dollar slipped to its lowest level in more than two months on Tuesday, as traders awaited the release of the latest inflation data...
Euro hits 16-month high as Fed rate cut bets weigh on dollar
The euro climbed to its highest level since June 2022 on Friday, as bets for smaller Fed rate hikes continued to undermine the US dollar....
Ninja Creami Ice Cream Maker: A Sweet Deal for Cyber Monday
If you are looking for a cool gift for yourself or your loved ones this holiday season, you might want to check out the Ninja...
US stocks rise as holiday shopping season kicks off
The US stock market ended mostly higher on Friday, as investors welcomed the start of the holiday shopping season and shrugged off concerns about the...
Sterling Holds Steady as Dollar Wavers Ahead of Black Friday
The British pound was little changed against the US dollar on Thursday, as markets awaited the outcome of the Thanksgiving holiday and the start of...
Asia stocks fall as oil prices drop, gold surges amid inflation fears
Asia stocks turned lower on Monday, as oil prices slipped after a deal among major producers to boost output, while gold jumped to a six-week...
Lawmakers urge Bank of England to monitor money supply more closely
The Bank of England should pay more attention to the growth of money supply in the economy, a group of British lawmakers said on Monday,...
China’s Industrial Sector Maintains Strong Momentum in August
China’s industrial sector continued to show strong signs of recovery from the coronavirus pandemic, as profits of major industrial firms rose by 28.2% year-on-year in...
Japan’s corporate service prices rise at fastest pace in 13 years
Japan’s corporate service prices, which reflect the prices that companies charge each other for services, rose 1.5% in November from a year earlier, the fastest...
Silvergate Capital recovers from crypto meltdown and repays all depositors
Silvergate Capital, a bank that specialized in serving the crypto industry, has announced that it has fully repaid all its deposit liabilities after shutting down...