UBS Global Wealth Management, the world’s largest wealth manager with US$6.2 trillion in assets under management, has cut its forecast for Chinese equities due to rising concerns over potential US tariffs and a disappointing domestic stimulus-response. The Swiss institution revised its mid-2025 target for the MSCI China Index, which tracks…
The UK economy has faced its share of ups and downs recently, with changes in unemployment, wage growth, and…
President-elect Donald Trump announced on Tuesday that Tesla chief Elon Musk and former Republican presidential candidate Vivek Ramaswamy will…
Gold prices clinged on to modest gains on Wednesday as investors waited for the release of US inflation data. …
Private prison stocks experienced significant gains on Monday after President-elect Donald Trump announced the appointment of Tom Homan, a…
US equity benchmarks rose on Monday, building on gains from last week’s post-election rally as major averages hit record…
China is on track to achieve a historic milestone, with its trade surplus projected to reach an unprecedented $1…
German chancellor Olaf Scholz recently dissolved his government, a move that came right after Donald Trump’s victory in the…
The cryptocurrency market reached an unprecedented milestone on November 11, with its total market capitalization soaring to a record…