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US Inflation Outlook Drops, Consumer Confidence Soars in December

US economic dynamics see a shift as year-ahead inflation expectations decline sharply, contrasting with a robust 13% surge in consumer sentiment for December, according to a recent University of Michigan survey.

8-12-2023, 18:56

Bitcoin Surpasses $41,000, Hits 20-Month High Amid ETF Approval Hopes

Bitcoin's value soared to over $41,000, reaching its highest point in two years, fueled by optimism surrounding the potential approval of exchange-traded funds (ETFs).

4-12-2023, 00:32

Binance CEO to Resign Amidst $4.3 Billion Settlement with US Authorities

Changpeng Zhao, CEO of Binance, is set to admit guilt in criminal charges, leading to a $4.3 billion settlement. The resolution includes fines, forfeitures, and new regulations for the world's largest cryptocurrency trading platform in the US.

21-11-2023, 20:41

China's Economic Resilience Shines: Surges in Retail Sales and Industrial Output Defy Expectations

China defies market expectations with a robust economic performance in October, as retail sales and industrial production exhibit impressive growth, signaling resilience amid economic challenges.

15-11-2023, 18:11

Ethiopia Proposes Innovative Solutions to Maritime Challenges

Ethiopia offers neighboring countries participation in its dam project and shares in its national airline to address maritime challenges.

14-11-2023, 18:01

Oil Prices Dip as China's Exports Slide and US Dollar Strengthens

Here are the factors behind the shifts and the measures taken by major oil-exporting nations to stabilize prices.

7-11-2023, 02:48

Nasdaq Notches 7th Consecutive Gain, Sets Longest Winning Streak Since January

The Nasdaq extended its remarkable winning streak for the seventh straight trading day, achieving its longest run of gains since January. Meanwhile, other major indices, including the Dow Jones and S&P 500, also posted positive gains.

7-11-2023, 00:08

Japanese Companies to Invest $6.33 Billion in Malaysia, Strengthening Bilateral Ties

Malaysian Prime Minister Anwar Ibrahim announces a significant $6.33 billion investment from Japanese firms in Malaysia.

5-11-2023, 21:58