Tuesday saw an increase in oil prices as Houthi terrorists from Yemen, who are affiliated with Iran, attacked ships in the Red Sea, disrupting maritime traffic and forcing firms to reroute vessels. At 05:30 GMT, Brent crude futures increased by… Read More ›
Strategy
BOJ Maintains Its Ultra Loose Monetary Policy While Concentrating On The Time Of Departure
In a largely anticipated move, the Bank of Japan kept ultra-loose monetary policy on Tuesday, highlighting policymakers’ need to wait for additional information on whether wage growth will be sufficient to sustain inflation at its target rate of 2%. Additionally,… Read More ›
Emissions From Business Travel Declining As Fewer Businesses Fly, Finds New Research
According to statistics released on Monday, nearly half of 217 international companies reduced their carbon emissions from business travel by at least 50% between 2019 and 2022. This is because business travel has recovered from the pandemic far more slowly… Read More ›
Officials Predict China’s Economic Situation Would Improve In 2024
In 2024, favourable conditions as well as greater chances than obstacles are anticipated for China’s economy, according to state media, which cited representatives of the finance and economy office of the Chinese Communist Party. According to a thorough readout of… Read More ›
Major Central Banks Disagree Over When Interest Rate Cuts Will Occur Initially
The major central banks of the West have all maintained unaltered interest rates in recent days, but they have taken very different stances towards the market’s much-anticipated 2024 rate decreases. The Federal Reserve of the United States sent risk markets… Read More ›
Vaping Was The Fastest Growing Segment In UK Groceries In 2023
According to industry data, sales of cigarettes, cigars, and loose tobacco declined precipitously in 2023, while vaping goods grew at the quickest rate in UK grocery stores for the second year in a row. In October, the British government suggested… Read More ›
US Economy Remains Strong As Retail Sales Exceed Forecasts And Jobless Rates Remain Low
The holiday shopping season got off to a fast start amid deep discounting, and U.S. retail sales surprisingly increased in November. This is likely to keep the economy on a moderate growth path this quarter and allay fears of a… Read More ›
Five Reasons Why Indian Equity Market Is Rising And Would Continue To Do So
India is now the favourite among its Asia-Pacific peers after its stock markets saw record-breaking rises this year. The Nifty 50 index hit yet another top on Tuesday, continuing its trend of setting new records. Now up over 15% so… Read More ›
Excited Markets Rise In Response To Rate Cut Indications
International stock markets surged to their greatest levels in more than a year and a half on Thursday, while borrowing prices and the value of the dollar fell as signs of impending rate cuts from the world’s most powerful central… Read More ›
With Rate Hikes Probably Over, The US Fed Now Considers When To Make Decreases
The U.S. central bank chairman, Jerome Powell, stated that the historic tightening of monetary policy is probably done as inflation declines more quickly than anticipated and that talks about lowering borrowing costs are starting to “come into view” as the… Read More ›