The People's Bank of China has decided to reduce key refinancing rates as part of efforts to support the national economy. Thus, the rate on annual loans was reduced from 3.1% to 3%, and on five-year loans – from 3.6% to 3.5%, which corresponds to a reduction of 10 bps for both categories. This step was the first reduction in key interest rates since October last year.Such a decision, experts say, was expected, especially in the context of the escalated trade conflicts with the United States, wh... Baca Lagi
China has imposed new restrictions on exports of tungsten, a key strategic metal used in the... Baca Lagi
The US dollar is experiencing a significant drop, which may be the largest in the last three... Baca Lagi
Steelmaking is declining in Russia. According to data for January-October 2024, steel production... Baca Lagi
Britain cooperates closely with the United States in trade, exporting Land Rover cars, equipment,... Baca Lagi
The French government was under threat of removal from power. The opposition parties, dissatisfied... Baca Lagi
On Thursday, oil markets showed an increase in prices, despite the relatively low trading activity... Baca Lagi
In October, the Chinese market saw a sharp drop in demand for smartphones from foreign brands,... Baca Lagi
The United States does not see the risk of nuclear escalation due to Ukraine's use of ATACMS... Baca Lagi
Europe is preparing for a cold winter, which could be the coldest since 2022. This circumstance... Baca Lagi
China's economy continues to experience difficulties. In October, the profit of industrial... Baca Lagi
On Wednesday morning, oil prices showed slight fluctuations, reflecting the impact of both signals... Baca Lagi
The Russian ruble continues to weaken, despite the support from tax payments and stable oil quotes.... Baca Lagi
The administration of President Biden has approved the allocation of large funding to Intel in the... Baca Lagi
Bitcoin's recent unsuccessful attempt to break the $100,000 mark has led to the longest cycle of... Baca Lagi
The Chinese authorities are facing new tariff threats from US President-elect Donald Trump and are... Baca Lagi
Experts in the field of investment strategies express concerns about the underestimated risks... Baca Lagi
Consensus forecast: inflation in the Russian Federation will begin to decline steadily only by the... Baca Lagi
Amazon has announced a new $4 billion investment in Anthropic, an artificial intelligence startup... Baca Lagi
After the rapid growth that raised bitcoin to the $100,000 mark, the exchange rate of the digital... Baca Lagi
Donald Trump's return to the political arena is alarming for investors, since his economic views,... Baca Lagi
The dollar retreated from highs after Trump's new appointments. The dollar is losing ground as... Baca Lagi
The Chinese authorities expressed their readiness for an active dialogue with the United States,... Baca Lagi
The head of the central bank of Cyprus expressed fears that a new trade war between Europe and the... Baca Lagi
Head of the Securities and Exchange Commission (SEC) USA Gary Gensler will leave his post in... Baca Lagi
Donald Trump has shown an active interest in cryptocurrency, linking it to the economic and... Baca Lagi
The United States warns of sanctions for using the Russian equivalent of SWIFT. The US Treasury... Baca Lagi
Kuwait Petroleum Corp. (KPC) intends to invest about 10 billion Kuwaiti dinars ($33 billion) over... Baca Lagi
The Chinese authorities are concerned about Trump's latest statements about imposing tariffs of... Baca Lagi
On Thursday, the US dollar paused its growth as investors wait for clearer signals from the new... Baca Lagi
Investors continue to actively invest in cryptocurrency, expecting favorable policy changes under... Baca Lagi
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