UK factories report sharpest contraction in nearly a year, PMI shows
LONDON (Reuters) – British factory activity shrank at the fastest pace in 11 months in December and manufacturers cut staffing levels due to higher taxes and weak foreign demand, a…
2 Days to 10 Seconds: Cyprus to Make Online Transfers Instant
Cyprus is making a significant change in its banking infrastructure, as interbank and cross-border transactions will be completed in just 10 seconds from 9 January 2025, a process that currently…
LiteFinance 20th Anniversary Challenge: Detailed Contest Overview
LiteFinance celebrates 20 years of success! In honor of the anniversary, the company has launched a unique contest with a prize fund exceeding $1,000,000. Let’s take a closer look at…
Gold prices edge up as dollar weakens; Fed’s rate outlook keeps traders cautious
Investing.com– Gold prices rose slightly in Asian trade on Thursday, extending their strong performance from 2024 as a weaker U.S. dollar provided support, while traders remained cautious given the U.S. Federal…
Asia FX marks tepid start to 2025, yuan slips on weak PMI data
Investing.com– Most Asian currencies moved in a flat-to-low range on Thursday as the prospect of slower U.S. interest rate cuts in 2025 kept traders averse to regional markets. The Chinese…
Oil prices rise as US stockpiles shrink, markets assess 2025 outlook
Investing.com– Oil prices were higher in Asian Trade on Thursday after data showed that U.S. oil inventories declined last week, while traders were cautious as they mulled over the outlook…
Oil rises as investors return from holidays, eye China recovery
By Florence Tan SINGAPORE (Reuters) – Oil prices nudged higher on Thursday, the first day of trade for 2025, as investors returning from holidays cautiously eyed a recovery in China’s…
Next nuclear talks between Iran and three European countries due on Jan 13
DUBAI (Reuters) – The next round of nuclear talks between Iran and three European countries will take place on Jan. 13 in Geneva, Iran’s semi-official ISNA news agency cited the…