Economy

The nomination of Scott Bessent as Treasury Secretary by President-elect Donald Trump marks a significant turning point for the U.S. financial landscape, especially concerning the government bond market. This role is vital not only for shaping economic policy but also for instilling confidence among investors who have expressed increasing anxiety about potential inflation and a
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The financial landscape is in constant flux, with U.S. stocks emerging as a prominent force in the global market, largely driven by unique economic dynamics. This favorable trajectory has roused the interest of investors who are cautiously optimistic about the potential impact of President-elect Donald Trump’s economic policies on the stock market. If these policies—ranging
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The landscape of international business is often fraught with intrigue, but the recent indictment of Gautam Adani, the billionaire chair of Adani Group, in a high-profile bribery case has captured significant attention. U.S. prosecutors have laid out a case accusing Adani, along with several associates, of orchestrating a multibillion-dollar scheme to corruptly secure contracts within
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In a crucial moment for Hong Kong’s economic future, Chinese Vice Premier He Lifeng addressed the Global Financial Leaders’ Investment Summit, announcing significant governmental backing for high-quality Chinese enterprises seeking to list and issue bonds in the city. His remarks come during a period of heightened scrutiny regarding Hong Kong’s status as a key financial
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The currency markets are often a reflection of the geopolitical landscape. Recent volatility in the British pound following the unexpected victory of Donald Trump in the U.S. presidential election serves as a prime example. The pound briefly plummeted to a six-month low, raising concerns about the economic stability in the UK amid changing global dynamics.
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As investors gear up for the trading week ahead, Asian markets brace for potential turbulence triggered by escalating U.S. bond yields and a robust dollar. This unease comes on the heels of a tumultuous Friday on Wall Street, which has ignited doubts regarding the sustainability of local investments across the region. The ripple effects of
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In a bold move reflective of its confidence, ByteDance, the parent company of TikTok, has reportedly valued itself at approximately $300 billion following a recent share buyback offer. This valuation arises amidst significant challenges for TikTok, particularly in the U.S. market, where it faces the persistent threat of a ban driven by national security concerns.
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The relationship between U.S. economic policy and the Federal Reserve’s monetary strategy is a complex web that can have significant impacts on the economy at large. As the nation approaches another crucial period for economic planning, the potential implications of the incoming Trump administration on central bank decisions are under increasing scrutiny. This discourse gained
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