Alibaba Group is set to raise approximately HK$12 billion through exchangeable bonds to enhance its global cloud services and commerce ventures. The tech giant is making significant moves amidst fluctuating markets and economic data.
As President Trump considers potential replacements for Jerome Powell, uncertainty looms over whether Powell will step down next year. With his term ending in May, Trump may need to prepare for various scenarios.
The Swiss National Bank has slashed its interest rate to zero, raising the possibility of negative rates in the future. This decision aims to combat low inflation and comes amid global economic uncertainty. What does this mean for savers and the markets?
Stock futures fell slightly as investors reacted to the escalating conflict between Israel and Iran, despite positive gains in major indices earlier. With oil prices cooling, what does this mean for the market?
Stock futures are flat as investors anticipate new developments in U.S.-China trade talks. With minor gains in major indices, the focus is on potential agreements to avoid hefty tariffs.
The 30-year Treasury yields have remained above 5% since May 21, causing concern among investors. This rise in yields coincides with the passing of a significant budget bill by the House of Representatives.
In a dramatic announcement, Trump has proposed a staggering 50% tariff on EU goods, sparking fears of a trade war. How will the EU respond? Discover the implications for global markets and diplomacy.
In a significant monetary policy shift, China has cut benchmark lending rates for the first time since October, aiming to stimulate its economy amid ongoing trade tensions with the U.S. Major state banks have also reduced deposit rates, reflecting a strategy to bolster consumption and loan growth. As officials navigate a challenging economic landscape, questions arise about the effectiveness of these measures in achieving growth targets.
As financial markets reopen, investors are on edge following Moody's decision to downgrade the US credit rating. This move raises alarms about the nation's ballooning budget deficit and its implications for the economy.
Federal Reserve Chair Jerome Powell warns that higher long-term interest rates are likely, signaling a shift in economic policy and potential supply shocks. As inflation remains volatile, what does this mean for the economy and your finances?
