At last month's Federal Reserve meeting, discussions about the timing of interest rate cuts took center stage, with some U.S. central bankers eager to kickstart the debate. The extent of support for a rate reduction starting at the upcoming September 17-18 meeting will become clearer when the...

Singapore is set to roll out a new unemployment support initiative aimed at assisting workers who have been laid off or become involuntarily unemployed. Prime Minister Lawrence Wong announced the plan during his National Day Rally speech, where he also touched on key aspects of the nation's...

Last week, the United States and China took significant steps to enhance their cooperation on financial stability, marking a notable development in the ongoing dialogue between the world’s two largest economies. According to a readout from the People’s Bank of China (PBOC) on Monday, the agreements...

Goldman Sachs has revised its outlook on the U.S. economy, reducing the probability of a recession to 20%, down from a previously raised estimate of 25%. This adjustment comes as recent labor market data suggests that the U.S. economy remains more robust than initially feared.   Earlier this...

Russian pork producers are leveraging the ongoing trade tensions between the European Union and China to strengthen their position in global markets, particularly in China, the world’s largest pork consumer. As a new player in the $3.5 billion Chinese import market, Russia is setting ambitious...

In August, the consumer confidence index in the United States rose to 67.8 points from 66.4 points in the previous month, reads the initial study from the University of Michigan, which is responsible for calculating this measurement. According to Trading Economics, analysts, on average, forecasted...

Moody's Ratings has highlighted that ongoing regulatory investigations into cash sweep programs used by wealth managers could have significant consequences for their credit ratings. This scrutiny poses a substantial risk to the high-margin business models of major firms such as Morgan Stanley and...

In August, U.S. consumer sentiment saw a notable rise, influenced by shifts in the political landscape as the race for the White House intensified, according to a survey released on Friday. The University of Michigan's preliminary index reading for consumer sentiment reached 67.8, up from 66.4 in...

China's announcement on Thursday to impose export controls on certain antimony products, effective from September 15, underscores the critical role this mineral plays in various global industries. The new measures, justified by Beijing as necessary for national security, add to a series of...