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Indonesia's currency has just hit a shocking milestone.
The Indonesian Rupiah has plunged beyond 18,000 per US Dollar, marking one of the weakest levels in its history. At the same time, Indonesia's stock market has suffered a dramatic decline, reaching its lowest point in nearly five years.
Naturally, investors are asking one important ques...
Talks between Iran and the United States have reached a deadlock as the conflict in Lebanon continues to rage, raising questions about the stability of the global energy market.
Iranian Foreign Minister Abbas Araghchi revealed that no real progress has been made in the negotiation process with the United States on an interim peace agreement. Despit...
The number of Americans filing new claims for unemployment benefits rose more than expected last week to 225,000 for the week ended May 30. However, the overall labor market remained stable with the four-week moving average rising only slightly to 214,750.
While the tech sector has seen a surge in job cuts due to the shift to artificial intelligenc...
Global crude oil prices fell about 3% on Thursday following reports that US President Donald Trump was reluctant to relaunch a full-scale war against Iran. Following this, the WTI futures market fell to $92.64 per barrel while Brent fell to $94.78 per barrel.
A report from The Wall Street Journal revealed that Trump told his aides that the planned ...
Governor Michele Bullock has signaled that a series of interest rate hikes is starting to stabilize the Australian economy, even as inflationary risks continue to loom over the market.
The Reserve Bank of Australia (RBA) has raised interest rates at each of its three meetings this year to a record 4.35 percent. Governor Michele Bullock stressed tha...