Investors should rule out nothing from the Federal Reserve in 2025 if the newly minted Trump administration uncorks fresh tariffs on China and the European Union. "I think rate hikes are possible. Anything is possible.
The Chinese currency jumped against the US dollar as trade war worries receded, but some fear the gains may be ‘short-lived’.
China's Center For Disease Control and Prevention (CDC) said on Thursday that while the rate of influenza virus in the country has shown signs of slowing, the overall cases of acute respiratory infectious diseases continued to rise.
The dollar steadied against major peers on Thursday, continuing its near paralysis of the past two days before more concrete announcements on tariffs from U.S. President Donald Trump.
President Donald Trump started his second administration with a blitz of policy actions to reorient the U.S. government.
President Donald Trump began his second administration with a blitz of policy actions to reorient U.S. government priorities
President Trump announced 25% tariffs on Canada and Mexico starting Feb. 1. He pushed for drilling in the Arctic and reviews to lower the cost of housing.
The Chinese government is trying to ensure that share prices on its domestic markets will rise by ordering pensions and mutual funds to invest more in domestic stock markets.
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President Donald Trump began his second administration with a blitz of policy actions to reorient U.S. government priorities
The central bank's pledge to increase reserve holdings of the Hong Kong dollar shows a commitment to the city's financial hub status China's central bank chief Pan Gongsheng promised to park more of the country's US$3.