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China’s yuan fixing rate hits 2-month high as US dollar drops

China’s central bank set the yuan’s daily fixing against the US dollar at its strongest level in more than two…

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New Business

Gold 2.0 or just a fallacy? Crypto can’t chip away at gold’s safe-haven shield: researcher

Cryptocurrencies – including bitcoin and stablecoins – are not an alternative to gold, nor do they pose a threat to…

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New Business

How US dollar doubts, risk of ‘triple whammy’ could give rise to yuan’s renaissance

As the United States faces renewed concern over unsustainable debts and its deficit outlook, ignited by the “One Big Beautiful…

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New Business

Opinion | For central bankers, gold’s safe-haven status has never looked better

Wall Street pundits and investors are schizophrenic about US assets. The dollar weakened after Moody’s cut the United States’ credit…

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New Business

Moody’s downgrade, US debt fears unsettle markets, reviving mini ‘sell America’ trade

Investors faced yet another bumpy start to the trading week with US assets coming under fresh pressure, although it’s mounting…

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New Business

Macroscope | World will need to borrow its way out of Trump’s tariff mess

While US President Donald Trump’s tariff wars might be laughably simplistic in their aim of balancing world trade, there is…

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New Business

US Federal Reserve’s Powell may defy Trump’s pressure and hold interest rates steady

Things are getting awkward for the Federal Reserve. With their eye on inflation, officials are inclined to hold rates steady…

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New Business

Macroscope | Trump’s trade war is giving Europe and China the nudge they need

Investors’ sudden loss of confidence in “American exceptionalism” – the notion that US assets should be valued more highly because…

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New Business

Small US inflation pickup in July will do little to derail the Fed’s rate cut in September

The July jobs report showed US employers substantially scaled back hiring and the unemployment rate rose for a fourth month,…

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