A tense and watchful calm has descended upon Asian markets, as a surprise drop in US producer prices rolls out the red carpet for a Federal Reserve rate cut, but the real, high-stakes verdict on inflation is still to come. The market is caught in a state of suspended animation,…
A day of major developments is underway across the globe, as the European Central Bank prepares to deliver its latest verdict on interest rates, a stunning new report reveals the colossal cost of fare evasion in New York City, and Jack Ma’s Ant Group makes a dramatic entrance into the…
Gasoline margins in the Atlantic Basin surged to an average of $18-$19 per barrel in September, a significant increase from the $6-$9 per barrel seen a year ago. This sharp rise, which has pushed Rbob gasoline forward margins to their highest levels since August 2024, highlights the profound impact prolonged supply…
Malaysia’s industrial production expanded at its quickest pace this year in July, signalling that the country’s economic base remains resilient despite global trade pressures and tariff challenges. The Department of Statistics Malaysia reported that output increased 4.2% year-on-year, a result that exceeded market expectations and offered a boost to forecasts…
Free speech is no longer threatened only by censorship or law. In this age, it is threatened by bullets, court orders, and opaque takedown notices. The assassination of Charlie Kirk, a 31-year-old activist gunned down at a university podium, is more than just another headline in America’s cycle of political…
Lord Peter Mandelson has been dismissed from his post as UK ambassador to the United States after days of escalating criticism regarding his links to the late financier and convicted sex offender Jeffrey Epstein. The Foreign, Commonwealth and Development Office confirmed on Thursday that Prime Minister Sir Keir Starmer acted…
The International Energy Agency (IEA) reported on Thursday that global oil supply is projected to increase more quickly than anticipated this year. This accelerated growth is attributed to increased output from OPEC+ members and rising supply from non-OPEC+ countries. The IEA’s statement also suggested the possibility of a growing surplus in…
Dow futures edged 100 points higher on Thursday as Wall Street’s major indexes stayed close to record highs. Investors are growing more optimistic that inflation is easing and that the Federal Reserve could lower interest rates next week. The S&P 500 and Nasdaq both moved up, helped by strong tech…
The US news cycle on Wednesday was marked by a mix of political, corporate, and economic developments that drew national and market attention. Conservative commentator Charlie Kirk was shot during a campus event in Utah, prompting widespread condemnation. Meanwhile, Oracle co-founder Larry Ellison surpassed Elon Musk to become the world’s…
A wave of shock and horror has swept across the American political landscape following the assassination of prominent conservative activist and presidential aide Charlie Kirk. In a somber address from the Oval Office, a grieving and angry President Donald Trump vowed to hunt down those responsible for what he called…