Following the increase in the US debt ceiling, it is expected that more than $1 trillion in short-term Treasury bonds will be issued in the next 18 months. With this move, the
Ahead of this weekend’s upper house elections in Japan, investors are worried that potential political shifts will further strain the fragile financial structure. This uncertainty has led to record interest rate increases,
JPMorgan Chase, the largest bank in the US, reported a net profit of $14.99 billion in the second quarter of 2024. This figure, equivalent to $5.24 per share, fell short of the
Consumer inflation in the US is estimated to have risen in June. This increase is expected to continue in the second half of the year, particularly due to the impact of new
Google has signed a historic $3 billion deal with Brookfield Asset Management to procure up to 3 gigawatts of hydroelectric power in the US. This agreement is the largest of its kind.
Nvidia CEO Jensen Huang, speaking at an event in Beijing, stated that with the easing of US export restrictions, they will increase the supply of H20 AI chips compatible with China in
A big question mark hangs over the meeting of the world’s leading central bankers this week in Sintra, Portugal: Is the US dollar-centric monetary system heading for collapse? The governors of the
Meta Platforms (META.O) could face daily fines if European Union regulators decide that changes it made to its “pay or consent” model do not comply with a competition order issued in April,
Germany’s data protection commissioner has requested that the China-based AI startup DeepSeek be removed from Apple and Google app stores in the country due to serious concerns about data privacy. In a
The Indian rupee gained 1.3%, its best weekly performance since January 2023, closing at 85.4750 against the US dollar on Friday. This marks the rupee’s strongest weekly gain in two and a