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Australian Stocks Surge 0.92% to Top 8000, with Uranium Shares Leading the Way
May 13, 2025, 1:56 pm EDT
New Zealand's S&P/NZX 50 Falls 0.7% as RBNZ Pauses Rate Cuts
July 10, 2025, 2:57 pm EDT
Fed Minutes Boost Rate Cut Hopes; Nvidia Briefly Tops $4 Trillion Market Cap
July 10, 2025, 2:42 pm EDT
France and Spain Face Hurdles in Economic Policy Adjustment: Fiscal Austerity and Military Spending Pressure
May 13, 2025, 3:32 pm EDT
TSMC’s Technological Prowess: Navigating Geopolitics While Defending Chipmaking Supremacy
May 21, 2025, 11:59 am EDT
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Economic News
BOJ Warns of Food Price-Driven Inflation; U.S. Tariffs Could Severely Hurt Japan's GDP
Bank of Japan board member Junko Kotani warned on July 9 that surging prices of rice and other foodstuffs are intensifying inflationary pressures, urging vigilance against "second-round effects" that might lift household inflation expectations. Japan’s consumer inflation remains around 3%, but the BOJ’s weighted median inflation gauge—closely watched by policymakers—still lags below the 2% target. Kotani noted economic uncertainty makes it premature to pinpoint the next rate hike, with food prices a critical variable.
July 10, 2025, 2:53 pm EDT
Replacing SWIFT? the new BRICS payment system is here!
Replacing SWIFT? 159 countries have responded! The new payment system of the BRICS countries is on its way!
August 29, 2024, 10:18 am EDT
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