Tag: Finance

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Dollar boosted by U.S. rate fears, Asia shares under pressure

On Monday, Asian stock markets were muted and the dollar held steady as a surprising U.S. payrolls report dispelled recession rumours while also supporting...

Bridgewater fights against Chinese ‘All Weather’ imitators

Due to renowned hedge fund director Ray Dalio's enormous popularity in China, local investors have flocked to his funds, but it has also produced...

The Fed’s hawkishness lands a direct hit on FOREX Dollar

In spite of waning concerns of a protracted recession, the dollar weakened versus the majority of leading currencies on Thursday as assistance from the...

Bond yields rise on recession concerns, Asian markets fall tumble

Asian markets declined on Monday, pulling out from more than three-week highs as investors' appetite for risk was dampened by concerns about a slowing global...

UK inflation rises to 9.4%, reinforcing bets on a hefty BoE rate raise

British inflation last month reached its highest level in 40 years, according to official statistics, which boosted the chance that the Bank of England...

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RBI Withdraws Over ₹6 Trillion as Banking Liquidity Hits Record High

The Reserve Bank of India (RBI) absorbed more than...

Major Banks Unite to Develop Dollar Stablecoin for 2027 Launch

A coalition of 21 financial institutions, including Goldman Sachs,...

China Deploys Traffic Robots to Handle Routine Police Duties

China is testing humanoid robots for traffic-control work, assigning...

Pentagon Push for Faster AI Development Drives Smack Technologies’ $61 Million Funding Round

Smack Technologies, a defense technology startup developing artificial intelligence...

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