Not many expected what Greece’s economy has just accomplished.In 2024, it posted a budget surplus of 1.3% of GDP, outpacing nearly every EU peer and beating its own deficit target by two full points. The primary surplus, excluding interest payments, was even more striking at 4.8%. These numbers come from Eurostat’s final…
Much of the ongoing turmoil in US stocks this year is being attributed to Trump’s new tariffs that many believe could push the world’s largest economy into a recession before the end of 2025.However, a seasoned technical analyst says US stocks would have crashed even if the White House had…
South Korea’s KOSPI Composite Index has bounced back in the past few weeks after plunging to a multi-month low of KRW 2,287 earlier this month. It jumped to a high of KRW 2,517, up by 10.57% from its lowest level in April. This article explores the three main reasons why…
India’s benchmark stock indices, the Sensex and Nifty 50, opened with modest declines on Thursday morning, interrupting a seven-day winning streak as rising geopolitical tensions between India and Pakistan prompted caution among investors. The cautious start came despite underlying positive factors like continued foreign investment flows.In the wake of diplomatic…
Asian stock markets presented a mixed picture on Thursday, suggesting investor caution quickly returned following a significant relief rally on Wall Street. While Wall Street celebrated apparent easing in tensions surrounding the Federal Reserve’s leadership and US trade policy, uncertainty about President Donald Trump’s unpredictable approach kept Asian sentiment fragmented.Wall…
Finnish telecommunications equipment maker Nokia faced a challenging start to the year, reporting first-quarter profits on Thursday that fell significantly short of market expectations. Compounding the weaker-than-anticipated results, the company explicitly warned of near-term disruptions stemming from US tariff policies, projecting a tangible impact on its upcoming second-quarter earnings.Q1 profit…
European stock markets are poised for a muted and mixed opening on Thursday, signaling that the recent relief rally fueled by easing US policy concerns may be losing steam. After significant gains earlier in the week, investor caution appears to be returning as underlying economic and trade uncertainties persist.Early indications…
The secondhand retail sector, long the domain of budget-conscious and environmentally aware Gen Z shoppers, may be poised for broader adoption as tariffs threaten to increase the cost of new goods. Rising prices on imports, particularly apparel and electronics, are prompting consumers to consider more affordable options, potentially giving a…
Amidst global shifts in technology and trade, China has increasingly utilized its significant control over the mining and refining of critical minerals as a point of leverage. By strategically adding metals vital for clean energy technologies, advanced semiconductor manufacturing, and defence applications to its export control list, Beijing has demonstrated…
Lloyds share price has continued rising this year, and is now hovering at its highest level since 2008. It jumped to a high of 72.65p, up by over 85% from its lowest level this year, giving it a market cap of over $54 billion, making it one of the biggest…