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President Donald Trump has admitted that his threat to impose a 100% tariff on all Chinese imports is “not sustainable.” Meanwhile, he plans to meet with Xi Jinping in South Korea soon to ease trade tensions between the two countries. China recently introduced stricter controls on rare-earth exports, which it says protect national interests. In response,…
The meteoric rise in Bitcoin’s price has minted another 70,000 crypto millionaires in the past year, creating a new wave of digital wealth that’s beginning to ripple through the global economy. According to a joint report from Henley & Partners and New World Wealth, there are now about 241,700 individuals with crypto holdings worth over…
New York — Gold prices have soared past $4,000 an ounce, marking one of the metal’s most extraordinary rallies in modern history — and signaling rising unease in the global economy. So far in 2025, gold has surged 54%, its sharpest annual rise since 1979, according to FactSet. The surge reflects a convergence of inflation…
The Bank of Thailand (BOT) is expected to cut its key policy rate by 25 basis points this week to support a sluggish economy and counter the impact of a strong baht on exports and tourism, according to a Reuters poll. Over 70% of economists surveyed anticipate a reduction to 1.25%, while the rest expect…
