Business & Finance
Nikkei closes in red following election of pro-interest rates PM
The new Prime Minister of Japan pledged business-unfriendly policies with the Nikkei immediately replying.
Author
L. R.
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China stock markets rally as Beijing unveils new stimulus measures
Shanghai and Hong Kong had their best month in years. Here are the policy changes proposed by Beijing to solve China’s several economic problems.
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Who is Shigeru Ishiba, Japan’s new Prime Minister
Japan appoints a new Prime Minister as the country faces several internal and external challenges.
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China’s industrial profits plummet as PBOC scrambles a stimulus package
Industrial profits in China fell far more than expected last month, adding to the country’s many economic woes.
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US GDP grows by 3% in Q2 as world’s largest economy powers on
The United States’ economy continues its extraordinary growth as most of the world struggles.
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Altman considering a for-profit restructuring of OpenAI, report says
OpenAI was never a for-profit company, but this all might change as Sam Altman acquires more power on the startup’s board.
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US consumer confidence drops despite low inflation, rate cuts
The US consumer is not confident about the economy despite apparently solid evidence of the opposite.
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Scholz rebukes UniCredit takeover of major German bank
UniCredit’s move to acquire Commerzbank is stirring up the German cabinet.
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How the Fed’s rate cut immediately became political
The Fed’s unusually large rate cut may have a large impact on the US elections outcome.
