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Posted 04/07/2023

China Restricts Key Chipmaking Metal Exports in Tech War with U.S.

China will impose export curbs on two critical metals used in the manufacturing of...

Posted 30/06/2023

US Weekly Jobless Claims Unexpectedly Fall as Economy Gains Strength

New claims for U.S. unemployment benefits surprisingly decreased last week, indicating sustained labor market...

Posted 30/06/2023

US 1Q23 GDP Revised Up to 2% from 1.3% in First Report

The U.S. economy recorded a much stronger-than-reported growth in the first quarter of this...

Posted 28/06/2023

US Consumer Confidence in June Hit Highest Level in More Than a Year

US consumer confidence reached its highest level since early 2022 in June as optimistic...

Posted 26/06/2023

Surging Default Rates and Bankruptcy in US from High Interest Rates

A series of rate hikes by the U.S. central bank has been putting more...

Posted 22/06/2023

U.S. Fed Chair Powell Expects More Rate Hikes to Bring Down Inflation

The U.S. Federal Reserve Chairman Jerome Powell on Wednesday said that further interest rate...

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