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28 January
China passes eight fixed-asset investment projects totaling 9 billion yuan

China's National Development and Reform Commission (NDRC) approved eight investment projects aimed at the country's capital stock in October. Their cost is expected to be 9 billion yuan ($1.27 billion), committee spokesman Meng Wei said in a press release on Wednesday.

16 November 2022
Dollar loses ground amid expectations of the Fed's interest rate peak

As more Federal Reserve officials point to a slowdown in interest rates and traders suggest that peak rates might be close, the US dollar is beginning to weaken.

16 November 2022
Morgan Stanley predicts dollar peak and emerging markets growth by next year

According to the Morgan Stanley forecast, the dollar reaching its peak will lead to a decline in the currency in 2023, along with Treasury yields on expectations of slowing inflation.

15 November 2022
Bitcoin rises as investors await recovery fund details

Cryptocurrencies were seen rising on Tuesday as investors then awaited more details regarding the industry's recovery fund from Binance Holdings Ltd CEO Changpeng "CZ" Zhao.

15 November 2022
Biden and Xi took big step to reduce tensions between US and China

US officials had little hope of reaching any kind of noticeable success before the meeting Joe Biden and Xi Jinping had in Bali on Monday evening.

15 November 2022
China keeps rate unchanged, balancing economic risks

The People's Bank of China (PBOC) on Tuesday extended the maturity of medium-term loans and also kept their interest rate unchanged. The interest rate has remained the same for three months. Probably, officials suggested that the yuan could weaken further with a looser monetary policy.

15 November 2022
Amazon will cut 10,000 jobs this week

Amazon plans to carry out wide-reaching firings of about 10,000 workers this week, as reported by the New York Times, citing unnamed sources.

15 November 2022
Turmoil in the cryptocurrency market shows possible risks for the financial system

In the recent turmoil in the cryptocurrency market, the Federal Reserve’s top Banking Regulator sees a warning for the financial system as a whole.

15 November 2022
Switzerland is highly likely to raise key rate again

According to a statement made by President of The Swiss National Bank Thomas Jordan, there’s a high possibility of another rate hike in December.

15 November 2022
Sunak points out that he will keep a "triple lock" on the U.K. state pension

Tax and spending information is expected on Thursday. British pensioners got the clearest hint from Prime Minister Rishi Sunak that he will stand up to protect them

15 November 2022