Asian stocks hit a 7-month high, China’s yuan leaped, and safe-harbor assets slid Tuesday, amid indicators of goodwill between the U.S. and China, as the world’s two largest economies ready to sign a truce in their trade battle. The U.S. […]
Japanese fashion billionaire Yusaku Maezawa is giving away $9 million to his Twitter fans in what he calls a “social experiment” to check if the money boosts their happiness. Maezawa will send 1 million yen ($9,000) to 1,000 followers selected […]
Singapore’s economy developed at its slowest rate in a decade last year as its manufacturing industry contracted, preliminary data confirmed Thursday. However, fourth-quarter data firmed expectations for a modest recovery in 2020. The export-oriented economy has been walloped by the […]
Oil held steady on the final day of the year Tuesday, heading for their highest annual increase since 2016, supported by a break in the prolonged U.S.-China trade war and supply cuts. Brent crude futures for March delivery, the new front-month […]
President Trump again wagged his finger at the Federal Reserve Sunday, telling reporters that the Dow could be “5,000 to 10,000 points higher” if these on the central bank knew what they had been doing. “If the Fed knew what […]
The rain and flooding that has affected Corn Belt farmers continue to be reflected within the poor Crop Progress numbers, based on Monday’s latest update from the U.S. Department of Agriculture (USDA). The percentage of corn considered “good” or “excellent” […]
There’s been lots of talk about how cryptocurrencies and blockchain are at odds with policy aims and nation-states, especially with the emergence of Libra and the reaction to it from policy-makers across the world. Nevertheless, there are areas of collaboration […]
A new mission of the International Monetary Fund will arrive tomorrow for the fourth time in Buenos Aires to review the numbers of the economy and meet with representatives of the Government, businessmen and members of the opposition. A spokesman […]