The Japanese government confirmed in a revised report that the Japanese economy shrank in the three months ending in September, which to some extent explains the rationality of the economic stimulus plan announced by Prime Minister Saane Takaichi last month. Gross domestic product (GDP) declined by 2.3% at an annual rate in the third […]
After tech giants’ large-scale bond issuance intensified concerns that a bubble was forming in the artificial intelligence industry, Oracle’s credit risk indicator for debt closed at its highest level since the financial crisis. According to ICE Data Services, the cost of protection against Oracle’s debt default, based on credit derivatives prices at the New York […]
As the largest corporate holder of Bitcoin, Strategy is struggling with the decline in the token’s price, and this potential selling risk has also emerged. Strategy holds approximately 60 billion US dollars worth of cryptocurrencies, but has limited cash reserves. As a result, concerns are growing that its digital asset holdings might be sold off, […]
Christopher Waller, a member of the Federal Reserve Board, said that he advocated for a rate cut in December. However, once the Fed starts receiving a large amount of economic data from January, it may decide on rate cuts on a meeting-by-meeting basis. “As far as our dual mandate is concerned, I’m mainly focused on […]
Previously, both of them were absent from the G20 summit this weekend. The Chinese leader cited the anti-fascist alliance between the two countries during World War II and urged both sides to work together to “defend the fruits of victory in World War II”. A few hours after that phone call ended, Trump had […]
President Donald Trump said on Sunday that he has decided on his pick for the next chair of the Federal Reserve and made it clear that he wants his nominee to lower interest rates. “I know who I’m going to pick. That’s right,” Trump told reporters on Air Force One as he returned to Washington, […]
Russian President Vladimir Putin said that the proposal put forward by US President Donald Trump to end the war in Ukraine could serve as the basis for a future agreement, but there is no final version yet. At the same time, he also expressed his willingness to negotiate. Putin said at a press conference after […]
Investors are betting that the Federal Reserve will cut interest rates again at its policy meeting next month, which has dispelled the doubts about the prospects of rate cuts that still existed last week and laid the foundation for the rise in US bonds. Over the past three trading days, the new open interest of […]
According to informed sources, as the search for the new chairperson of the Federal Reserve enters its final weeks, Kevin Hassett, director of the White House National Economic Council, is regarded by President Donald Trump’s advisers and allies as a leading candidate for the position of the next chairperson of the Federal Reserve. Anonymous insiders […]
According to The Information, Meta Platforms Inc. is in talks to spend billions of dollars to purchase Google’s artificial intelligence chips, indicating that the Internet search giant has made progress in creating products to compete with the industry’s best-selling artificial intelligence accelerators. The share price of Nvidia Corporation dropped due to this news. According to […]