Category : Global Economy


Oil Rises on Geopolitical Tensions, Supply Fears

Oil prices rose over 0.9% in early Asian trading as Middle East tensions and Russia-Ukraine conflict fueled supply disruption fears. Key details on price movements and analyst insights inside.

Trump's Weaker Dollar Push Gains Support in China

President Trump's call for a weaker dollar finds surprising agreement among some Chinese economists, who argue a stronger yuan could boost China's consumer power. Goldman Sachs sees a potential 30% undervaluation.

Yen Softens vs Dollar as Japan Eyes Intervention

Japanese yen weakens against US dollar despite recent BOJ rate hike. Investors watch for potential intervention as Japan proposes record spending. Dollar index rises slightly. #Forex #Yen #Dollar

World's 10 Most Miserable Countries in 2024

Hanke's Annual Misery Index 2024 reveals the most difficult nations to live in, with Sudan and Argentina facing severe economic hardship. Discover the full list and key factors.

UAE's Overproduction Threatens OPEC's Future

The UAE is reportedly flouting OPEC+ quotas, producing up to 3.4 million barrels daily. This internal conflict could unravel the 65-year-old oil cartel. Read the full analysis.

EM currencies climb to near two-month high

Emerging market currencies and stocks rose 0.4% each, reaching levels last seen in late October, buoyed by a softer dollar and local policy cues amid thin holiday trading. Key moves seen in South Korea, Israel, Turkey, China, and Vietnam.

10-Year JGB Yield Hits 26-Year High After BOJ Move

Japan's 10-year government bond yield surged to a 26-year peak of 2.1% as markets anticipate more rate hikes from the Bank of Japan following its recent increase. Explore the global market implications.

World Bank Approves $700 Million Aid for Pakistan

The World Bank approves $700 million financing for Pakistan to boost macroeconomic stability and public services. The program aims to improve tax systems, education, and healthcare delivery. Read more about the funding details and goals.

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