Browsing: Business

Japan raised its interest rate to 0.5%, the highest since 2008, citing inflation and wage growth, signaling a shift in the Bank of Japan’s long-standing monetary policy stance.

Amazon announced the closure of seven Quebec warehouses, eliminating 1,700 jobs, amid allegations the move is linked to recent unionization efforts at a Montreal-area facility.

Calamos launches a Bitcoin ETF offering 100% downside protection, combining U.S. Treasuries and Bitcoin-linked options, with capped annual returns, targeting risk-averse investors.

Trade tensions rise as Trump considers tariffs on China and the EU. Canada warns of countermeasures, while China calls for cooperative solutions to trade disputes.

Former US President Donald Trump announces a $500B AI initiative with OpenAI, Softbank, and Oracle, launching the Stargate project to maintain US dominance in technology.

UK wages rose 6% in November, defying expectations, but jobless claims rose. The Bank of England faces mixed signals as it considers interest rate cuts amid economic uncertainty.

Germany’s DAX surpassed 20,000 points, a record high, even as the country’s economy faces recession, job cuts, and political instability, reflecting strong investor confidence in global markets.

The Dow surged 244 points as President Trump’s softer tariff approach reassured investors, with major indices rising on tempered fears over potential trade conflicts.

Bitcoin hit a new record of $109,000 after President Trump launched meme coins and market speculation grew over the incoming administration’s crypto-friendly stance.

Beijing struggles to stabilize the yuan as Trump tariffs and a strong U.S. dollar intensify pressures on China’s economy, raising global concerns about financial and trade stability.