Russia has said it is unwilling to accept a price cap on its oil, with the Kremlin saying it will issue a formal response. This comes as Western countries look to limit Russia's source of funds in the ongoing war...

The Managing Director of the International Monetary Fund, Kristalina Georgieva, has said that the rising inflation and the economic slowdown in China posed a risk to the economic outlook of the entire Asia region. She has also urged policymakers to...

Canada has reported a budget surplus of C$1.72 billion (equivalent to $1.29 billion) during the first six months of the 2022/23 financial year. The increased tax revenues generated this surplus, according to the finance ministry. Canada reports a C$1.72 billion...

The competition regulator in the United Kingdom is investigating whether Broadcom, a US chipmaker, has reduced its competition after acquiring VMware Inc. Broadcom Inc acquired VMware in a $61 billion deal. UK regulators investigate VMware's acquisition by Broadcom The deal...

The main index in Canada's financial market dropped on Thursday to the lowest closing levels in nine days. The drop comes amid a drop in oil and metal prices amid increased fears about the rising interest rates globally. TSX drops...

Several developments that have had a significant impact on the state of the global economy recently took place. The first thing to note is that the world stocks were moving towards a 1% loss on the week, according to data...

The global financial situation continues to suffer following the two years of COVID-19 pandemic, and even now, the damage that was done to the economy is still only being discovered, while the actual recovery is still far in the future....

The increased household and energy prices have brought UK inflation to a 41-year high. The inflation data was released one day before the finance minister, Jeremy Hunt, announced plans for tax increases and spending cuts to tame the price increase....

In October, US producer prices came in lower than expected amid a drop in services for the first time in almost two years. The numbers showed that inflation was slowing down, raising speculations that the Federal Reserve would ease interest...

This Sunday, the UK government announced major impending tax hikes that will hit the entire country, and especially the wealthy, as part of the plan to repair the current economy. The country was left in a bad state following the...

The easing inflation in the United States is leading to wealthy investors jumping back into the market again. However, these investors are still concerned about how long stocks will keep up the uptrend without other factors showing that the consumer...

Environmental activists trouped in their hundreds on Saturday to the Schiphol Airport in Amsterdam to protest against climate change. They wore white overalls and were visibly seen in an area holding private jets at the airport. They also sat in...

True to its recent habit, the US dollar is finishing the week on a firm note.  On the month, though, the greenback has fallen against most of the majors, but sterling, the Canadian dollar, and the Swedish krona.  True to...

The US dollar has firmer against most major and emerging market currencies.  It remains well within its well-worn ranges, which continue to be narrow.  A notable exception today is the yen's weakness.  The US dollar has firmer against most major...

The US dollar is enjoying a firmer bias today, but it remains narrowly mixed on the week.  It is within well-worn ranges.  Of the several themes that investors are focused on, there have not significant fresh developments.  The US dollar...