China is accelerating efforts to push the yuan deeper into global financial markets. By promoting cheaper yuan financing and expanding offshore access, reports Bloomberg, the People’s Bank of China (PBOC) aims to turn the renminbi into a go-to funding currency worldwide. This strategy hinges on attractive borrowing conditions and greater…
SoftBank Group Corp. reported a net profit of 2.5 trillion yen ($16.6 billion) for the July–September quarter, its third…
European stocks opened higher on Tuesday, extending the positive momentum from the start of the week as the end…
Veterans Day, observed annually on 11 November, significantly alters the rhythm of daily life across the United States. As…
Vodafone share price popped and reached its highest level since August 2022 as the company’s German business returned to…
Dow futures remained flat on Tuesday, a day after technology stocks led the Wall Street rebound. The futures tied…
After 40 grueling days of the longest government shutdown in US history, Senate Democrats have fractured their united front…
After a few weeks of sideways movements and directionless trading, gold bulls have regained control as prices rose more…