The U.S. economy is showcasing resilience as retail sales in October surpassed expectations, driven by robust consumer spending on vehicles and electronics. This unexpected economic vigor, coupled with upward revisions to September’s sales data, is reshaping forecasts for the Federal Reserve’s...

As the world faces increasingly severe consequences of climate change, global leaders are under pressure to deliver decisive action on climate finance. The upcoming G20 summit in Rio de Janeiro represents a critical opportunity to chart a course for addressing the financial challenges tied to...

Emerging market (EM) stocks are expected to lag behind their global counterparts in the aftermath of Donald Trump’s recent election victory as U.S. President. Citigroup analysts cite potential disruptions from his trade policies and a strong U.S. dollar, which could exacerbate challenges for...

The cryptocurrency industry is gearing up for a potential overhaul of U.S. crypto policies under President-elect Donald Trump. With his decisive election victory and a projected Republican-controlled Congress, industry leaders are optimistic about unprecedented opportunities to advance pro-crypto...

India's central bank, the Reserve Bank of India (RBI), announced on Wednesday that three major Indian banks—State Bank of India (SBI), HDFC Bank, and ICICI Bank—will continue to hold the status of Domestic Systemically Important Banks (D-SIBs). This designation means that these banks are crucial to...

The U.S. dollar reached new highs on Tuesday, driven by investor anticipation of economic shifts under Donald Trump's upcoming administration, and continued its upward momentum against major global currencies. At the same time, Bitcoin surged to an all-time high as investors flocked to assets...

In a historic rally, Bitcoin has surged past the $81,000 mark, driven by a convergence of factors including favorable political shifts, optimistic regulatory outlooks, and increased investment from prominent figures in the tech and financial sectors. This record-breaking ascent underscores not only...

As the global economy grapples with inflation, climate concerns, and post-pandemic recovery, central banks worldwide are reevaluating interest rate policies to balance growth and stability. Recently, the Bank of Japan (BOJ) reaffirmed its commitment to a 2% inflation target, despite potential...

The U.S. government has escalated efforts to restrict China’s access to advanced semiconductor technology, a critical component in artificial intelligence (AI) and high-performance computing, by broadening export controls. In a recent move, the Department of Commerce has targeted Taiwan...