The yuan tumbled to its weakest level since November 2023, with both onshore and offshore trading seeing declines. This comes despite China’s central bank, the People’s Bank of China (PBOC), attempting to bolster sentiment by setting a stronger-than-expected daily reference rate on Tuesday. Traders remain unconvinced, as concerns over slowing…
Indian benchmark indices extended their winning streak on Tuesday, with the BSE Sensex climbing 450 points (0.56%) to 80,699.04…
Gold prices were steady on Tuesday as the yellow metal failed to capitalize on the previous session’s gains. Gold’s…
Cargill, the Minneapolis-based company is planning to cut thousands of jobs worldwide, after the company fell short of its…
European equity markets saw a modest rise on Tuesday, with the pan-European STOXX 600 climbing 0.7%, bolstered by a…
India’s economy has shown cracks in recent quarters. The country’s backbone has been its manufacturing sector, which is now…
Wall Street’s major averages rose on Friday at the start of a shortened trading day. At the time of…
In a move that has sparked significant political and public debate, President Joe Biden issued a pardon for his…