Despite US President Trump’s promise to end the conflict in Ukraine within 24 hours of returning to work in January, the Russian war in Ukraine continues. If Trump successfully mediates a peace agreement, the agreement must address the future of the occupied territories in Ukraine. Last November, US and Russian officials proposed a draft peace […]
Some members of the Bank of Japan’s policy board said at a meeting earlier this month that the country’s real interest rate remains low. Although the authorities raised the benchmark interest rate at the meeting, this suggests that further rate hikes may be on the horizon in the future. According to the minutes of the […]
The US labor market may be shifting from “not so good” to “terrible”. Unfortunately, due to a series of political farces by Washington politicians, we are still mired in a fog of data, so a more precise diagnosis will probably have to wait for some time. The latest data shows that the unemployment rate rose […]
Raphael Bostic, president of the Federal Reserve Bank of Atlanta, said that policymakers should continue to focus on addressing inflation, and he expects high price pressures to persist for most of next year. Bostic also disclosed that at the Fed’s policy meeting on December 9-10, he not only favored keeping interest rates unchanged but also […]
On Monday, US President Donald Trump restated his desire for the United States to control Greenland, after announcing plans to appoint Louisiana Governor Jeff Landry as the island’s special envoy. “We need it to ensure national security,” Trump told reporters at his Mar-a-Lago estate in Florida on Monday. “We must have it. And he wants […]
Goldman Sachs plans to expand its acquisitions and investments in Japan’s booming corporate transaction market by approximately 800 billion yen ($5.1 billion) over the next decade, with a focus on mid-sized enterprises. Yoshiro Ito, managing director of the growth equity and private equity team at the Japanese branch of a Wall Street investment bank, said […]
After long-awaited government data showed that the US underlying inflation rate in November dropped to its lowest point in four years, economists at least agreed on one thing: Something is wrong. A report shows that several long-standing high-inflation categories seem to have almost vanished due to the record-breaking government shutdown. The most significant one is […]
Coinbase Global Inc. has announced its entry into the prediction market and stock trading sectors. The largest cryptocurrency exchange in the United States said on Wednesday that it is beginning to roll out these two services and will open them to all eligible users in the country within the next few weeks. “Coinbase is now […]
The most seasoned investors in Bitcoin are still cashing out – the pressure is starting to show. More than two months after Bitcoin’s price hit a record high of over $126,000, the token has dropped by nearly 30% and is struggling to find support. One reason is that long-term holders are still selling off. The […]
Mark Zuckerberg of Meta Platforms Inc. is expected to significantly cut resources devoted to building the so-called “metaverse”, a project he once regarded as the company’s future and the reason for changing the company’s name from Facebook Inc. to Meta Platforms Inc. According to people familiar with the matter, Microsoft executives are considering cutting the […]