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CATEGORY

US

Yuan Strengthens 6.7795 Against Dollar

The central parity rate of the Chinese currency renminbi, or the Yuan, weakened eight pips to 6.7795 against the dollar on Monday. This is according...

U.S. Adds Solid 162,000 Jobs in Bright Spot for the Economy

The U.S. added 162,000 jobs in August, the Labor Department reported Friday, a much-stronger-than-expected result that suggested the labor market shook off its early-summer...

Copper Intelligence Advances Exploration, Development After Promising Butembo Drill Results

US-listed explorer, Copper Intelligence Inc., is advancing its copper exploration and development projects in the Democratic Republic of Congo after initial drilling results from...

US Treasury Secretary Bessent Unveils Plan to Sever Iran Access to Global Economy

Treasury Secretary Scott Bessent announced what he called an “unprecedented” US campaign to sever Iran from the global economy, warning that any state doing business with...

State Department of The United States Establishes Task Force To End ‘Birth Tourism’

The State Department of the United States on Tuesday announced it has established a task force to end “birth tourism,” or the practice of...

Dollar Slips As In-line CPI Tempers Rate-hike Bets

The dollar weakened on Wednesday after U.S. consumer price inflation ‌matched economists' expectations in July, easing concerns that a hot reading could reinvigorate expectations...

Wall Street Hedge Funds Targeted in Wave of Attempted Cyberattacks

Hackers launched a wave of sophisticated attacks on Wall Street firms in recent days, targeting information systems at major money managers, Bloomberg reported, citing...

Trump Alleges China Election Interference in 2020, Orders Probe Into ‘Deep State’ Cover-up

US President Donald Trump has ordered an investigation into what he described as an intelligence cover-up involving alleged Chinese interference in the 2020 election,...

Brent Surges 5% as U.S. Strips Iran’s Oil License, Launches Massive Retaliatory Strikes

Global energy markets braced for renewed supply disruption on Tuesday after the Trump administration launched extensive airstrikes against Iranian coastal targets and abruptly revoked...

Warsh Says Inflation Risks Have Come Down, Vows Price Stability

Federal Reserve Chairman Kevin Warsh said price risks have come down in recent weeks, while repeating his determination to bring inflation back to the US central bank’s 2%...

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