Bank of Japan raises interest rates to highest in 17 years, yen jumps
At its two-day meeting that ended, the Bank of Japan increased its short-term policy rate from 0.25% to 0.5%...
Tag : Donald Trump
Hyundai boosts record investment amid incoming ‘Trump 2.0’ challenges
Following a decline in 2024 and falling short of their goals, Hyundai and Kia announced last week that they wanted to increase their combined global sales by 2% to 7.39 million vehicles in 2025...
Non-oil sector to buoy Oman’s GDP growth to 3.1% in 2025
The Sultanate of Oman's sovereign wealth fund, the OIA, released economic projections earlier this week that are in line with this GDP growth estimate at constant prices...
Crypto in 2024: Losses jump to USD 2.2 billion
According to Chainalysis, cryptocurrency hacking associated with North Korea more than doubled in size from a year ago to reach a record high of USD 1.33 billion in 2024...
US Bitcoin Reserve: Here’s what Fed boss has to say about the concept
President-elect Donald Trump plans to establish a strategic reserve of US bitcoin...
Donald Trump’s dollar strategy spurs debate on Africa’s currency future
Donald Trump’s warnings could exacerbate concerns, steering African nations toward the dollar or prompting them to chart an independent course...
Reimagining AI under Trump 2.0
According to Donald Trump's own first-term AI order, federal AI systems must adhere to civil rights, which will necessitate social harm analysis...
Bitcoin surges Past USD 100,000 for the first time
Bitcoin has more than doubled in value this year and has risen over 50% in the four weeks since Donald Trump's significant election victory...
HSBC sees ‘unattractive’ risk reward for Goldman Sachs, Morgan Stanley
Since November 2024, Goldman Sachs and Morgan Stanley have both increased by 14% and 13%, respectively, the day after the US election, when the KBW Bank Index jumped by nearly 10%...
Business Leader of the Week: Hyundai Motor appoints Jose Munoz as Co-CEO amid shift
Jose Munoz used optimised volume and profit management to drive a sales structure that was focused on profitability...