Economy
A closer look at the world’s largest economies reveals a fascinating paradox: the biggest countries by GDP do not always host the largest companies by market value. In some cases, a single corporation can rival or even surpass the economic output of entire nations. For instance, the United States,......
The African Development Bank (AfDB), through its African Digital Financial Inclusion Fund (ADFI), has granted a $510,000 donation to Bank Al-Maghrib (BAM) to support the expansion of digital payments in Morocco. The funding is aimed at promoting broader adoption of electronic payments, enhancing financial......
A relentless sell-off in technology stocks showed no signs of easing Wednesday as investors dumped software company shares over growing concerns that artificial intelligence will upend their business models. Sparked by Anthropic's launch of Claude Cowork AI plugins on January 30, the rout has now......
Oil prices rebounded Tuesday after Monday's volatile session as traders assessed a historic US-India trade agreement potentially reshaping global energy flows and squeezing Russian oil revenues. Brent crude futures climbed nearly 2 percent, recovering from a 4 percent drop the previous day, while......
U.S. Secretary of State Marco Rubio met with India's External Affairs Minister S. Jaishankar in Washington on Tuesday to celebrate a new trade agreement slashing American tariffs on Indian goods and expanding cooperation on critical minerals and energy security. The State Department talks followed......
Asian stock markets surged Tuesday as investors welcomed two key developments boosting economic outlooks: Australia's central bank raising interest rates for the first time in two years and a fresh US-India trade agreement. Japan's Nikkei 225 jumped over 3%, hitting record highs. South Korea's......
Aviation industry leaders gathered at the Changi Aviation Summit in Singapore raised alarms over persistent supply chain disruptions and escalating geopolitical tensions that threaten the sector's ability to meet surging global demand. Speaking ahead of Asia's largest airshow, Willie Walsh, director......
China holds the top position among nations with the largest foreign exchange reserves, according to recent data from global financial rankings. The country boasts reserves exceeding $3 trillion, a figure that significantly outpaces its closest competitors and underscores its economic dominance on the......
Global economic power in 2026 remains highly concentrated, with a handful of countries accounting for a large share of worldwide output. According to international economic projections, total global gross domestic product (GDP) is expected to reach approximately 123.6 trillion dollars, reflecting steady......
India is set to reduce tariffs on European car imports from 110% to 40% as part of a historic trade agreement with the European Union, sources told Reuters. The move marks the largest opening of India’s automotive market to European manufacturers to date. Under the agreement, which could be signed......
Global solar energy stocks skyrocketed on January 22 and 23, 2026, fueled by developers racing to secure U.S. tax credits before looming deadlines and Elon Musk's announcement at the World Economic Forum in Davos about SpaceX launching AI-powered satellites fueled by space-based solar energy in the......
Asian currencies showed mixed performance on January 23 as the dollar headed for its sharpest weekly drop in months, with gains in China's yuan and Malaysia's ringgit offsetting fresh record lows for India's and Indonesia's rupees. The dollar index hovered near 98.3 and faced a roughly......
Silver prices have soared to record highs near $90 an ounce, fueled by a nearly 200% surge over the past year, driven largely by robust industrial demand from solar panels, electric vehicles, and AI data centers. However, a stark analysis from Neo Wealth Management cautions that this rally faces severe......
