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Oil prices fell by approximately 1% on Monday during volatile trading, following weak economic data from the United States and Germany. The decline ended a five-day rally that had pushed prices to 12-week highs, driven earlier by a softer U.S.
U.S. stocks surged on Monday, rebounding from last week’s declines as gains in semiconductor stocks led the rally. The Dow Jones Industrial Average rose 351 points, or 0.8%, while the S&P 500 advanced nearly 1.3%. The Nasdaq Composite climbed 1.8%,
The Republic of Korea’s foreign reserves saw a slight increase in December compared to the previous month but recorded their lowest year-end level in five years, according to data released by the Bank of Korea (BOK). The central bank reported
Recent investigations have revealed that Credit Suisse, now part of UBS, maintained nearly 100 accounts linked to Nazis and Nazi-affiliated individuals, with some remaining active until as recently as 2020. The findings, initially reported by the Wall Street Journal and
Microsoft has announced plans to invest $80 billion in AI-enabled data centers during its current fiscal year, which ends in June 2025. More than half of this investment is allocated to the United States, reinforcing the company’s focus on strengthening
Asian markets displayed mixed performance on Thursday as trading resumed after the New Year holiday, with Chinese stocks leading losses amid weaker manufacturing data. Meanwhile, Singapore reported accelerated economic growth for 2024, signaling resilience despite regional uncertainties. China’s Caixin/S&P Global
Oil prices surged in the first trading session of 2025, marking the highest levels since October, as U.S. crude stockpiles registered another decline and technical indicators pointed to stronger short-term demand. West Texas Intermediate (WTI) rose 2%, closing above $73
The U.S. dollar index surged to its highest level in more than two years on Thursday, reflecting investor optimism about the U.S. economy and expectations surrounding the return of Donald Trump to the White House later this month. The index,
Egypt’s food industry exports surged to approximately $5.5 billion in the first 11 months of 2024, reflecting a 17% increase from the $4.7 billion recorded during the same period in 2023. This $813 million rise represents the highest export value
Bitcoin is expected to reach new all-time highs in 2025, with multiple forecasts predicting the cryptocurrency could double in value, surpassing $200,000. Following a strong 150% rally in 2024, analysts and industry executives anticipate that favorable regulatory developments and increased