Forex

Oil Jumps Nearly 4% as US and Iran Exchange Fresh Strikes

Crude climbed nearly 4% and the Dow fell on Monday after the US and Iran exchanged attacks for the first time since July.

NBA Suspends Clippers Owner Ballmer, Strips Five Draft Picks Over Kawhi Deal

The NBA suspended Clippers owner Steve Ballmer for one year, stripped five first-round draft picks and fined the team $30 million over the Kawhi Leonard ca

New York City Bans AI for Students Through 8th Grade for One Year

New York City announced a one-year ban on AI tools for students through eighth grade, with new literacy classes and screen-time caps for older students.

Two Killed and Suspect Dead in Downtown Minneapolis High-Rise Shooting

Two people were killed and seven wounded, including three police officers, in a shooting at a downtown Minneapolis high-rise Wednesday. The suspect is dead

HPE Raises Annual Forecasts as AI Server Demand Lifts Quarterly Revenue

Hewlett Packard Enterprise raised its annual profit and revenue forecasts after AI server and networking demand drove a quarterly earnings beat.

Yen Slides to Two-Week Low as Dovish BOJ Nominations Deepen Policy Uncertainty

The Japanese yen weakened to a two-week low amid uncertainty over the Bank of Japan's policy direction following dovish board nominations and ongoing global trade tensions.

Yen Volatility Returns as Leaders Walk Back Comments on Currency Benefits

Japan’s leadership moved to limit market fallout after comments praising a weaker yen triggered a selloff and sent the dollar back above 155. Officials emphasized the remarks were general and not a directional signal.

Bitcoin Slides Below $80,000 As Thin Liquidity And Fed-Policy Jitters Deepen The Crypto Selloff

Bitcoin fell below $80,000 as thin weekend liquidity and renewed concerns about Fed tightening and balance-sheet reduction triggered a broader crypto selloff that also pushed Ether sharply lower.

JP Morgan CEO Jamie Dimon Slams Trump’s Credit Card Cap as ‘Economic Disaster’

JPMorgan Chase CEO Jamie Dimon has issued a stark warning against former President Donald Trump's proposal to cap credit card interest rates at 10%....

Gold Prices Soar Past $4,800 Amidst Geopolitical Storms and Safe-Haven Rush

Gold prices surge above $4,800 per ounce driven by geopolitical tensions, safe-haven demand, and a weaker US dollar. Explore the factors influencing this record-breaking rally and what it means for investors.

Navigating Forex Volatility: US-China Trade Tensions and Fed Policy Shape Currency Markets

Global forex markets are experiencing significant fluctuations, driven by the ongoing US-China trade negotiations and the US Federal Reserve's monetary policy stance. Investors are...

China’s Central Bank Bolsters Yuan Stability and Eases Forex Transactions

China's central bank and foreign exchange regulator are implementing a series of measures aimed at stabilizing the yuan and streamlining foreign exchange transactions. These...

All You Need to Know About Cryptocurrency Debit Card

The widespread adoption of digital assets has paved the way for financial solutions that connect cryptocurrencies with traditional payment systems. One of the most...

China’s Fiscal Revenue Expected to Improve as Economy Rebounds, Says Finance Minister

China's Finance Minister Liu Kun has highlighted the country's fiscal revenue growth prospects for the year ahead, pointing to an expected improvement in the...

Chinese Central Bank Senior Official Shares Plan to Increase Renminbi’s Global Profile

China is determined to expand the international reach of its currency, the renminbi, in the coming year. A senior official of China's central bank,...

Foreign investment in China surges to $19.02 billion in January

The Chinese economy continues to attract significant amounts of foreign capital, with the actual use of foreign capital on the Chinese mainland hitting 127.69...

Chinese Yuan Weakens Against US Dollar, Prompting Speculation on Trade Tensions

The China Foreign Exchange Trade System announced that the central parity rate of the Chinese currency, the renminbi or yuan, weakened by 336 pips...

Beijing Stock Exchange launches margin trading and securities lending transactions

The Beijing Stock Exchange (BSE) has announced the official launch of margin trading and securities lending transactions, a move aimed at improving the trading...

HKEX signs cooperation memo with Saudi Arabia exchange

The Hong Kong Exchanges and Clearing Limited (HKEX) made a big move in the world of finance on Monday as they announced they have...

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