Citing export curbs, China’s overseas shipments of rare earth magnets plummeted in May, falling to their lowest levels in over five years and halving…
A recent government report from the Canada Mortgage & Housing Corp. (CMHC) indicates that even a doubling of homebuilding activity in Canada would only…
Brazil’s Central Bank hiked its benchmark interest rate, the Selic, to 15%, the highest since 2006, suggesting a firm stance against ongoing inflationary pressures.…
The International Monetary Fund warns that Europe is slipping into stagnation without massive efforts to change the tide. The rising geopolitical risks, slow growth and…
The Israel-Iran conflict is once again casting a shadow over global energy markets, as the possibility of US military action against Iran looms large.According…
The United States continued to dominate the global wealth rankings in 2024, adding more than 379,000 new millionaires to bring its total to 23.8…
The Bank of England (BoE) held its benchmark interest rate at 4.25% on Thursday, pausing its monetary easing cycle amid weak GDP growth and…
Donald Trump came into office swearing off foreign wars. He called himself a peacemaker, a dealmaker who could end conflicts others had failed to…
The Switzerland National Bank (SNB) cut interest rates by 25 basis points to 0% on Thursday, deepening its dovish stance amid renewed concerns over…