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Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say

November 13, 2024 by admin

Many market watchers predicted a bearish year ahead for crude.

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China’s state-owned tobacco behemoth is booming, defying global trends and anti-smoking efforts

November 12, 2024 by admin

Powered by “the biggest tobacco company most people have never heard of,” China is bucking global smoking trends as cigarette sales surge in the country.

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Over $2.8 billion bet on bitcoin topping $90,000 as it hits all-time high

November 10, 2024 by admin

Bitcoin hit a new record high as futures premiums soared, in a clear sign that investors believe the record-run will continue.

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‘#EndtheFed’: Elon Musk endorses plan to let presidents meddle with Federal Reserve after Trump election win

November 9, 2024 by admin

During his first term as president, Donald Trump was not shy about publicly disparaging Federal Reserve Chair Jerome Powell and his policy decisions.

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Tesla hits $1 trillion market cap as stock rallies after Trump win

November 8, 2024 by admin

Shares of Tesla climbed in afternoon trading Friday, pushing the electric vehicle maker’s market cap past $1 trillion.

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China expected to announce highly anticipated fiscal stimulus package

November 8, 2024 by admin

Authorities in Beijing have ramped up stimulus announcements since late September in an effort to bolster its flagging economy.

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Trump win and threat of more tariffs raises expectations for more China stimulus

November 7, 2024 by admin

Donald Trump’s presidential win has raised the bar for Beijing’s fiscal stimulus plans, expected Friday.

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Bitcoin surges to $75,000, a new record, as traders bet Trump has election edge

November 6, 2024 by admin

Crypto assets rose as investors monitored the results of the U.S. presidential election.

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What the stock market typically does after the U.S. election, according to history

November 4, 2024 by admin

Stocks typically rise after a presidential election, but investors need to be prepared for some short-term choppiness first, history shows.

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China gears up for a big week as markets await U.S. elections and stimulus details

November 3, 2024 by admin

The size of China’s highly anticipated stimulus plans will likely depend on the outcome of the U.S. presidential election, analysts say.

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