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Economy
The Nasdaq Composite reached an all-time high on Monday, while gold prices surged beyond $3,600 per ounce for the first time, as investors bet heavily on Federal Reserve interest rate cuts following disappointing U.S. employment data. The tech-heavy Nasdaq gained 0.45% to close at 21,798.70, surpassing......
Taiwan’s exports soared to an unprecedented $58.5 billion in August, marking a 34.1% year-on-year increase and the island's highest-ever monthly trade performance. This significant growth defied concerns over newly imposed U.S. tariffs and underscored Taiwan’s pivotal role in the global......
Ethereum’s revenue declined sharply in August 2025, dropping 44% from the previous month to $14.1 million, down from $25.6 million in July. The slump came even as Ether (ETH) reached a historic high of $4,957 on August 24, a 240% increase since April. Impact of the Dencun upgrade The Dencun upgrade,......
If you live in Spain, opening an overseas bank account can offer significant financial benefits, such as holding different currencies and accessing higher savings rates. While maintaining a Spanish bank account is essential for paying bills and taxes, many residents are exploring foreign accounts to......
The resignation of Japan’s Prime Minister Shigeru Ishiba has triggered a rally in Asian markets, driven by optimism over potential fiscal stimulus under his successor. The announcement overshadowed weaker-than-expected Chinese export data, as investors shifted focus to the likelihood of more accommodative......
World Liberty Financial’s (WLFI) crypto token, linked to Donald Trump and his family, has officially launched, transforming from a symbolic concept into a tangible, tradable asset. First announced on September 16, 2024, as a governance token with unclear trading intentions, WLFI went live on major......
ExxonMobil is considering selling its chemical plants in the United Kingdom and Belgium as part of a broader strategic shift, reflecting growing challenges for the European chemical industry. According to a report by the Financial Times on September 3, the American energy giant has initiated preliminary......
Japan and the United States are nearing the conclusion of a trade deal to reduce tariffs on Japanese automobile imports. The agreement, which aims to lower duties from the current 27.5% to 15%, is expected to take effect by the end of September, pending the issuance of an executive order by the US president. Final......
The cryptocurrency market has entered a renewed phase of optimism, with Bitcoin climbing to $110,500, a 2.8% increase from $107,400. This uptick highlights improving investor sentiment amid lingering macroeconomic uncertainties. Alongside Bitcoin’s resurgence, emerging projects like Bitcoin Hyper......
Long-term government borrowing costs have climbed to their highest levels in decades across major economies, driven by rising fiscal concerns and inflation fears that are reshaping bond markets. Japanese 30-year bond yields reached a record 3.28% on Wednesday, while UK gilt yields soared to levels unseen......
The price of gold surged to an unprecedented $3,516 per ounce on Tuesday, propelled by mounting economic uncertainty that drove investors away from equities. The precious metal briefly hit $3,516.31 during Asian trading before settling near $3,508.50, marking a significant milestone in its continued......
Syria has exported 600,000 barrels of heavy crude oil from the port of Tartus, marking its first official oil shipment in 14 years. This historic development follows the lifting of U.S. sanctions in June, after the removal of former President Bashar al-Assad in December 2024. The move signifies a critical......
France’s national postal service, La Poste, has suspended business parcel deliveries to the United States, joining several European operators in response to upcoming import tariffs imposed by the Trump administration. The decision, effective Monday, excludes personal gifts valued under $100, which......