Cryptocurrencies endured a bloodbath following the Fed’s hawkish tone on Wednesday. Despite the expected 25 bp interest rate reduction, Jerome Powell plunged markets with negative remarks. Besides signaling a more cautious stance when navigating further policy rate adjustments, Powell dented the hopes of the highly-awaited Bitcoin Reserve. Tunniverse@TheTunniverse·FollowJerome Powell’s FOMC…
Despite sluggish demand in the retail jewellery market, Beijing-based Laopu Gold has emerged as a standout success. With revenue…
The largest strike in Amazon’s history, organized by the International Brotherhood of Teamsters, erupted across the US this week,…
The GBP/USD exchange rate dived to its lowest level since May 2024 as the US dollar index surge gained…
Donald Trump, the president-elect of the United States, has issued another warning to the European Union, threatening tariffs if…
With the Trump administration promising another wave of tariffs on US imports, American toymakers are bracing for impact. Companies…
The Federal Reserve, in a widely anticipated move, lowered its key interest rate by a quarter percentage point on…
On Thursday, the Bank of Japan (BOJ) maintained its benchmark interest rate at 0.25%, citing uncertainties in Japan’s economic…