Topic: finance

China’s Industrial Profit Growth Slows to 15.1% in June Amid Declining Oil Prices

07/26/2026, 07:31 PM decline finance ai

China's industrial profits showed a significant increase in June, but the growth rate has slowed for the second consecutive month, raising concerns about the sustainability of the recovery amid easing energy prices.

Singapore’s Monetary Authority Tightens Policy Amid Rising Oil Prices and Inflation Risks

07/26/2026, 05:31 PM economy announcement finance

Singapore's recent monetary policy tightening reflects a proactive approach to counter rising oil prices, which could pose inflation risks despite current subdued domestic inflation levels. This move is significant for investors as it indicates the central bank's focus on maintaining price stability amid external pressures.

Experts Advise on Effective Use of Cryptocurrency for Portfolio Diversification

07/25/2026, 07:32 AM business research finance

Recent findings indicate that nearly half of cryptocurrency investors view digital assets primarily as a means of diversifying their portfolios, marking a shift in perception as crypto becomes more integrated into traditional investment strategies.

Analysis: Emerging Coalition of AI Skeptics Poses Political Challenge for President Trump

07/25/2026, 05:32 AM politics research ai finance

A coalition of religious leaders, labor unions, and local activists is emerging to express concerns about artificial intelligence and its economic implications, posing a significant political challenge for Donald Trump as he navigates the upcoming midterm elections.

Tesla (TSLA) Experiences Worst Weekly Decline Since 2022, While SpaceX (SPACE) Stock Continues to Fall Ahead of Starship Test Flight

07/24/2026, 01:36 PM economy review finance auto

Elon Musk faced significant financial setbacks this week as Tesla shares fell 18%, marking their worst weekly decline since 2022, while SpaceX's stock also dropped ahead of a crucial rocket test flight, collectively erasing about $130 billion from his wealth.

Rising Treasury Yields Drive Up Consumer Interest Rates Amid Economic Pressures

07/24/2026, 11:37 AM business forecast finance

Recent increases in 10-year U.S. Treasury yields are driving up borrowing costs for consumers, particularly impacting mortgage rates, which are now at their highest levels since 2025. This trend could hinder consumer spending and homeownership as affordability pressures mount.

South Korean President Lee Jae Myung Cites Japan’s Real Estate Crash to Advocate for Domestic Housing Reforms

07/24/2026, 12:36 AM business announcement finance

South Korean President Lee Jae Myung's comparison of the country's real estate market to Japan's 1990s property crash raises concerns about potential economic stagnation, prompting discussions on tax revisions aimed at stabilizing the housing sector.

International Community Rejects Trump’s New Tariffs as 'Arbitrary' and 'Unjustified'

07/23/2026, 11:36 PM announcement finance

The Trump administration's new tariffs on 60 economies have sparked widespread international backlash, highlighting growing tensions in global trade relations. This move could have significant implications for U.S. imports and investor sentiment in affected markets.

Japan’s Core Inflation Rises to 1.6% in June Amid Higher Oil Prices

07/23/2026, 05:36 PM forecast finance

Japan's core inflation rose to 1.6% in June, marking the first increase since March, driven by higher oil prices and impacting the broader economy. This development is significant as it may influence the Bank of Japan's monetary policy amid rising costs and a weak yen.

IBM CEO Arvind Krishna Addresses Investor Concerns Over AI’s Impact on Software Unit Amid Disappointing Q2 Results

07/23/2026, 12:37 PM economy review software finance

IBM's CEO Arvind Krishna reassured investors that only 2% of the company's software is at risk of being replaced by AI, following disappointing quarterly results that saw a significant drop in mainframe and transaction processing revenue.