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China’s economy maintained steady momentum in the second quarter, expanding by 1.1% from April to June and hitting an annualized growth rate of 5.2%, according to the National Bureau of Statistics. That keeps the country comfortably on course to meet its ...

Investor confidence in Germany surged in July, with the ZEW Economic Sentiment Index hitting 52.7, which was its highest reading since February 2022 and well above the consensus forecast of 50.3. The gain from June’s 47.5 reflects renewed optimism around potential ...

Bitcoin surged past $120,000 this week, reaching a high of $122,600, as institutional capital continued to pour into crypto-backed ETFs. The move followed a record-setting day of ETF inflows, with $1.18 billion entering the market on Thursday alone, marking the ...

Nvidia became the world’s first publicly traded company to hit a $4 trillion valuation this week, edging past tech giants Apple and Microsoft. Its stock climbed 2.76% during Wednesday’s session before closing up 1.8%, putting its market cap just shy of ...

Shares of WK Kellogg surged over 56% in after-hours trading following reports that Ferrero, the Italian confectionery heavyweight, is closing in on a $3 billion acquisition of the US cereal brand. If confirmed, the deal would more than double Kellogg’s current ...

U.S. President Donald Trump has reignited global trade tensions by announcing a blanket 10% tariff on any country aligning itself with BRICS (traditionally Brazil, Russia, India, China, and South Africa) policies that he claims undermine American interests. Last year, the list ...

A new oil pipeline running to British Columbia’s coast looks increasingly likely to join Canada’s fast-track list of nationally significant projects, according to Prime Minister Mark Carney. This comes as Canada looks to speed up major projects aimed at strengthening its ...

Apple is still under pressure to deliver meaningful AI progress as rivals like Google and OpenAI race ahead. Last month’s WWDC was expected to showcase advances in Apple Intelligence, but the event left both Wall Street and consumers underwhelmed. The improved Siri, ...

The US dollar is suffering its steepest first-half fall in over 50 years, down 10.8% against a basket of currencies in 2025. Global investors are unwinding dollar positions as Trump’s tariff-driven policies, record debt levels, and attacks on Federal Reserve independence ...

Singapore has rolled out tougher anti-scam measures, giving police the authority to seize bank accounts and block money transfers if they suspect someone is the victim of a scam, including FOREX and crypto-related scams. The move follows a worrying surge in ...

Eurozone inflation nudged back to 2% in June, marking the first rise since January and keeping the European Central Bank on alert. Consumer prices rose 2% year-on-year, up from 1.9% in May, matching forecasts. Monthly inflation accelerated to 0.3%, after staying ...

Europe’s defence industry is booming, with job growth in the sector leaving the broader labormarket behind. EU countries have ramped up defence spending by over 30% since 2021, climbing from €214 billion to €326 billion by 2024, according to the ...

Nike’s difficult year ended with more disappointing numbers, as revenues fell 10% to $46.3 billion and net income slumped 44% to $3.2 billion for the fiscal year ending May 2025. The final quarter was even worse, with revenue down 12% to ...

The US dollar slumped to a three-year low after reports emerged that Donald Trump will likely accelerate the announcement of his pick to replace Federal Reserve Chair Jerome Powell. Trump, who has clashed with Powell over interest rate policy, is reportedly ...

Tesla’s European sales took another hit in May, marking the fifth consecutive monthly decline for the US-based electric vehicle maker. According to data from the European Automobile Manufacturers Association, Tesla registered just 13,863 new cars across the EU, UK, and EFTA ...