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Ringgit hits five-year high against US dollar in holiday trade

Ringgit hits five-year high against US dollar in holiday trade

The Malaysian ringgit extended its rally, reaching a five-year high against the US dollar, trading in a narrow range of RM4.04-RM4.05.

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Gold Outlook: Record Highs Test Momentum Into Year-End

Gold Outlook: Record Highs Test Momentum Into Year-End

Gold reached its latest record high during quiet trade on Monday. The question for traders now is whether it can sustain momentum into the year end with depleting volumes.

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BP sells stake in motor oil arm Castrol in $6bn deal

BP has sold a 65% stake in its motor lubricant arm Castrol to US-based investment firm Stonepeak.

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Which Countries Export The Most Christmas Decorations?

Which Countries Export The Most Christmas Decorations?

Christmas decorations are a global business, with supply chains that stretch across continents well

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Q3 GDP Unexpectedly Surges To 2 Year High On Soaring Health Insurance Spending

Q3 GDP Unexpectedly Surges To 2 Year High On Soaring Health Insurance Spending

By now, Q3 GDP - which should have been reported almost two months ago - is ancient history but it s

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Core Durable Goods Orders Rise For 7th Straight Month

Core Durable Goods Orders Rise For 7th Straight Month

While admittedly extremely lagging, the preliminary OCTOBER durable goods orders print was a big dis

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Despite Headwinds: Airlines On Track For A Record Year

Despite Headwinds: Airlines On Track For A Record Year

The global airline industry is on track to hit new revenue and profit records in 2025 and 2026.As St

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23 US States Are At High Risk Of (Or In) Recession Currently

23 US States Are At High Risk Of (Or In) Recession Currently

U.S. GDP is made up of many smaller, distinct state economies fueling national growth.In 2025, state

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Carney names ex-Blackrock executive Mark Wiseman as new US ambassador

Mark Wiseman takes on the challenge as Canada works to reset its strained relations with the US while preparing for a review of the current trade deal.

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The US Economy Is Stronger After One Year Of The Trump Administration

The US Economy Is Stronger After One Year Of The Trump Administration

One year into Donald Trumps new presidency, the verdict from the data is clear: The same analysts an

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The $117 Trillion World Economy In One Giant Visualization

The $117 Trillion World Economy In One Giant Visualization

Americas $30.6 trillion economy is greater than China, Germany, and Japan combined, with real GDP se

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Japan hikes interest rate to highest level since 1995 as inflation bites

It comes as new PM Sanae Takaichi is keen for inflation to fall but also needs low government borrowing costs.

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Trust these numbers? Economists see a lot of flaws in delayed CPI report showing downward inflation

Thursday saw the release of a much lighter-than-expected inflation report for November, and economists are already questioning its significance.

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Bank of England cuts interest rates, in welcome Christmas boost for consumers

The Bank of England voted to cut interest rates from 4% to 3.75% in its last monetary policy move of 2025.

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November's inflation report is the first to be released after the shutdown. Here's what to expect

November's CPI report is expected to show the annual inflation rate at 3.1%, according to economists polled by Dow Jones.

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Will The US Hit A Deflationary Wall Or Will The Fed Inflate Again In 2026?

Will The US Hit A Deflationary Wall Or Will The Fed Inflate Again In 2026?

In a system dominated by Keynesian economics the word “deflation” is considered taboo; like saying D

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A Collapse In Germany's Chemical Sector Is A Bad Omen

A Collapse In Germany's Chemical Sector Is A Bad Omen

Historically, the chemical industry has proven to be an excellent early indicator of severe economic

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The case for more Fed rate cuts could rest on a 'systematic overcount' of jobs numbers

There are indications that policymakers will be more inclined to cut further if the labor market stays weak.

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The case for more Fed rate cuts could rest on a 'systemic overcount' of jobs numbers

There are indications that policymakers will be more inclined to cut further if the labor market stays weak.

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Trump administration's new quarters feature pilgrims, ditching civil rights theme

Special quarter-dollar coin designs for the U.S.' 250th birthday feature pilgrims and former presidents rather than previously floated civil rights themes.

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