The Chinese real estate market is de-leveraging very hard.
Economists estimate Chinese households have suffered $10+ trillion of wealth losses as a result.
There is now a strong urge to stop the bleeding amongst Chinese policymakers.…
Business & FinanceEconomy06 September 2024, 11:06 am 1 minute
Reuters exclusively reported that one of the frontrunners to become Japan’s next premier said that any U.S. move to block…
ZUMA Press Wire/ShutterstockSue Gray has quit her role as Prime Minister Sir Keir Starmer's chief of staff, saying she "risked becoming a distraction".She had been caught up in rows over pay, after the BBC's political editor revealed !-->!-->…
ULKEN, Almaty region, Kazakhstan (Reuters) -Kazakhstan voted in a referendum on Sunday on whether to build its first nuclear power plant, and an exit poll showed voters backed the idea promoted by President Kassym-Jomart Tokayev's cabinet…
(Reuters) - Hurricane Milton is forecast to rapidly intensify during the next couple of days and become a major hurricane on Monday, the U.S. National Hurricane Center said on Sunday.
Currently, about 290 miles (465 km) west-northwest of…
On September 18, 2024, the headlines read the Fed cut the Fed Funds rate by 50 basis points. At first blush, one would think that a trader with a crystal ball a couple of days before the Fed action would buy bonds and lick their chops…
ALMATY (Reuters) - Kazakhstan votes in a referendum on Sunday on whether to build its first nuclear power plant, an idea promoted by President Kassym-Jomart Tokayev's government as the Central Asian nation seeks to phase out polluting coal…
String of strong data has markets reduce rate cut expectations this year by 25bpsThe US economy has seen a string of good data recently and it has markets dialing back their (aggressive) rate cut pricing.10 days ago, markets…
The Delegation of the Peace and Security Council (PSC) of the African Union (AU), comprising the representatives of the fifteen (15) PSC Members, namely, Angola, Botswana, Cameroon, Cote d'Ivoire, Democratic Republic of Congo,…
Met OfficeThe very strong solar flare came from a region near the Sun's south-centre discA huge solar flare, the largest since 2017, has been spotted erupting from the Sun’s surface.Solar flares are made up of electromagnetic radiation!-->!-->…