Japan’s cabinet on Friday approved a sweeping ¥21.3 trillion ($135.5 billion) stimulus package aimed at bolstering economic growth, easing the burden of rising living costs, and strengthening the country’s defense and diplomatic capabilities. The measures mark the first major policy initiative under Prime Minister Sanae Takaichi, who took office seven…

Global economic developments unfolded across multiple regions on Friday, with US banks altering their support strategy for Argentina, Japan unveiling a sweeping stimulus package, OpenAI expanding its AI infrastructure footprint through a new partnership with Foxconn, and Singapore raising its 2025 economic outlook on stronger-than-expected growth. US banks scale back…

India’s economic activity showed early signs of cooling in November as global trade tensions began to filter into domestic performance, according to flash data from HSBC Holdings Plc. The slowdown reflects how tariff related disruptions in the US are feeding into India’s manufacturing and export environment at a sensitive moment…

Physical gold demand across major Asian markets remained notably weak this week, a direct consequence of pronounced volatility in international gold prices. This instability created a climate of uncertainty that deterred potential buyers, who opted to postpone significant purchases in anticipation of a clearer price direction. Specifically, the sharp fluctuations in spot…

The United States has reversed its hefty tariffs on Brazilian food products, marking a major shift in how the White House is handling trade at a time when food costs continue to squeeze households. The 40% duties, imposed in July to pressure Brazil over actions linked to the prosecution of…

Despite a stronger-than-anticipated increase in US jobs growth for September, the unemployment rate also climbed as more workers entered the labour market seeking employment. With the Federal Reserve recently adopting a more hawkish stance and a lack of key data releases ahead of the December 10 FOMC meeting, market consensus is…

Bridgewater Associates founder Ray Dalio believes artificial intelligence spending has created bubble‑like conditions in financial markets.Yet despite the froth, he cautions investors against rushing to liquidate their holdings.Speaking with CNBC this week, Dalio argued that bubbles do not automatically translate into immediate losses, and that investors should remain disciplined rather…