Despite an extraordinary show of financial backing from the United States for President Javier Milei’s libertarian reform agenda, Argentina’s upcoming October 26 elections have emerged as the primary risk to the country’s current market surge. Investors remain concerned that Washington’s support alone would not ensure political stability or public favour…
Hamas released all 20 living Israeli hostages on Monday morning as part of the Gaza peace deal brokered by the Trump administration, marking a major step toward formally ending the conflict between Israel and Hamas.The release began shortly before President Donald Trump landed in Israel, part of a regional tour…
The Royal Swedish Academy of Sciences announced the winners of the 2025 Nobel Prize in Economics on Monday.This year’s Nobel Prize in Economics will be awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for their groundbreaking work on innovation-driven economic growth.The trio was honoured for their exceptional contribution to…
India’s annual retail inflation slowed to 1.54% in September, marking its lowest level in eight years, as food prices eased, according to government data released on Monday. The reading compares with 2.07% in August and was below a Reuters poll estimate of 1.7%. The government said this was the lowest…
Dow futures received a major bump on Monday as the US President indicated a softer stance of geopolitical tensions. Just hours before Wall Street is set to open, Dow futures are trading 450 points up.The futures tied to S&P 500 futures and Nasdaq-100 futures also displayed gains on Monday as…
The fragile truce in the US-China trade war has been shattered. A fresh and defiant war of words, backed by a new wave of trade restrictions, has erupted between the world’s two largest economies, sending a powerful tremor of fear through Asian markets on Monday. The renewed tensions have triggered…
In a stunning and defiant show of economic strength, China’s trade engine roared to life in September, with both exports and imports surging to their fastest pace in months, decisively beating all expectations. This powerful economic rebound is a potent and timely message to Washington, a clear signal that even…
A triumphant and supremely confident President Donald Trump has declared an end to the brutal two-year war in Gaza, a bold and perhaps premature proclamation delivered from the cabin of Air Force One as he embarked on a high-stakes peace tour of the Middle East. The lightning trip, a carefully…
A day of significant global developments is underway, as Argentina’s finance chief touts a powerful US backstop for his nation’s battered currency, a major new company makes a strong debut on the booming Indian stock market, and Canada embarks on a delicate diplomatic mission to Asia.Here’s your one-stop stand to…
China’s refinery runs hit its highest levels this year during September, which led to a rise in oil imports by 3.9% compared to the same month last year. The Asian giant purchased 47.25 million metric tons of crude oil last month, according to data from the General Administration of Customs. The…