Argentina’s central bank is currently working with banks and credit card companies to facilitate the introduction of debt cards denominated in US dollars. This announcement was made by bank chief Santiago Bausili in a recent post on X, formerly known as Twitter. The initiative is part of a broader strategy…
Oil prices slipped over 1% on Monday as concerns over poor demand from China, and lack of clarity on the stimulus front weighed on sentiments. After having gained for the last couple of weeks, oil prices were in the red on Monday as the market continued to wait for Israel’s…
Gold prices steadied on Monday after falling earlier in the session as traders weighed disappointing economic data from China against US rate cuts bets. Among industrial metals, copper prices slipped on Monday as China failed to announce a meaningful stimulus package. The country is one of the biggest consumers of…
The World Bank has sounded the alarm on the dire situation facing the world’s 26 poorest countries, which are currently deeper in debt than at any point since 2006. According to the latest report, these low-income economies are more vulnerable than ever to shocks, including natural disasters, and are struggling…
Keir Starmer is set to host a major conference on Monday, focusing on securing international investments in the UK. Having taken office in July, Starmer is determined to reverse years of political and economic instability by promising to overhaul regulations that have stifled growth and deterred private investors. The event…
JD.com (JD) stock price has staged a strong comeback, as I predicted in August. It soared to a high of $47.78 this month, its highest point since February 2023. It has jumped by more than 135% from its lowest point this year, pushing its market cap to over $64 billion.…
Chinese stocks concluded a turbulent morning session on a positive note, buoyed by investor optimism regarding potential fiscal support measures announced by the finance ministry over the weekend. As of the midday break on Monday, the CSI 300 Index was up 1.5%, recovering from an earlier decline of 0.5% and…
Argentina’s central bank is currently working with banks and credit card companies to facilitate the introduction of debt cards denominated in US dollars. This announcement was made by bank chief Santiago Bausili in a recent post on X, formerly known as Twitter. The initiative is part of a broader strategy…
Gold prices steadied on Monday after falling earlier in the session as traders weighed disappointing economic data from China against US rate cuts bets. Among industrial metals, copper prices slipped on Monday as China failed to announce a meaningful stimulus package. The country is one of the biggest consumers of…
The World Bank has sounded the alarm on the dire situation facing the world’s 26 poorest countries, which are currently deeper in debt than at any point since 2006. According to the latest report, these low-income economies are more vulnerable than ever to shocks, including natural disasters, and are struggling…