Malaysians rejoice as ringgit’s surge boosts travel budgets: ‘it’s good news’
The ringgit’s surge to a five-year high against the US dollar is prompting Malaysians, especially travellers, to exchange…
China’s offshore yuan breaks major benchmark as appreciation momentum builds
China’s offshore yuan strengthened further on Thursday, dipping below the benchmark rate of seven against the US dollar…
China expands digital-yuan push to Singapore and Asean trade routes
In an effort to further promote the internationalisation of China’s currency, Beijing has pledged to expand the use…
China cuts US Treasury holdings to lowest level since 2008 amid debt ceiling fears
China reduced its US Treasury holdings in October to its lowest level in 17 years, as mounting concerns…
China’s copper heartland vows to build US$28 billion empire, dominate in global market
A key industrial hub in eastern China is launching a push to transform itself into one of the…
Preliminary Consumer Sentiment rises to 53.3 in December as inflation expectations ease – KITCO
Preliminary Consumer Sentiment rises to 53.3 in December as inflation expectations ease KITCOUS consumer sentiment jumps for first time…
US weekly jobless claims fall to three-year low – KITCO
US weekly jobless claims fall to three-year low KITCOUS unemployment claims fall to lowest level since September 2022 MSNUS initial…
Policymakers count the costs as rupee breaches 90/dollar barrier: Here is what could be in store for India now
The rupee sank to a record low against the US dollar on December 3, briefly breaching the psychological…
Fed sees continued jobs weakness but inflation worries rise, members have “strongly differing views” on December – Fed Minutes – KITCO
Fed sees continued jobs weakness but inflation worries rise, members have “strongly differing views” on December – Fed…
Next financial meltdown could be much worse with US on sidelines
This is the second in a two-part series. Read part one here. Globalization has always had its critics…
New phrase, new phase? China’s central bank adjusts language on yuan internationalisation
China’s central bank has adopted a more proactive tone when describing its efforts to promote the global use…
What A Surprise Spike In The Unemployment Rate Means For Interest Rates And The Economy
(MENAFN– The Conversation) The rate of unemployment in Australia is on the rise again. Official labour force data…