According to several market participants, insurers are refusing or restricting coverage to clients who have exposure to the insolvent crypto exchange FTX, leaving traders and exchanges of digital currencies uninsured for any losses from hacks, theft, or legal actions. Due to the lack of market...

The Federal Reserve of the United States, the European Central Bank, the Bank of England, and the Swiss National Bank all raised interest rates by 50 basis points this week, as expected, but markets are focusing on their shifting tones.   Markets reacted negatively after the Fed raised its...

New oil and gas project will no longer be financed, said HSBC bank. The bank made the announcement when it provided its yearly report on its climate change policy. Additionally, HSBC will now demand additional details about what its energy-related clients are doing to minimize their emissions....

With inflation anticipated to be near to a peak and the Frankfurt institution looking to reduce its massive holdings of government bonds, the European Central Bank will continue to raise benchmark rates, albeit at a slower pace.   “We expect the ECB to raise its policy rates by 50 bp at the...

Inflation was slightly lower than expected in November in the UK, at 10.7%, as lower fuel prices helped ease price pressures, though high food and energy prices continued to squeeze households and businesses.   Reuters polled economists predicted an annual increase in the consumer price...

The New Zealand government issued a forecast, saying that the country will go into recession in 2023 but anticipating a budget surplus in the 2024–2025 fiscal year. The Labor Party of Prime Minister Jacinda Ardern will face new difficulties as a result of restricted spending and the approaching...

Although consumer inflation likely slowed in November, prices continued to rise at a rapid pace, particularly for services.   According to Dow Jones, economists expect the consumer price index to rise 0.3% in November, or 7.3% on an annual basis. This is a decrease from 7.7% in October....

The latest upheaval is the United States' ban on chip exports to China, which is prompting companies to consider shifting some of their chipmaking capabilities to neighboring Vietnam and India.   Nonetheless, experts believe that the Biden administration's semiconductor export restrictions...

According to JPMorgan analysts, Southeast Asia's markets will behave similarly to a "bungee jump" in 2023, plummeting before surging in the second half of the year.   This is likely to be characterized by a "sharp fall followed by a rapid increase in altitude (bear market rally) followed by...