China's economy will forge ahead amid challenges

A smart container terminal at Tianjin Port in North China’s Tianjin on Jan 17, 2021. [Photo/Xinhua] The international environment has changed radically since the 2008 global financial crisis, which reduced the global economic growth rate from 3.84 percent in 2007 to 1.58 percent in 2008. Although the global economy...

Some Wins For US Labor, But Big Picture Stays Tough

Lauded by President Joe Biden and bolstered by recent triumphs at Starbucks, the US labor movement has had reasons to cheer as attention focuses on upcoming unionization votes at Amazon. But those bright spots do not change an overall picture that is no better than mixed in an economy...

Fed’s Bullard: Part of US economy might be overvalued

In a brief appearance early Thursday, St. Louis Federal Reserve President James Bullard noted that a “part of the US economy might be overvalued.“ Commenting on the US economy on Wednesday. Bullard said, it “will continue to grow above trend this year and next.” Earlier this week, he called...

US to discuss freezing $132bn Russia's gold reserves

Moscow, Mar 24 (IANS): US Treasury Secretary Janet Yellen will meet this week with a bipartisan group of Senators to discuss the opportunity of freezing Russia’s $132 billion in gold reserves, Axios reported. “Secretary Yellen regularly meets with members of Congress to discuss legislation. Additionally, Treasury staff frequently provide...

Frustrated Verstappen bullish about Saudi Arabia recovery

JEDDAH, Saudi Arabia – World champion Max Verstappen hopes to put his season-opening disappointment behind him and show the true potential of his new Red Bull car at the Saudi Arabian Grand Prix. Just days after an enforced retirement, while running second behind Charles Leclerc of Ferrari in the...

Elliott Wave View: EUR/JPY starts new bullish cycle [Video]

EURJPY is close to breaking above the previous high on June 1, 2021 at 134.12. A break above that level should create a bullish sequence from May 2020 low favoring further upside. Near term, cycle from March 7, 2022 low is in progress as a 5 waves impulse Elliott Wave...

South Korea Stock Market May Run Out Of Steam On Thursday

(RTTNews) – The South Korea stock market has tracked higher in back-to-back trading days, advancing almost 50 points or 1.9 percent along the way. The KOSPI now rests just above the 2,735-point plateau although investors may choose to lock in gains on Thursday. The global forecast for the Asian...

MoneyWatch: Russia's stock market to partially reopen Thursday

Yahoo Sports ATP Miami Open: Longshot winner, fade Daniil Medvedev ATP Tour has been highly volatile since the start of the pandemic, so let Pamela Maldonado be your guide to the Miami Open this week. Russian Daniil Medvedev has been on fire, but Pam believes the odds do not...