Browsing: Featured News

Asian markets displayed mixed performance on Thursday as trading resumed after the New Year holiday, with Chinese stocks leading losses amid weaker manufacturing data. Meanwhile, Singapore reported accelerated economic growth for 2024, signaling resilience despite regional uncertainties. China’s Caixin/S&P Global

Oil prices surged in the first trading session of 2025, marking the highest levels since October, as U.S. crude stockpiles registered another decline and technical indicators pointed to stronger short-term demand. West Texas Intermediate (WTI) rose 2%, closing above $73

South Korean cryptocurrency entrepreneur Do Kwon has been extradited to the United States to face charges related to the collapse of Terraform Labs, which resulted in estimated investor losses of $40 billion. Kwon, the co-founder of Terraform Labs, appeared in

Tesla Inc. reported its fourth-quarter and year-end vehicle production and delivery results, revealing the company’s first-ever annual decline in deliveries. Tesla disclosed 495,570 vehicle deliveries and 459,445 units produced in the fourth quarter of 2024, bringing total annual deliveries to

Emirates SkyCargo has expanded its freighter network by introducing a dedicated weekly service to Copenhagen Airport, Denmark. The addition brings the total number of freighter destinations served by the carrier to 38, reflecting growing demand for cargo transportation in Scandinavia.

Milan has implemented its most stringent ban on outdoor smoking to date, effective January 1, 2025. The new regulation, part of a broader initiative launched in 2021, aims to enhance air quality and protect public health in Italy’s financial and

Bitcoin is expected to reach new all-time highs in 2025, with multiple forecasts predicting the cryptocurrency could double in value, surpassing $200,000. Following a strong 150% rally in 2024, analysts and industry executives anticipate that favorable regulatory developments and increased

The U.S. dollar ended 2024 with significant gains against most global currencies, supported by higher Treasury yields and reduced expectations for aggressive Federal Reserve rate cuts. Despite slipping slightly on the final trading day, the dollar’s strength reflected investor caution

Gold prices surged by 26% in 2024, marking one of the most significant annual gains in over a decade, fueled by monetary policy shifts and geopolitical uncertainties. The precious metal closed the year at $2,626.80 per ounce in Asia on

France’s ski industry is witnessing a growing decline in smaller, mid-altitude resorts as economic and environmental pressures mount. Since the 1950s, 186 ski resorts have closed across the country, and analysts predict further closures over the next two decades. The