The U.S. House of Representatives greenlit a stopgap bill to avert a government shutdown, passing 314-108. It now awaits President Joe Biden's approval after the Senate's 77-18 vote. Senate Majority…
As China grapples with the challenges posed by its rapidly aging population, concerns are mounting about the sustainability of the country's retirement system. Additionally, with the population aged 60 and…
China, home to 1.4 billion people and the world's second-largest economy, faces a critical challenge as its population ages and undergoes a significant demographic shift. This transformation poses a threat…
During Thursday's Asian session, WTI trades at $72.70, buoyed by optimistic news. OPEC's positive report predicts robust oil demand growth for 2024 and 2025, projecting a 2.25 million bpd increase…
At the start of the week, global stocks maintained stability, notably with U.S. markets closed for a holiday. However, Chinese equities saw a dip due to the surprising decision by…
JPMorgan Chase faced a 15% dip in quarterly earnings, recording $9.31 billion, or $3.04 per share, attributed to a $2.9 billion fee linked to the government's takeover of failed regional…
In a significant corporate overhaul, Citigroup, led by CEO Jane Fraser, has announced a workforce reduction of 10%, aiming to enhance the bank's performance and stock prices. Approximately 20,000 employees…
In premarket trading on Tuesday, Match Group's (NASDAQ: MTCH) shares surged by 8.3%. This significant increase followed a report from the Wall Street Journal, indicating that Elliott Investment Management, an…
In Asian markets this week, U.S. payrolls and service sector data offer limited inspiration amid economic uncertainties. The S&P 500 and Nasdaq posted their worst weekly showing in months, raising…
In the recent developments on the Tel Aviv Stock Exchange, key indices faced a downturn. The Tel Aviv 35 Index closed down by approximately 0.45%, while the Tel Aviv 125…