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Category: Economy

Economy

US producer prices unexpectedly fall in May

June 13, 2024

WASHINGTON: U.S. producer prices unexpectedly fell in May amid lower energy costs, another indication that inflation was subsiding after surging…

Economy

Malaysia keeps inflation outlook for 2024 after diesel subsidy reforms

June 13, 2024

KUALA LUMPUR: Headline inflation in Malaysia is expected to remain within the government's projected range of 2% to 3.5% for…

Economy

Economy is on track for soft landing, says Chambers

June 13, 2024

Australia’s government is “cautiously confident” it can bring the economy in for a soft landing despite anemic growth in the…

Economy

Pakistan likely to hike taxes before crucial IMF loan

June 13, 2024

Pakistan’s government is set to unveil its budget this week, with Finance Minister Muhammad Aurangzeb likely under pressure to hike…

Economy

Boosting organic, sustainable agriculture in Northern Midlands regions

June 13, 2024

Organic farming areas are often fragmented and lack sufficient barriers to prevent chemical contamination from neighbouring conventional farms.

Economy

Colombia faces weakening case for cuts

June 13, 2024

Colombian inflation stopped slowing in May for the first time in more than a year, potentially weakening the case for…

Economy

BoK calls for balance in considering rate cut

June 13, 2024

Bank of Korea (BoK) governor Rhee Chang-yong called for a balanced approach in considering the timing of a policy pivot,…

Economy

Immigration slows, record number of Kiwis depart

June 13, 2024

New Zealand’s immigration slowed to an 11-month low in April as record numbers of citizens departed, suggesting a softening of…

Economy

Vietnamese exports recover in 2024, but still face challenges

June 13, 2024

Vietnam’s exports to key markets in the first five months of the year increased by 15% over the same period…

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Crypto World

1
Cryptocurrency

Is Bitcoin about to go parabolic? BTC price targets include $160K next

May 9, 2025

Key points:Bitcoin continues to attack a key resistance zone below all-time highs.“Parabolic” BTC price talk begins to resurface as bulls hold six figures after the Wall Street open.Signs of profit-taking are increasing amid the highest…

2
Cryptocurrency

AI's GPU obsession blinds us to a cheaper, smarter solution

May 9, 2025

Opinion by: Naman Kabra, co-founder and CEO of NodeOps NetworkGraphics Processing Units (GPUs) have become the default hardware for many AI workloads, especially when training large models. That thinking is everywhere. While it makes sense…

3
Cryptocurrency

Chance of Bitcoin price highs above $110K in May increasing — Here’s why

May 9, 2025

Key Takeaways:Bitcoin is driven by its ability to perform well in risk-on and risk-off environments, according to Bitcoin Suisse. Bitcoin’s Sharpe ratio of 1.72, second only to gold, underscores its maturity as an asset, offering…

4
Cryptocurrency

Galaxy Digital approved for US domicile, clearing way for Nasdaq listing

May 9, 2025

Galaxy Digital has been approved by the US Securities and Exchange Commission (SEC) to redomicile in the United States, setting the stage for the crypto investment company’s listing on the Nasdaq stock exchange.Galaxy anticipates listing on…

Economy

Economy

Lyft shares pop 20% after buyback; CEO says there are no signs of worry in the consumer

May 9, 2025
Economy

Trump backs tax hike on the rich, but says GOP ‘probably’ shouldn’t do it

May 9, 2025
Economy

First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports

May 9, 2025
Economy

Cargo thieves are attacking the U.S. supply chain at alarming rates

May 9, 2025
Economy

Trump suggests cutting China tariff rate to still-high 80% ahead of Switzerland talks

May 9, 2025
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