South Korea is extending trading hours on its main stock exchange, breaking with established norms across major Asian markets as it seeks to attract sustained participation from global investors and move towards
Gold prices soared to an all-time high on Wednesday as investors sought safe-haven assets amid worsening trade tensions between the United States and China. Spot gold climbed 1% to reach $2,858.12 per
More
British Airways has made adjustments to its new loyalty scheme after facing significant complaints from passengers, particularly frequent flyers. The airline had initially announced major changes to its Executive Club at the
More
China has kept the renminbi’s exchange rate steady against the US dollar in its first official currency fix since the announcement of new tariffs by US President Donald Trump. On Wednesday, the
More
In the heart of the Saudi desert, a project of unprecedented ambition is taking shape—NEOM, a $2 trillion mega-development hailed as the future of urban living. Promoted as a utopian city that
More
China has reopened antitrust investigations into Google and Nvidia while considering launching a probe into Intel, in what appears to be a strategic response to U.S. President Donald Trump’s recent tariffs on
More
Chinese manufacturers are intensifying efforts to shift production abroad in a bid to circumvent new tariffs imposed by US President Donald Trump. This move follows Trump’s recent announcement that an additional 10
More
Vessel traffic along the International North-South Transport Corridor (INSTC), a strategic trade route developed by India, Russia, and Iran, surged by 43% in the 2023-24 financial year, according to a recent Indian
More
China has cemented its dominance in Central Asia, with trade turnover in 2024 rising nearly 5% to $94.8 billion, surpassing Russia as the region’s top economic partner. The vast majority of trade
More
Global interest in Greenland has surged after President Donald Trump renewed his push for U.S. control of the Arctic nation, citing its vast energy potential and strategic value. While Denmark and 85%
More
Wall Street was rocked last Monday after Chinese artificial intelligence lab DeepSeek unveiled a breakthrough in AI, surpassing models from OpenAI, Meta, and Anthropic—a direct challenge to Silicon Valley’s dominance. The revelation
More
The unveiling of a powerful artificial intelligence model by Chinese start-up DeepSeek has sent shockwaves through global markets, triggering a $600 billion sell-off in Nvidia shares—the largest single-day loss in US history.
More
Global cryptocurrency markets experienced their largest-ever single-day drop overnight into Monday, with over $2.24 billion in liquidated positions, according to Coinglass, a platform tracking transactions across major exchanges. The unprecedented sell-off wiped
More
A Denver-based company is poised to revive the era of supersonic air travel, potentially offering transatlantic flights that cost no more than current commercial flights but take only half the time. This
More
The United States has demanded that Panama reduce China’s influence over the Panama Canal or face serious consequences, as tensions rise over the waterway’s neutrality. According to the Financial Times, US Secretary
More
As of November 2024, the landscape of U.S. trade continues to be shaped by key international partners. The Trump administration’s recent tariffs, including a 25% levy on imports from Mexico and Canada
More