At a press conference after the Fed’s latest policy meeting, U.S. Federal Reserve Chairman Jerome Powell noted that the central bank would be shifting away from specific guidance and reacting…
Cryptocurrencies were the first to rebound over the past several weeks as investors grew more sanguine on the prospect of supersized Fed rate hikes.
For the first time in over two decades, oil companies are poised for a record-breaking combined US$50 billion in profit in the second quarter, outpacing even the most resilient tech…
Recent tightening by the central bank of the Philippines and Singapore demonstrates the urgency with which Asian policymakers need to act in the face of a soaring dollar and rapidly…
While the People’s Bank of China has encouraged lenders to make more loans and to fund more mortgages, the combination of a slowing global economy and rolling zero-Covid lockdowns has…
The soaring dollar has made it far more challenging for analysts to discern if U.S. companies were displaying evidence of a slowing U.S. economy, as high inflation and tighter monetary…
If Bitcoin has found a bottom, it appears that bottom is around the US$20,000 level, which for long-term Bitcoin investors, the cryptocurrency seems well clear of (for now).
China is currently in the midst of preparing a system to sort U.S.-listed Chinese companies into groups based on the sensitivity of the data that they hold.
Treasury Secretary Janet Yellen expressed confidence in the Federal Reserve’s fight against inflation and said she doesn’t see any sign that the US economy is in a broad recession.
Around 5% of all payments accepted by remote workers was taken in crypto in the first six months of this year, up from 2% in the last six months of…
