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Oil Prices Surge After US, Britain Strike Back at Houthi Rebels in Yemen
Oil prices jumped 2% on Friday as the United States (US) and Britain launched air and sea strikes in Yemen against the Houthi militants.
Joe Biden to Send High-Level Delegation to Taiwan After Its Election That Might Anger China
President Joe Biden is set to dispatch an unofficial delegation of former top officials to Taiwan following its presidential election, a move that could further strain the US-China relations.
Joe Biden Extends Suspension of Trump-Era EU Steel, Aluminum Tariffs for 2 Years
President Joe Biden has extended the suspension of tariffs on European Union (EU) steel and aluminum for two more years.
Russia Warns Japan, South Korea Over Moves to Help Ukraine as US Unveils New Military Aid Package for Kyiv
Russia has expressed anger over Japan's move to help Ukraine and South Korea's economic sanctions against Moscow.
Latest News
China and Russia have vowed ever closer economic ties despite disapproval from the West that promised to support Ukraine in its war with Russia.
Cryptocurrency exchange Coinbase has successfully secured registration with France's financial markets regulator, paving the way for the US-based company to offer crypto services in the French market.
JPMorgan Chase is reportedly planning to outsource its local custody business operations in Hong Kong and Taiwan.
The International Monetary Fund (IMF) has approved a $900 million disbursement for Ukraine. Amid the economic challenges intensified by its conflict with Russia, the International Monetary Fund (IMF) has approved a $900 million disbursement for Ukraine as part of an ongoing long-term loan.
The US and China risk a "new Cold War" as economic and trade conflicts escalate, according to an IMF official.
The Biden administration is facing heightened scrutiny for supplying tank shells to Israel without obtaining congressional approval.
Russian President Vladimir Putin has asserted that the economic isolation Russia faces due to international sanctions is even helping the country to transform into a "growth center" in a "new global economy."
Authorities in Israel are currently investigating unusual trading activities that occurred just days before the October 7 Hamas attack.
The United States (US) has issued long-awaited guidance that will limit China's role in electric vehicles (EVs).
Amid signs of an economic slowdown, ING Economics predicts that the US Federal Reserve will cut interest rates six times in 2024.

















