As former President Donald Trump positions himself for another run at the White House, his economic strategy once again has the potential to influence the financial landscape significantly. Trump’s approach to tariffs could have far-reaching effects on corporate earnings, particularly for companies listed on the S&P 500. With sweeping proposals that introduce high tariffs on
Economy
In recent days, Malaysian authorities conducted a series of police raids on charity homes associated with Global Ikhwan Services and Business Holdings (GISB), uncovering a harrowing situation involving hundreds of children and youths. These individuals were rescued amidst allegations of suspected sexual abuse, raising significant concerns about the organization’s operations and its foundations. CIF to
The discussion surrounding the creation of a U.S. Sovereign Wealth Fund (SWF) has evolved into an increasingly significant topic among policymakers, economists, and the public at large. While former President Donald Trump and current President Joe Biden have both expressed interest in establishing such a fund, their proposed approaches differ noticeably. This divergence reflects underlying
As Japan grapples with the dual challenges of a fragile economic recovery and rising living costs, the debate surrounding interest rates has become increasingly urgent. Sanae Takaichi, a prominent figure in the ruling Liberal Democratic Party (LDP) and Japan’s minister responsible for economic security, has voiced strong opposition to altering the country’s extensive monetary policy.
China’s residential property market has been facing significant challenges over the past months, as indicated by the latest statistics detailing the most substantial declines in new home prices experienced in over nine years. The negative trends suggest deeper issues within the sector that even government interventions have failed to remedy effectively. This article aims to
As we approach the weekend, Asian markets are gearing up to close the week with a sense of optimism fueled by favorable movements in Western financial hubs. A notable performance from Wall Street has set the stage for Asian stocks to reflect a promising close, with key indexes positioned to exhibit moderate gains. After a
The recent tech-driven rally on Wall Street has had a positive impact on Asian shares, leading to a bounce in the markets. Investors are optimistic following a surge in tech stocks and are closely monitoring the upcoming policy decisions from central banks around the world. The dollar has strengthened in response to U.S. core inflation
Following the highly anticipated debate between Republican Donald Trump and Democratic Vice President Kamala Harris, Wall Street was left grappling with uncertainty. While both candidates clashed on crucial policy issues such as the economy, immigration, and legal matters, investors were disappointed with the lack of clear direction provided. Despite the combative nature of the debate,
China, being one of the countries with the lowest retirement age in the world, is facing a dilemma with its shrinking working population. In an effort to combat this issue, policymakers have been discussing the possibility of delaying the retirement age in the country. This marks a crucial step in addressing the challenges posed by
Shigeru Ishiba, former Japanese defense minister and candidate in the ruling party’s leadership race, emphasized the importance of achieving a complete exit from deflation in Japan. Ishiba expressed his concerns over the slow recovery of private consumption and highlighted the need for sustainable growth in real wages to combat deflation effectively. He aims to create
The futures tied to Wall Street’s main indexes have shown signs of improvement on Monday after a bleak week. Investor sentiment seems to be shifting towards a more optimistic outlook on the U.S. economy, as they await a crucial inflation report later in the week. Mega-cap stocks, including Tesla, have seen gains in premarket trading,
Recent data on Britain’s labour market from the Recruitment and Employment Confederation and KPMG paints a concerning picture. The survey reveals a notable decrease in job placements, marking the fastest pace in five months. Additionally, the growth in starting pay for permanent staff has slowed down to a five-month low. These trends indicate a cooling