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The UK’s inflation rate surged to 3% in January, exceeding analyst forecasts of 2.8%, as reported by the Office for National Statistics. Core inflation, stripping out energy, food, alcohol, and tobacco, climbed to 3.7%, up from 3.2% in December. The increase ...

Malaysia’s economy grew 5.1% in 2024, driven by strong investment and household spending, despite a slowdown in the commodities sector. The country’s central bank reported that GDP expanded by 5% in the fourth quarter, slightly lower than the 5.3% growth ...

Arm Holdings, the British chip designer known for licensing its processor architecture to companies like Apple, Nvidia, and Qualcomm, is reportedly set to manufacture its own chips in 2025. This shift is a major pivot from its traditional business model ...

The European Commission has wasted no time in responding to the latest trade policy shift from Washington, vowing swift and firm action against the newly announced US reciprocal tariffs. The US move, which the EU executive described as unjustified, marks ...

Cryptocurrency scams reached unprecedented levels in 2024, with initial estimates placing fraudulent activity at $9.9 billion. Chainalysis, the blockchain analytics firm, believes the final figure is expected to climb to a record $12.4 billion as more fraudulent wallets are identified. ...

China’s leading EV battery manufacturer, Contemporary Amperex Technology (CATL), is gearing up for a major listing in Hong Kong, targeting at least $5 billion in fresh capital. After raising $6.7 billion in Shenzhen in 2022, this marks its second public ...

Chocolate lovers are feeling the pinch as cocoa prices skyrocket, with the commodity reaching an all-time high of $12,646 per metric ton in December. A combination of extreme weather conditions and the cocoa swollen shoot virus has disrupted supply in ...

Amazon delivered better-than-expected fourth-quarter earnings, but its weaker guidance sent investors scrambling. The stock slid over 4% in extended trading, even after a 9% year-to-date gain and a massive 44% rally in 2024. The e-commerce and cloud giant is facing ...

Crude oil prices tumbled to their lowest levels of the year, weighed down by renewed concerns over weakening demand and escalating trade tensions between the US and China. Investors remain wary as China announced a 10% tariff on US crude oil ...

The Reserve Bank of India (RBI) is expected to cut its benchmark repo rate by 25 basis points to 6.25% as slowing growth and weakening inflation create room for monetary easing. India’s economy expanded just 5.4% in the September quarter, ...

The U.S. is moving toward clearer cryptocurrency regulation, with stablecoins taking priority. White House crypto czar David Sacks is working alongside lawmakers to pass legislation within six months, aiming to establish a regulatory framework that strengthens the dollar’s position in ...

S&P 500 futures rose slightly on Tuesday, gaining 0.1%, as investors digested escalating trade tensions between the U.S. and China. Dow Jones Industrial Average futures dipped 51 points, or 0.1%, while Nasdaq-100 futures climbed 0.3%. The moves followed China’s announcement of ...

Auto stocks took a beating on Monday after U.S. President Donald Trump pushed ahead with sweeping tariffs on imports from Canada, Mexico, and China, reigniting fears of a trade war. General Motors plunged 8% in U.S. pre-market trading, while Ford ...

The European Central Bank (ECB) has lowered its benchmark interest rate by another 25 basis points, bringing it down to 2.75%, as inflation edges closer to the 2% target while economic growth falters.The move comes amid a bleak economic backdrop, ...

Shell’s 2024 earnings landed below market expectations, reflecting weaker trading margins, exploration write-offs, and softer crude prices in the last quarter. The British oil giant posted an adjusted full-year profit of $23.72 billion, down from $28.25 billion in 2023. Analysts had ...