Bank of England set to hold interest rates as economists debate 2024 cuts
A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The Bank…
India overtakes Hong Kong to become world’s seventh largest stock market
Pedestrians walk towards the Chhatrapati Shivaji Terminus train station at dusk in Mumbai, India, on Wednesday, Oct. 4, 2023. Bloomberg | Bloomberg | Getty Images India’s stock market value has…
NewEdge Wealth sees record rush intensifying
The record gold rush may intensify into year-end. According to NewEdge Wealth’s Ben Emons, the final month of the year typically creates a bigger appetite for the yellow metal. “It’s…
Cautious investors may want to look beyond high-yield savings accounts
Cautious investors piling into cash may want to consider other options. According to SPDR Exchange Traded Funds’ Matthew Bartolini, active management can also provide them with stability and income while…
Chinese property developer Sunac says it’s met restructuring conditions
A booth of Sunac China is seen at a housing fair in China, May 16, 2014. Developer Sunac China missed the deadline for coupon payments on a $742 million offshore…
Thailand’s economy is slowing, and it could mean trouble
Residents rest in front of a fan in Bangkok, April 25, 2023. Andre Malerba | Bloomberg | Getty Images Thailand’s economy grew at its slowest pace in almost a year…
Milei wins in Argentina, edging the country closer to the U.S. dollar
Newly elected President of Argentina Javier Milei of La Libertad Avanza speaks after the polls closed in the presidential runoff on November 19, 2023 in Buenos Aires, Argentina. Tomas Cuesta…
Laos is spiraling toward a debt crisis as China looms large
A pedestrians at a bus station in Vientiane, Laos, on Saturday, June 24, 2023. Valeria Mongelli | Bloomberg | Getty Images An alarming debt crisis has unfolded in Laos in…
Heed the Russell 2000’s warning
Traders work on the floor of the New York Stock Exchange during afternoon trading on September 26, 2023 in New York City. Michael M. Santiago | Getty Images News |…
India oil minister Hardeep Singh Puri
Oil trades have sometimes been settled in the Chinese yuan, Russian ruble or Indian rupee, but the idea of “de-dollarization” — or moving away from the U.S. dollar to settle…