The USD/MXN exchange rate drifted upwards this week after Donald Trump ratcheted up his trade war rhetoric and after the Banxico slashed interest rates for the second consecutive meeting. It rose to a high of 20.30, up from this month’s low of 19.85. US and Mexico trade war The USD/MXN exchange rate…
Shares of Asian automakers declined following US President Donald Trump’s announcement of new tariffs on cars not manufactured in the country. The tariffs, set to take effect on April 2, will apply to “foreign-made cars and light trucks,” according to White House aide Will Scharf.Japanese automakers were among the hardest…
Auto stocks have remained under pressure after Donald Trump announced new tariffs on the industry. All cars entering the US from friendly and foe countries will receive a 25% tariff, a move that will hurt most companies. This article highlights some of the top automobile stocks to sell because of…
US President Donald Trump has announced new import tariffs of 25% on cars and car parts, a move that threatens to escalate global trade tensions. The tariffs will take effect on April 2 for vehicle imports, with levies on parts expected to follow in May or later. Trump defended the…
Hims & Hers stock price has imploded this year, erasing some of the gains made in 2024 when it became one of the top-performing companies in the US. HIMS has crashed to $33.35, down by over 54% from its highest point this year. So, why has the telemedicine stock crashed,…
A new report from South Korea’s Government Public Ethics Committee has revealed that one in five public officials holds cryptocurrency, reflecting the increasing penetration of digital assets in state institutions. As of 2025, 411 out of 2,047 officials have declared crypto holdings, amounting to a combined value of 14.41 billion…
Next has become one of the few British retailers to surpass £1 billion in annual profit, reporting a pre-tax figure of £1.011 billion for the year ending January. This marks a 10.1% increase from the previous year’s £918 million, placing the high street fashion retailer in the same league as…
Stablecoin issuer Tether is reportedly set to acquire a significant stake in Italian media company Be Water as it cements its presence in the European Union.According to a report citing unnamed sources familiar with the decision, Tether plans to invest around €10 million ($10.8 million) into Be Water. The move…
The Australian Competition and Consumer Commission (ACCC) issued a warning on Thursday, highlighting the potential for a gas supply shortage on Australia’s east coast during the winter season (July-September). This shortfall could occur if producers of liquefied natural gas (LNG) choose to export all of their uncontracted gas. The ACCC’s statement underscores…
Elon Musk has once again secured the title of the world’s richest person, according to the Hurun Global Rich List 2025 with the Tesla and SpaceX chief’s net worth surging to $420 billion, cementing his dominance among global billionaires.While Musk maintained his lead, the rankings witnessed a major shakeup with…