US stocks dipped at the end of Wednesday's trading as meeting minutes from the last Federal Reserve sit down confirmed the extent to which the American central bank wants to reduce stimulus. The Dow closed the session down 1.1% while the S&...

The US is on the verge of selling crude oil to the OPEC market from its emergency stockpile as part of a plan to slow soaring energy prices. Known as an oil “swap,” the US Strategic Petroleum Reserve (SPR) will release an unconfirmed q...

The IMF reduced its projections for global growth to 4.4%, down by 0.5%, which is significant in global terms. In particular, the group said the world’s number one and two economies, the US and China, would grow more slowly than anticipated as...

The 2021 United Nations Climate Change Conference, also known as COP26, has seen politicians from several countries make ambitious pledges to reduce greenhouse emissions.  Scores of world leaders signed a pledge to slash potent climate heatin...

As cryptocurrencies continue to rise in value and popularity, with Bitcoin breaking the $66,000 mark on Wednesday, there is growing dislike of these currencies in the US and internationally. Indeed, no one detests cryptocurrencies like Warren Buffett...

With inflation at a 31-year high and a 26-year record in the US and China, respectively, gold is not providing the protection it usually does. Gold Exchange-Traded Funds (ETF) are lagging. The SPDR Gold Trust (GLD), with $56.1 billion in assets, i...

With trading sessions for the week starting November 8 now into their second day, here are the top five things to watch in markets.   US September-Quarter  Earnings Season Expect to see reports from a number of blue-ch...

Authorities in China took a fresh swipe at crypto mining by calling the practice “extremely harmful.” Citing crypto mining as a threat to the country’s efforts to reduce carbon emissions, authorities have voiced concerns at the amou...

Russia’s Nord Stream 2 gas pipeline faced fresh commissioning delays as crucial approval from the German regulator was further delayed this week.  European gas prices rose sharply on the back of this news, as the pipeline is now only ex...

There is apprehension in global markets as a combination of factors place strain on key world economies.  Countries the world over are facing a cost-of-living squeeze amid surging gas prices and supply bottlenecks. In China, persistent high i...

Tether, the world’s biggest stablecoin that pegs its value one-to-one with the US dollar, is losing value and can no longer maintain its equal pegging.  Stablecoins are usually a place of safety for crypto investors during times of turb...

Several business groups in Sri Lanka have asked the president to install a new government and resign immediately thereafter. With little more than $50 million in foreign exchange reserves, Sri Lanka is basically bankrupt and dependent on external...

In another blow to the embattled US economy, prices at the pump climbed to new record highs. The national average price for regular gasoline soared more than four cents on Tuesday to $4.37 a gallon, beating the prior record of $4.33 set in early Marc...

Bitcoin fell 10% on Monday after plunging again over the weekend. The industry standard cryptocurreny’s price has now dropped almost 20% in the past week.  Now sitting at a price just below $31,000, Bitcoin is more than 50% below its re...

The US Justice Department has indicted Mining Capital Coin (MCC) CEO Luiz Capuci Jr. for “allegedly orchestrating a $62 million global investment fraud scheme,” the federal agency said last Friday. MCC is a cryptocurrency mining and in...

The European Commission has proposed a sixth round of sanctions against Russia over its attack on Ukraine. The new restrictions include a plan to phase out all crude and oil products by the end of the year. Sanctions have so far not affected Russi...

The US Federal Reserve announced an interest rate hike of a half-percentage point in an attempt to take control of the worst inflation America has seen in 40 years. The central bank has not hiked rates this much in 22 years. The decision was unani...

India's Tata Motors is taking a frugal approach to entering the electric vehicle (EV) market. The company makes a little more than 100 EVs a day at its Pune plant, with many processes being carried out by hand to save money. Competitive protec...

South Korea, Asia’s fourth-largest economy, saw its consumer price index rise to 4.8% in April from 4.1% in March. The country’s consumer prices rose in April at their fastest pace in nearly 14 years due to red-hot food and energy pric...

US bond yields are at their highest level in years. With the US Fed aggressively raising interest rates in the face of surging inflation, cash is flowing back into bonds as investors seek insurance from a possible recession. This flight toward bon...

In another blow to the embattled US economy, prices at the pump climbed to new record highs. The national average price for regular gasoline soared more than four cents on Tuesday to $4.37 a gallon, beating the prior record of $4.33 set in early Marc...

The European Commission has proposed a sixth round of sanctions against Russia over its attack on Ukraine. The new restrictions include a plan to phase out all crude and oil products by the end of the year. Sanctions have so far not affected Russi...

Indonesia, which is responsible for producing 60% of the world’s palm oil, has banned exports of the product due to inflation and supply concerns. The export ban has ratcheted up the pressure on worldwide prices of food and cooking oil, whic...

War in Ukraine and freezing temperatures in the US have led to forecasts of a lower corn supply, driving grain prices higher.  Chicago Board of Trade (CBOT) corn futures topped $8 a bushel and reached their highest price in nearly a decade on...

Crude futures have fallen nearly 3% after nearing $140 a barrel in early March and hitting $120 as recently as two weeks ago. Rather than skyrocket after Russia’s invasion of Ukraine, oil prices are falling. With Shanghai and other Chinese c...

Shell will write down as much as $5 billion following its decision to exit Russia, more than previously disclosed. After revealing post-tax impairments of between $4 billion and $5 billion, the company’s shares fell 1.2% in London trading th...

Western countries are tapping more of their emergency oil reserves to help wean themselves off Russian crude. The International Energy Agency (IEA) said this week it would supply the oil market with 60 million additional barrels of crude from its...

The global economy continued to give mixed signals as it battled with the fallout from Russia’s invasion of Ukraine and lingering high inflation. US stocks slipped Monday just as shares dropped in China, Hong Kong and South Korea. The S&...

Global wheat prices hit an all-time high last week. Wheat supplies from Russia and Ukraine, which together account for almost 30% of global wheat trade, are starting to dwindle. Another major looming problem is access to fertilizers. Global fertil...

Gold continues to play a key role in the global economy, first in the fight against inflation and now in Russia’s invasion of Ukraine. The metal fell by the biggest margin in seven months amid a large selloff in commodities after a top Ukrai...

US stocks dipped at the end of Wednesday's trading as meeting minutes from the last Federal Reserve sit down confirmed the extent to which the American central bank wants to reduce stimulus. The Dow closed the session down 1.1% while the S&...

The US is on the verge of selling crude oil to the OPEC market from its emergency stockpile as part of a plan to slow soaring energy prices. Known as an oil “swap,” the US Strategic Petroleum Reserve (SPR) will release an unconfirmed q...

The IMF reduced its projections for global growth to 4.4%, down by 0.5%, which is significant in global terms. In particular, the group said the world’s number one and two economies, the US and China, would grow more slowly than anticipated as...

The 2021 United Nations Climate Change Conference, also known as COP26, has seen politicians from several countries make ambitious pledges to reduce greenhouse emissions.  Scores of world leaders signed a pledge to slash potent climate heatin...

As cryptocurrencies continue to rise in value and popularity, with Bitcoin breaking the $66,000 mark on Wednesday, there is growing dislike of these currencies in the US and internationally. Indeed, no one detests cryptocurrencies like Warren Buffett...

With inflation at a 31-year high and a 26-year record in the US and China, respectively, gold is not providing the protection it usually does. Gold Exchange-Traded Funds (ETF) are lagging. The SPDR Gold Trust (GLD), with $56.1 billion in assets, i...

With trading sessions for the week starting November 8 now into their second day, here are the top five things to watch in markets.   US September-Quarter  Earnings Season Expect to see reports from a number of blue-ch...

Authorities in China took a fresh swipe at crypto mining by calling the practice “extremely harmful.” Citing crypto mining as a threat to the country’s efforts to reduce carbon emissions, authorities have voiced concerns at the amou...

Russia’s Nord Stream 2 gas pipeline faced fresh commissioning delays as crucial approval from the German regulator was further delayed this week.  European gas prices rose sharply on the back of this news, as the pipeline is now only ex...

There is apprehension in global markets as a combination of factors place strain on key world economies.  Countries the world over are facing a cost-of-living squeeze amid surging gas prices and supply bottlenecks. In China, persistent high i...

Tether, the world’s biggest stablecoin that pegs its value one-to-one with the US dollar, is losing value and can no longer maintain its equal pegging.  Stablecoins are usually a place of safety for crypto investors during times of turb...

Several business groups in Sri Lanka have asked the president to install a new government and resign immediately thereafter. With little more than $50 million in foreign exchange reserves, Sri Lanka is basically bankrupt and dependent on external...

In another blow to the embattled US economy, prices at the pump climbed to new record highs. The national average price for regular gasoline soared more than four cents on Tuesday to $4.37 a gallon, beating the prior record of $4.33 set in early Marc...

Bitcoin fell 10% on Monday after plunging again over the weekend. The industry standard cryptocurreny’s price has now dropped almost 20% in the past week.  Now sitting at a price just below $31,000, Bitcoin is more than 50% below its re...

The US Justice Department has indicted Mining Capital Coin (MCC) CEO Luiz Capuci Jr. for “allegedly orchestrating a $62 million global investment fraud scheme,” the federal agency said last Friday. MCC is a cryptocurrency mining and in...

The European Commission has proposed a sixth round of sanctions against Russia over its attack on Ukraine. The new restrictions include a plan to phase out all crude and oil products by the end of the year. Sanctions have so far not affected Russi...

The US Federal Reserve announced an interest rate hike of a half-percentage point in an attempt to take control of the worst inflation America has seen in 40 years. The central bank has not hiked rates this much in 22 years. The decision was unani...

India's Tata Motors is taking a frugal approach to entering the electric vehicle (EV) market. The company makes a little more than 100 EVs a day at its Pune plant, with many processes being carried out by hand to save money. Competitive protec...

South Korea, Asia’s fourth-largest economy, saw its consumer price index rise to 4.8% in April from 4.1% in March. The country’s consumer prices rose in April at their fastest pace in nearly 14 years due to red-hot food and energy pric...

US bond yields are at their highest level in years. With the US Fed aggressively raising interest rates in the face of surging inflation, cash is flowing back into bonds as investors seek insurance from a possible recession. This flight toward bon...

US bond yields are at their highest level in years. With the US Fed aggressively raising interest rates in the face of surging inflation, cash is flowing back into bonds as investors seek insurance from a possible recession. This flight toward bon...

Samsung reported strong results on Thursday, with profits for the first quarter climbing more than 50% compared to the same time a year ago. The South Korean tech giant’s solid earnings were powered by strong sales of its memory chips, which...

Twitter’s board has unanimously agreed to accept Elon Musk’s purchase offer of around $44 billion, the company said Monday. The deal is expected to close later this year. It has led employees to question the billionaire’s plans f...

Nestlé, the world's biggest food and drinks company, increased prices by more than 5% in the first quarter of 2022 as it passed on rising costs to consumers. North American shoppers were worst affected, facing an 8.5% rise in prices. La...

Tesla has posted record profits, overcoming supply chain issues that have troubled the auto industry to blow away Wall Street's company forecast for the first quarter of 2022. The company earned adjusted income of $3.7 billion, much higher tha...

Netflix lost 200,000 subscribers in the first quarter of 2022, sending its stock down as much as 25% in after-hours trading. The company's share price has fallen more than 40% year to date. The bad news did not end there. During its quarterly...

Some of the biggest US banks saw reduced profits in the first quarter of 2022. Prominent names, like Citi, Goldman Sachs, Morgan Stanley, JPMorgan Chase and Wells Fargo, all announced significant year-on-year profit declines in earnings reports this...

Honda is joining the global race for electric vehicle (EV) dominance by announcing an investment of almost $40 billion to electrify its fleet of cars in the next decade. The Japanese automaker’s stock price was unchanged on the Tuesday annou...

The Federal Reserve's interest rate hikes should boost lending profits for major financial firms in the US. Blue chip banks, like JPMorgan Chase, Wells Fargo and Citigroup, are expected to report first-quarter earnings this week. Investors are...

Yields in the global bond market spiked on Tuesday as investors braced for the inflationary impacts of the war in Ukraine, with central banks expected to begin aggressive monetary tightening moves. The yield on 10-year Australian notes jumped eigh...

US stocks dipped at the end of Wednesday's trading as meeting minutes from the last Federal Reserve sit down confirmed the extent to which the American central bank wants to reduce stimulus. The Dow closed the session down 1.1% while the S&...

The US is on the verge of selling crude oil to the OPEC market from its emergency stockpile as part of a plan to slow soaring energy prices. Known as an oil “swap,” the US Strategic Petroleum Reserve (SPR) will release an unconfirmed q...

The IMF reduced its projections for global growth to 4.4%, down by 0.5%, which is significant in global terms. In particular, the group said the world’s number one and two economies, the US and China, would grow more slowly than anticipated as...

The 2021 United Nations Climate Change Conference, also known as COP26, has seen politicians from several countries make ambitious pledges to reduce greenhouse emissions.  Scores of world leaders signed a pledge to slash potent climate heatin...

As cryptocurrencies continue to rise in value and popularity, with Bitcoin breaking the $66,000 mark on Wednesday, there is growing dislike of these currencies in the US and internationally. Indeed, no one detests cryptocurrencies like Warren Buffett...

With inflation at a 31-year high and a 26-year record in the US and China, respectively, gold is not providing the protection it usually does. Gold Exchange-Traded Funds (ETF) are lagging. The SPDR Gold Trust (GLD), with $56.1 billion in assets, i...

With trading sessions for the week starting November 8 now into their second day, here are the top five things to watch in markets.   US September-Quarter  Earnings Season Expect to see reports from a number of blue-ch...

Authorities in China took a fresh swipe at crypto mining by calling the practice “extremely harmful.” Citing crypto mining as a threat to the country’s efforts to reduce carbon emissions, authorities have voiced concerns at the amou...

Russia’s Nord Stream 2 gas pipeline faced fresh commissioning delays as crucial approval from the German regulator was further delayed this week.  European gas prices rose sharply on the back of this news, as the pipeline is now only ex...

There is apprehension in global markets as a combination of factors place strain on key world economies.  Countries the world over are facing a cost-of-living squeeze amid surging gas prices and supply bottlenecks. In China, persistent high i...

Tether, the world’s biggest stablecoin that pegs its value one-to-one with the US dollar, is losing value and can no longer maintain its equal pegging.  Stablecoins are usually a place of safety for crypto investors during times of turb...

Several business groups in Sri Lanka have asked the president to install a new government and resign immediately thereafter. With little more than $50 million in foreign exchange reserves, Sri Lanka is basically bankrupt and dependent on external...

In another blow to the embattled US economy, prices at the pump climbed to new record highs. The national average price for regular gasoline soared more than four cents on Tuesday to $4.37 a gallon, beating the prior record of $4.33 set in early Marc...

Bitcoin fell 10% on Monday after plunging again over the weekend. The industry standard cryptocurreny’s price has now dropped almost 20% in the past week.  Now sitting at a price just below $31,000, Bitcoin is more than 50% below its re...

The US Justice Department has indicted Mining Capital Coin (MCC) CEO Luiz Capuci Jr. for “allegedly orchestrating a $62 million global investment fraud scheme,” the federal agency said last Friday. MCC is a cryptocurrency mining and in...

The European Commission has proposed a sixth round of sanctions against Russia over its attack on Ukraine. The new restrictions include a plan to phase out all crude and oil products by the end of the year. Sanctions have so far not affected Russi...

The US Federal Reserve announced an interest rate hike of a half-percentage point in an attempt to take control of the worst inflation America has seen in 40 years. The central bank has not hiked rates this much in 22 years. The decision was unani...

India's Tata Motors is taking a frugal approach to entering the electric vehicle (EV) market. The company makes a little more than 100 EVs a day at its Pune plant, with many processes being carried out by hand to save money. Competitive protec...

South Korea, Asia’s fourth-largest economy, saw its consumer price index rise to 4.8% in April from 4.1% in March. The country’s consumer prices rose in April at their fastest pace in nearly 14 years due to red-hot food and energy pric...

US bond yields are at their highest level in years. With the US Fed aggressively raising interest rates in the face of surging inflation, cash is flowing back into bonds as investors seek insurance from a possible recession. This flight toward bon...

Tether, the world’s biggest stablecoin that pegs its value one-to-one with the US dollar, is losing value and can no longer maintain its equal pegging.  Stablecoins are usually a place of safety for crypto investors during times of turb...

Bitcoin fell 10% on Monday after plunging again over the weekend. The industry standard cryptocurreny’s price has now dropped almost 20% in the past week.  Now sitting at a price just below $31,000, Bitcoin is more than 50% below its re...

The US Justice Department has indicted Mining Capital Coin (MCC) CEO Luiz Capuci Jr. for “allegedly orchestrating a $62 million global investment fraud scheme,” the federal agency said last Friday. MCC is a cryptocurrency mining and in...

India has seen a surge in cryptocurrency trading since the start of the coronavirus pandemic. Driven by its 750 million Internet users, the country is growing into a hotbed for crypto investment. In 2021, India ranked second behind only Vietnam in...

US President Joe Biden signed an executive order Wednesday establishing the first-ever federal strategy on cryptocurrencies, the White House said. Citing the fact that 16% of all Americans have invested in cryptos, the study will investigate six p...

The full force of the West’s economic sanctions did not appear to dissuade Russian President Vladimir Putin from launching a large-scale invasion of Ukraine.  The surprising “get-out-of-jail-free” card has been Russia’...

Blockchain-based venture capital transactions continued to surge in 2021, with Miami emerging as the surprise epicenter of this growth. Investment in this overall sector rose by an impressive 2,061% in 2021, according to an analysis of tens of tho...

Despite Bitcoin’s price swings in the last few months, many investors remain undeterred and are looking for new cryptocurrencies in which to invest. Bitcoin has clawed back about 16% of value over the past two weeks to sit above $41,000. Som...

The price of Bitcoin fell to below $33,500 in Monday’s trading as cryptocurrencies continued to take a hammering. Crypto has kept falling in tandem with US stocks since the turn of the year, albeit to varying degrees, as investors weigh up t...

Russia's central bank has proposed a ban on the use and mining of cryptocurrencies on its soil. Citing the speculative demand that drives much of crypto’s gains as a dangerous threat, the central bank wants to crack down on almost all crypt...

US stocks dipped at the end of Wednesday's trading as meeting minutes from the last Federal Reserve sit down confirmed the extent to which the American central bank wants to reduce stimulus. The Dow closed the session down 1.1% while the S&...

The US is on the verge of selling crude oil to the OPEC market from its emergency stockpile as part of a plan to slow soaring energy prices. Known as an oil “swap,” the US Strategic Petroleum Reserve (SPR) will release an unconfirmed q...

The IMF reduced its projections for global growth to 4.4%, down by 0.5%, which is significant in global terms. In particular, the group said the world’s number one and two economies, the US and China, would grow more slowly than anticipated as...

The 2021 United Nations Climate Change Conference, also known as COP26, has seen politicians from several countries make ambitious pledges to reduce greenhouse emissions.  Scores of world leaders signed a pledge to slash potent climate heatin...

As cryptocurrencies continue to rise in value and popularity, with Bitcoin breaking the $66,000 mark on Wednesday, there is growing dislike of these currencies in the US and internationally. Indeed, no one detests cryptocurrencies like Warren Buffett...

With inflation at a 31-year high and a 26-year record in the US and China, respectively, gold is not providing the protection it usually does. Gold Exchange-Traded Funds (ETF) are lagging. The SPDR Gold Trust (GLD), with $56.1 billion in assets, i...

With trading sessions for the week starting November 8 now into their second day, here are the top five things to watch in markets.   US September-Quarter  Earnings Season Expect to see reports from a number of blue-ch...

Authorities in China took a fresh swipe at crypto mining by calling the practice “extremely harmful.” Citing crypto mining as a threat to the country’s efforts to reduce carbon emissions, authorities have voiced concerns at the amou...

Russia’s Nord Stream 2 gas pipeline faced fresh commissioning delays as crucial approval from the German regulator was further delayed this week.  European gas prices rose sharply on the back of this news, as the pipeline is now only ex...

There is apprehension in global markets as a combination of factors place strain on key world economies.  Countries the world over are facing a cost-of-living squeeze amid surging gas prices and supply bottlenecks. In China, persistent high i...

Tether, the world’s biggest stablecoin that pegs its value one-to-one with the US dollar, is losing value and can no longer maintain its equal pegging.  Stablecoins are usually a place of safety for crypto investors during times of turb...

Several business groups in Sri Lanka have asked the president to install a new government and resign immediately thereafter. With little more than $50 million in foreign exchange reserves, Sri Lanka is basically bankrupt and dependent on external...

In another blow to the embattled US economy, prices at the pump climbed to new record highs. The national average price for regular gasoline soared more than four cents on Tuesday to $4.37 a gallon, beating the prior record of $4.33 set in early Marc...

Bitcoin fell 10% on Monday after plunging again over the weekend. The industry standard cryptocurreny’s price has now dropped almost 20% in the past week.  Now sitting at a price just below $31,000, Bitcoin is more than 50% below its re...

The US Justice Department has indicted Mining Capital Coin (MCC) CEO Luiz Capuci Jr. for “allegedly orchestrating a $62 million global investment fraud scheme,” the federal agency said last Friday. MCC is a cryptocurrency mining and in...

The European Commission has proposed a sixth round of sanctions against Russia over its attack on Ukraine. The new restrictions include a plan to phase out all crude and oil products by the end of the year. Sanctions have so far not affected Russi...

The US Federal Reserve announced an interest rate hike of a half-percentage point in an attempt to take control of the worst inflation America has seen in 40 years. The central bank has not hiked rates this much in 22 years. The decision was unani...

India's Tata Motors is taking a frugal approach to entering the electric vehicle (EV) market. The company makes a little more than 100 EVs a day at its Pune plant, with many processes being carried out by hand to save money. Competitive protec...

South Korea, Asia’s fourth-largest economy, saw its consumer price index rise to 4.8% in April from 4.1% in March. The country’s consumer prices rose in April at their fastest pace in nearly 14 years due to red-hot food and energy pric...

US bond yields are at their highest level in years. With the US Fed aggressively raising interest rates in the face of surging inflation, cash is flowing back into bonds as investors seek insurance from a possible recession. This flight toward bon...

Several business groups in Sri Lanka have asked the president to install a new government and resign immediately thereafter. With little more than $50 million in foreign exchange reserves, Sri Lanka is basically bankrupt and dependent on external...

The US Federal Reserve announced an interest rate hike of a half-percentage point in an attempt to take control of the worst inflation America has seen in 40 years. The central bank has not hiked rates this much in 22 years. The decision was unani...

India's Tata Motors is taking a frugal approach to entering the electric vehicle (EV) market. The company makes a little more than 100 EVs a day at its Pune plant, with many processes being carried out by hand to save money. Competitive protec...

South Korea, Asia’s fourth-largest economy, saw its consumer price index rise to 4.8% in April from 4.1% in March. The country’s consumer prices rose in April at their fastest pace in nearly 14 years due to red-hot food and energy pric...

Europe's stock markets consolidated strong gains made in Asia on Thursday, after the US Federal Reserve pressed ahead with its first interest rate rise in more than three years. The EuroSTOXX 600 was steady, 0.1% lower after an initial rise. T...

In a much-anticipated move, the US Federal Reserve raised interest rates for the first time since 2018. The American central bank is hoping that higher interest rates, in concert with reduced pandemic-era fiscal support, will help reduce inflation....

With Russia no longer a market that investors can enter since the invasion of Ukraine, other emerging economies have started to take on new appeal. Several major US index providers have removed Russian stocks from their indexes. Trading shares of...

The global economy was still in turmoil at the start of the second week of Russia’s invasion of Ukraine, with most markets losing value as investors remained deeply shaken. On Wall Street, Dow futures slid 1.7%, nearly 600 points. Meanwhile,...

The global economy went into a tailspin on the morning that Russia attacked Ukraine, ending weeks of diplomatic efforts to avert the crisis. US stock futures plunged on Thursday. Dow futures were down as much as 780 points, or 2.4%. S&P 500 an...

The sterling edged upwards after the UK’s inflation numbers soared to a nearly 30-year high, prompting widespread expectations that the Bank of England (BoE) would further hike interest rates. The annual rate of consumer price inflation rose...

US stocks dipped at the end of Wednesday's trading as meeting minutes from the last Federal Reserve sit down confirmed the extent to which the American central bank wants to reduce stimulus. The Dow closed the session down 1.1% while the S&...

The US is on the verge of selling crude oil to the OPEC market from its emergency stockpile as part of a plan to slow soaring energy prices. Known as an oil “swap,” the US Strategic Petroleum Reserve (SPR) will release an unconfirmed q...

The IMF reduced its projections for global growth to 4.4%, down by 0.5%, which is significant in global terms. In particular, the group said the world’s number one and two economies, the US and China, would grow more slowly than anticipated as...

The 2021 United Nations Climate Change Conference, also known as COP26, has seen politicians from several countries make ambitious pledges to reduce greenhouse emissions.  Scores of world leaders signed a pledge to slash potent climate heatin...

As cryptocurrencies continue to rise in value and popularity, with Bitcoin breaking the $66,000 mark on Wednesday, there is growing dislike of these currencies in the US and internationally. Indeed, no one detests cryptocurrencies like Warren Buffett...

With inflation at a 31-year high and a 26-year record in the US and China, respectively, gold is not providing the protection it usually does. Gold Exchange-Traded Funds (ETF) are lagging. The SPDR Gold Trust (GLD), with $56.1 billion in assets, i...

With trading sessions for the week starting November 8 now into their second day, here are the top five things to watch in markets.   US September-Quarter  Earnings Season Expect to see reports from a number of blue-ch...

Authorities in China took a fresh swipe at crypto mining by calling the practice “extremely harmful.” Citing crypto mining as a threat to the country’s efforts to reduce carbon emissions, authorities have voiced concerns at the amou...

Russia’s Nord Stream 2 gas pipeline faced fresh commissioning delays as crucial approval from the German regulator was further delayed this week.  European gas prices rose sharply on the back of this news, as the pipeline is now only ex...

There is apprehension in global markets as a combination of factors place strain on key world economies.  Countries the world over are facing a cost-of-living squeeze amid surging gas prices and supply bottlenecks. In China, persistent high i...

Tether, the world’s biggest stablecoin that pegs its value one-to-one with the US dollar, is losing value and can no longer maintain its equal pegging.  Stablecoins are usually a place of safety for crypto investors during times of turb...

Several business groups in Sri Lanka have asked the president to install a new government and resign immediately thereafter. With little more than $50 million in foreign exchange reserves, Sri Lanka is basically bankrupt and dependent on external...

In another blow to the embattled US economy, prices at the pump climbed to new record highs. The national average price for regular gasoline soared more than four cents on Tuesday to $4.37 a gallon, beating the prior record of $4.33 set in early Marc...

Bitcoin fell 10% on Monday after plunging again over the weekend. The industry standard cryptocurreny’s price has now dropped almost 20% in the past week.  Now sitting at a price just below $31,000, Bitcoin is more than 50% below its re...

The US Justice Department has indicted Mining Capital Coin (MCC) CEO Luiz Capuci Jr. for “allegedly orchestrating a $62 million global investment fraud scheme,” the federal agency said last Friday. MCC is a cryptocurrency mining and in...

The European Commission has proposed a sixth round of sanctions against Russia over its attack on Ukraine. The new restrictions include a plan to phase out all crude and oil products by the end of the year. Sanctions have so far not affected Russi...

The US Federal Reserve announced an interest rate hike of a half-percentage point in an attempt to take control of the worst inflation America has seen in 40 years. The central bank has not hiked rates this much in 22 years. The decision was unani...

India's Tata Motors is taking a frugal approach to entering the electric vehicle (EV) market. The company makes a little more than 100 EVs a day at its Pune plant, with many processes being carried out by hand to save money. Competitive protec...

South Korea, Asia’s fourth-largest economy, saw its consumer price index rise to 4.8% in April from 4.1% in March. The country’s consumer prices rose in April at their fastest pace in nearly 14 years due to red-hot food and energy pric...

US bond yields are at their highest level in years. With the US Fed aggressively raising interest rates in the face of surging inflation, cash is flowing back into bonds as investors seek insurance from a possible recession. This flight toward bon...