China’s Factory Activity Growth Slows, Caixin PMI Indicates China’s factory activity showed slower growth in December, raising concerns over export orders and the trade outlook Business Beijing, China, Factory Activity, Caixin PMI, Trade Tensions Beijing: So, it looks like China’s factory activity is slowing down a bit. In December, the growth was there, but not … Read more
South Korea Cuts GDP Forecast Following Martial Law Crisis South Korea’s economy faces challenges as growth forecasts are slashed due to political turmoil and global trade uncertainties Politics South Korea, Yoon Suk Yeol, GDP, Martial Law, Economy, Trade Seoul: South Korea is in a bit of a pickle right now. The government just announced a … Read more
China Faces Challenges in Cleaning Up Its Steel Industry China may not meet its goal for cleaner steel production due to economic issues and low demand for new furnace technology Business China, Steel Industry, Pollution, Electric-Arc Furnaces, Real Estate Crisis Beijing: So, it looks like China is going to miss its target for cleaner steel … Read more
Oil Prices Rise as US Stockpiles Show Signs of Decline Oil prices kicked off the new year on a positive note, driven by reports of decreasing US crude stockpiles, signaling potential market shifts. Business Oil, US, Crude Stockpiles, West Texas Intermediate, Brent, Middle East, Ukraine, China Bloomberg: Oil prices are starting the new year on … Read more
Over 13,000 High Street Shops Closed in 2024 Amid Economic Struggles In 2024, over 13,000 high street shops closed, with predictions of more closures in 2025 due to rising costs and economic pressures. Business UK, Retail, Store Closures, Ted Baker, Independent Retailers London: Last year was tough for high street shops, with over 13,000 closing … Read more
Asia Starts New Year on a Cautious Note After 2024’s End Asian markets are set to open the New Year with uncertainty following a rocky finish to 2024 for global investors Business Asia, Markets, 2024, Investors, China, Japan, South Korea Tokyo: Asian stocks are gearing up for a rough start to the New Year. After … Read more
Tesla Cybertruck Fire in Las Vegas Claims One Life, Several Injured A tragic fire involving a Tesla Cybertruck in Las Vegas has left one dead and several others injured, prompting an investigation into the incident. Crime Las Vegas, USA, Tesla, Cybertruck, Explosion, Investigation Las Vegas: A Tesla Cybertruck caught fire outside the Trump Hotel on … Read more
Australian House Prices Experience First Drop in 22 Months For the first time in nearly two years, Australian house prices have fallen as buyers struggle with affordability and increased property supply Business Australia, Sydney, Melbourne, Perth, Adelaide, CoreLogic Sydney: So, it looks like Australian house prices have finally taken a dip after 22 months of … Read more
10 Stocks Retail Investors Craved in 2024 for Big Gains Retail investors saw impressive returns in 2024, driven by tech stocks and a strong market appetite, despite some uncertainties ahead. Business Retail Investors, Tech Stocks, Nvidia, Tesla, Market Trends, 2024 New York: Retail investors had a fantastic year in 2024, sticking with big tech names … Read more
A Year of Two Halves: Global Financial Markets in 2024 In 2024, global markets saw growth despite challenges, with tech stocks leading the way and bond markets facing uncertainty. Business Global Markets, Nvidia, US Economy, Tech Stocks, Bitcoin, Inflation, Elon Musk, London, Paris, Frankfurt New York: So, 2024 was quite the rollercoaster for global financial … Read more