The FTX estate, which inherited the assets of the collapsed crypto exchange and hedge fund, has liquidated most of its stake in the Grayscale Bitcoin...
How the NZ Dollar May Recover from its Slump
The New Zealand dollar (NZD) has been under pressure since the start of the year, as investors bet on a series of interest rate cuts...
How the world is shifting from globalisation to glocalisation
Globalisation, the process of increasing economic, social, and cultural integration across the world, has been a dominant force in the past decades. However, recent events...
Oil prices drop as global demand outlook weakens amid economic slowdown
Oil prices continued to slide on Monday as economic headwinds dampened the global oil demand outlook and overshadowed geopolitical tensions in the Middle East and...
Sun Pharma completes merger with Taro by acquiring remaining shares
Sun Pharmaceutical Industries, India’s largest drug maker, has announced that it will acquire the remaining 21.52% stake in Taro Pharmaceutical Industries, an Israel-based generic dermatology...
How Birch Gold Group Helps Investors Protect Their Retirement Savings with Precious Metals
Many investors like yourself rely on Birch Gold Group to safeguard their retirement savings through the purchase of precious metals. With over a decade of...
A Rare and Ancient Coin Sheds Light on the First Jewish Revolt
A half-shekel silver coin from the first century CE, one of the first coins ever minted in Israel, was recently discovered in the Judean Desert....
Gold Prices Retreat After Record High, But Analysts See Buying Opportunity
Gold prices have experienced a pullback this month after reaching an all-time record high of $2,152 an ounce in December 2023. The precious metal has...
ECB Signals June Rate Cut as Inflation Remains Elusive
European Central Bank President Christine Lagarde said that a rate cut in the summer is “likely” as the central bank seeks to boost inflation and...
Japanese Yen rebounds from weekly lows but remains vulnerable
The Japanese Yen (JPY) recovered some of its losses against the US Dollar (USD) on Wednesday, after hitting a one-and-half-month low of 147.45 on Tuesday....
Franklin Templeton Eyes Ethereum and Solana After Bitcoin ETF Launch
The global investment firm has expressed its bullish views on the two leading layer-one blockchains in a series of tweets. Franklin Templeton, one of the...
How the Red Sea crisis is reshaping the global shipping industry
The Red Sea, a vital waterway for global trade, has become a hotspot of conflict and instability in recent weeks. Yemen-based Houthi rebels have launched...
Inflation fears persist in Israel despite rate cut amid war
The Bank of Israel announced a 25 basis point cut in its benchmark interest rate on Jan. 1, bringing it down to 4.5%. This was...
Inflation Expectations Fall in Canada as Interest Rates Bite
The Bank of Canada’s latest surveys of businesses and consumers show that higher interest rates are having an impact on inflation expectations and economic activity....
China’s economic recovery faces headwinds from deflationary pressures
China, the world’s second-largest economy, is facing a challenging year ahead as it grapples with deflationary pressures amid weak consumer demand and rising debt levels....
Germany faces longest recession since 2000s as 2023 GDP contracts
Germany, Europe’s largest economy, suffered a 0.3% decline in gross domestic product (GDP) in 2023, marking the first year of negative growth since 2020. The...