The quest by the auto industry to produce electric car motors with minimal or no rare earth content has reached a fever pitch, with suppliers and automakers from the US, Europe, and Japan vying for market share against China.   Since these motors are the best at producing the torque needed...

According to Trading Economics, the price of lithium carbonate in China dropped below 200,000 yuan ($20.6 thousand) per ton, marking the lowest price in over two years, having peaked in September 2021. The situation resulted from growing stocks accumulated in the face of declining worldwide demand....

The European Central Bank will be able to begin decreasing interest rates in "a couple of quarters," according to ECB President Christine Lagarde at a Financial Times conference. If present rates are maintained for a long enough period of time, she believes inflation in the eurozone will slow to...

When the worst violence in decades rocked the Middle East and rattled the region's business-friendly narrative in October, foreign investors withdrew an unprecedented amount of money from U.S. equities funds that tracked Saudi Arabia.   According to LSEG statistics, the iShares MSCI Saudi...

Any method devised by Homer Simpson to become wealthy quickly almost always backfires.   The poor father in the most recent episode of The Simpsons turns himself and his son Bart into NFTs in an attempt to gain millions of dollars.   When Homer learns that "the NFT craze is over" via...

US President Joe Biden's administration swiftly criticised Moody's for lowering its outlook on the U.S. credit rating to "negative" from "stable" on Friday, citing significant fiscal deficits and a fall in debt affordability.   The action comes after the sovereign's rating was downgraded...

China is importing record amounts of oil from Iran as the country increases production in defiance of the possibility of additional U.S. sanctions.   Current sanctions were put in place due to Iran's nuclear programme, and American politicians are looking to increase pressure following...

Huw Pill, the chief economist of the British Central Bank, argues that the Bank of England should maintain its tight monetary policy, writes the Financial Times. "We don't need to raise rates to keep inflation under control," Pill argues. - "It will keep them at the present restricted level."...

After four months of stable policy, Australia's central bank lifted interest rates to a 12-year high on Tuesday. However, it did not say whether more tightening would be required to control inflation.   The Reserve Bank of Australia (RBA) hiked its cash rate by 25 basis points to 4.35% as it...