China Launches Arctic Shipping Route Amid Middle East Crisis

China has started its first regular shipping service through the Arctic's Northern Sea Route (NSR). This…

Meta Faces $1.4 Trillion Lawsuit Over Child Privacy Issues

Opening statements began on Tuesday in a federal trial in California. Meta Platforms Inc. faces allegations…

Hong Kong’s Dim Sum Bond Market Hits Record Highs

Hong Kong’s dim sum bond market has reached a new milestone. A recent deal from State…

Nikkei Falls 2.5% as Oil Prices and Inflation Worsen

Japan’s Nikkei share average fell 2.5% on Tuesday, August 18, closing at 67,460.73. Concerns over rising…

Vessel Struck in Strait of Hormuz; Crew Member Injured

A vessel passing through the Strait of Hormuz was hit by an unknown projectile on Wednesday.…

Gold Prices Decline as Oil Rises Amid Rate Hike Fears

Gold prices fell on Tuesday, August 18, due to rising oil prices and increasing U.S. Treasury…

UK Wage Growth Slows to 4.1% Amid Cost of Living Squeeze

Wage growth in the UK slowed in June as the ongoing conflict in Iran affected the…

China Cuts US Treasury Holdings to 18-Year Low in June

China reduced its holdings of US Treasuries to $633.4 billion in June. This is the lowest…

Global Stocks Decline Amid Middle East Tensions and Data

Global stocks fell on Monday as tensions in the Middle East continued to shake investor confidence.…

U.S. Navy Awards $23 Billion Contract for Tomahawk Missiles

The U.S. Navy has awarded a $23 billion contract to RTX Corp. to boost production of…