New Zealand’s labour market continued to show signs of softening in the first quarter, with employment growth remaining tepid, the unemployment rate holding near a multi-year high, and wage inflation moderating. These latest figures reinforce market expectations that the Reserve Bank of New Zealand (RBNZ) will implement further interest rate…
Facing mounting economic pressure from its protracted trade war with the United States, China has unveiled a significant package of stimulus measures aimed at shoring up its domestic economy. This flurry of policy action comes just as Beijing and Washington confirmed plans for high-level trade talks later this week, offering…
European stock markets are poised for a mixed and cautious opening on Wednesday as investors globally turn their full attention to the US Federal Reserve’s impending monetary policy announcement. Alongside the Fed decision, a heavy slate of corporate earnings reports from major European companies will provide further direction for regional…
Indians woke up to the news of the country launching a series of coordinated missile strikes early Wednesday on terror infrastructure located across Pakistan and Pakistan-administered Kashmir. The military action, named ‘Operation Sindoor’ comes just two weeks after a deadly militant attack on tourists in Indian-administered Kashmir’s Pahalgam that left…
India’s equity markets experienced a volatile but ultimately resilient session on Wednesday following the announcement of significant military action against Pakistan. While benchmark indices opened sharply lower in immediate reaction to news of India’s retaliatory strikes, known as ‘Operation Sindoor’, they quickly pared losses, suggesting investors, while watchful, were not…
Bitcoin is in focus this morning after the second son of the US President, Eric Trump, reiterated his bullish view on blockchain technology.According to Trump, the current financial system is “broken, slow, and expensive.” In fact, all that it offers can be done better on blockchain, he added. Trump even…
Berachain price continued its strong sell-off, reaching its all-time low this week as the amount of stablecoins in the network plunged. The BERA token dropped to a low of $2.95 on Wednesday, down by 70% from its highest level this year. This article explains why the BERA price is falling…
The Wise share price has done well in the past few weeks as the company’s growth continues. It rose to a high of 1,055p on Tuesday, its highest level since February 2021, up by 24% from the lowest point in April, and 84% above its lowest level in 2024.Wise business…
The Hang Seng Index rose to the highest level since April 2 as investors waited cautiously on the upcoming US and China trade talks in Switzerland. The index, which tracks some of the top Chinese companies, rose to $23,170 and then pulled back to $22,773. This article provides a forecast…
PayPal stock price has bounced back this month as American equities rebound, following its first-quarter financial results. The PYPL share price rose to $68 on Tuesday, its highest level since March 27, and up by 21% above its lowest level this year. This article explores whether it is safe to…