Economy
China has officially scrapped its "three red lines" policy for real estate developers, lifting the strict credit limits that ignited a debt crisis still rippling through the world's second-largest economy. According to a report from China Real Estate Business, a publication under the Ministry......
Microsoft's market capitalization plunged by $357 billion on Thursday, securing the second-largest one-day loss in stock market history. Investors punished the tech giant over slowing cloud growth and rising doubts about the returns from its massive artificial intelligence investments. The stock......
The U.S. Treasury labeled China's yuan "largely undervalued" on Thursday and urged Beijing to let it appreciate, toughening its tone in the semiannual currency report while stopping short of naming China a currency manipulator. The assessment cites China's "extremely large and......
British Prime Minister Keir Starmer and Chinese President Xi Jinping announced significant trade agreements Thursday, marking the first visit by a UK leader to China in eight years. The deals, unveiled during an 80-minute meeting at Beijing's Great Hall of the People, include AstraZeneca's 15......
Silver surged to a historic peak of $119 per ounce on January 29, fueled by the Federal Reserve's decision to hold interest rates steady. The metal's parabolic climb has sparked stark warnings from market veterans drawing parallels to past speculative manias. Former JPMorgan chief strategist......
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......
Bitcoin plunged to its lowest point of 2026 over the weekend, dipping below $88,000 as cascading liquidations and a rush to safe-haven assets rattled cryptocurrency markets. Investors grew wary amid escalating geopolitical tensions and uncertainty ahead of the Federal Reserve's interest rate decision......
Global equity funds saw their largest-ever outflows last week, driven by unprecedented withdrawals from China as Beijing's sovereign fund shifted from market support to actively cooling speculative gains. For the week ending January 22, worldwide stock funds recorded $43.2 billion in exits, with......
Canadian Prime Minister Mark Carney stated Sunday that Canada holds no intention of seeking a free trade deal with China, rebuffing President Donald Trump's threat of 100% tariffs on all Canadian goods if Ottawa inks a broader trade pact with Beijing. "We have no intention of doing so with......
A Canadian mining firm has made a significant find in Greenland's remote interior, detecting rare earth elements in samples from its established molybdenum deposit. Greenland Resources Inc., listed on the Toronto Stock Exchange, re-examined archived drill cores from the Malmbjerg project in east-central......
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......
Silver prices have shattered historical records in early 2026, soaring past $90 per ounce for the first time ever. This unprecedented rally stems from persistent supply shortages, fresh Chinese export restrictions, and a rush of safe-haven buying, creating what experts describe as the most intense pressure......
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......
