Alex

Belgium is shackled with a political system plagued by dysfunction and is spending beyond its means, putting it on a path of ever-increasing debt...

Asian shares were mixed on Thursday after Wall Street’s lull stretched into a second day, with Chinese benchmarks rising after China reported better-than-expected trade figures for April.

It's been a tale of two assets—crude oil dropping while exchange-traded funds tracking the commodity rise.

Pound Sterling continues to lose ground against the Euro in the run-up to Thursday's Bank of England decision.

If worries about sterling were a factor preventing the Bank of England cutting interest rates too far ahead of the U.S. Federal Reserve, then Japan's dollar-selling intervention may, weirdly, help keep its options open.

Aside from ramen and sausages, South Korea’s convenience stores have a new popular item on the menu — gold bars.

Simultaneously, the recent U.S. Job data showed that the inflation pressure has cooled, although it still stayed above the Fed’s 2% target range. Given that, some have raised their bets over a potential rate cut in July. Notably, such a factor, if happens, could potentially boost the investors’ sentiment, and help Bitcoin maintain stability in August. Meanwhile, as of writing, the Bitcoin price was down 1.10% and traded at $63,585.38, while its trading volume rose 67.61% to $30.56 billion. However, the crypto has touched a high of 65,494.90 in the last 24 hours.

First deputy managing director of IMF says creation of trade blocs based on geopolitical relationships with China, US has been detrimental to global growth.

While overall credit growth is predicted to moderate in FY2025, domestic bond issuance is expected to rise, driven by attractive interest rates and potential foreign investment.

Politburo signals reducing property inventory is key priority.Move sparks hopes government may step in to buy unsold homes.