Stay updated with the latest fintech market trends, insights, and analysis. Explore breaking news, market movements, and expert opinions to make informed decisions in the ever-evolving financial technology landscape
Argentina's central bank slashes its benchmark interest rate by 300 basis points to 29% amidst slowing inflation.
Published on: January 31, 2025, 02:01 AM UTC
Tokyo's inflation rate accelerates, supporting the Bank of Japan's decision to raise interest rates. Economic data suggests Japan's moderate recovery continues, with a tight labor market, higher industrial production, and increased retail sales.
Published on: January 31, 2025, 02:01 AM UTC
Vivek Bhutoria, who manages about $2.7 billion in assets across emerging markets, is keeping an eye on two major policy events in India. The federal budget on Saturday could offer measures to boost consumption and stick to fiscal consolidation, while monetary easing by the central bank on Feb. 7 could help stabilize the stock market. India's benchmark NSE Nifty 50 Index has lost more than 11% since an all-time high in late September due to slowing economic growth and an exodus by foreign funds.
Published on: January 31, 2025, 02:00 AM UTC
Yen strengthens with BOJ rate hike expectations; Peso and loonie under pressure ahead of Trump tariffs
Published on: January 31, 2025, 02:00 AM UTC
Comcast's stock fell after reporting a bigger-than-expected drop in broadband customers and stagnant Peacock subscriber growth in Q4.
Published on: January 31, 2025, 01:03 AM UTC
Mortgage rates show little movement despite stock market volatility and housing affordability challenges persist.
Published on: January 31, 2025, 01:03 AM UTC
New GDP report and expected inflation reading may reinforce the Federal Reserve's wait-and-see approach on interest rates despite a surprisingly strong year for the US economy.
Published on: January 31, 2025, 01:03 AM UTC
President Donald Trump threatens widespread tariffs on goods from Mexico, Canada, China in a bid to reshape the U.S. trade policy.
Published on: January 31, 2025, 01:02 AM UTC
UPS Cuts Amazon Deliveries to Drive Profitability, Revenue Outlook Disappoints
Published on: January 31, 2025, 01:02 AM UTC
The Trump administration's trade policies remain uncertain with a self-imposed Feb. 1 deadline for tariffs on Canada, Mexico, and China. Economic observers and world leaders are closely monitoring the situation, with confusion and frustration expressed by leaders in Canada and Mexico. The potential impact on business decisions and the economy remains unclear, with economists predicting a possible recession if tariffs are implemented.
Published on: January 31, 2025, 01:02 AM UTC