It's really advanced stuff.   Buoyed by a rising crypto tide, "layer 2" cryptocurrencies, which are local to projects built on top of "layer 1" blockchains like Bitcoin and Ethereum, have found fresh life after a year in the doldrums.   From the summer, cryptocurrency prices have...

In its macroeconomic forecast, the Central Bank of Israel calculated that the conflict with the Palestinian Hamas, had cost the nation 198 billion shekels, or 53 billion dollars. In a report on the "expected consequences" of Israel's operation in the Gaza Strip, the regulator stated that the total...

October saw profits at China's industrial companies continue to rise for a third month, albeit more slowly. This indicates Beijing may need to provide additional policy support to maintain growth in the second-largest economy in the world.   After an 11.9% gain in September and a 17.2% gain...

Drugmakers are attempting to reduce their reliance on Chinese contractors that manufacture pharmaceuticals used in clinical trials and early-stage manufacturing, according to reports based on interviews with ten industry executives and analysts. This trend is advantageous to competitors in India....

According to ECB head Christine Lagarde, the bank has now reached a position where it can pause and evaluate the results of the monetary policy tightening it has already implemented. She stated, "We have already done a lot," while speaking in Frankfurt at a Bundesbank event. "With all the tools at...

According to an Adobe Analytics research, Black Friday e-commerce spending in the United States reached a record $9.8 billion, up 7.5% from the previous year. This suggests that consumers who are price sensitive want to spend their money on the best offers and are searching for those deals online....

Data supplied with Reuters indicated that Chinese car sales in Russia appear to have peaked as domestic production recovers following the departure of Western manufacturers. However, recent market expansion may slow as high import costs and borrowing rates start to pinch.   These numbers are...

To combat the nation's skyrocketing inflation, Turkey's central bank increased its benchmark interest rate to 40%.   The increase from the prior rate of 35% was significantly more than anticipated.   However, Turkey's central bank indicated that interest rates were getting close to...

Germany's statistics office released figures on Friday that indicated the country's GDP dropped little in the third quarter as compared to the preceding three months.   The data supported a preliminary projection that the largest economy in Europe shrank by 0.1% and was released in late...