Author name: Steve

Imagine a world where money moves across borders as easily as sending a text message—where the ups and downs of currency values don’t send shockwaves through your paycheck or your business. That’s the vision global central banks are chasing right now, especially as recent turbulence in major currencies like the US dollar has rattled markets […]

Energy prices in the Eurozone have just experienced their first drop in 18 months, marking a significant shift after a long period of rising costs. This change is catching the attention of consumers, businesses, and policymakers alike because energy prices have been a major driver of inflation and economic uncertainty across Europe. So, what’s behind

U.S. household debt has hit a new record, surpassing $18 trillion in early 2025. This milestone reflects a complex mix of economic factors and changing borrowing patterns that are shaping the financial lives of millions of Americans. At the heart of this surge is student loan debt, which has seen a sharp increase after federal

Canada’s job market has been showing some surprising resilience lately, with employment growth beating what many experts expected. Even as the labor market tightens, meaning fewer available workers relative to job openings, Canada continues to add jobs steadily. Let’s break down what’s happening and why it matters. First off, the numbers tell an interesting story.

The semiconductor industry is witnessing a remarkable surge, and Taiwan’s leading chipmakers are at the heart of this boom. The driving force? Exploding demand for artificial intelligence (AI) chips that power everything from data centers to cutting-edge AI applications. This wave of innovation has propelled Taiwan Semiconductor Manufacturing Company (TSMC) and its peers into record-breaking

Chile’s copper industry has long been the backbone of its economy and a linchpin for global markets, but recent years have seen more than their fair share of turbulence. While headlines in mid-2025 celebrated a strong rebound in production—with May marking the highest monthly output since December 2024—this uptick came after a period where strikes

Southeast Asia’s equity markets have recently experienced a notable rally, fueled largely by signs of a manufacturing rebound across the region. This uptick in equities reflects renewed investor confidence as key manufacturing sectors show resilience despite ongoing global trade uncertainties. The manufacturing sector is often seen as the backbone of Southeast Asia’s economic engine, given

Container freight costs have surged dramatically, with a striking 28% increase month-over-month recently shaking up the global shipping landscape. This jump is not just a random blip but the result of several intertwined factors reshaping how goods move across oceans and borders. First off, let’s talk about capacity. On key trade routes like from the

When it comes to U.S. retail sales, May 2025 delivered a surprising twist that caught many analysts off guard. Despite some signs of softness in certain sectors, the overall picture revealed unexpected strength and resilience in consumer spending. First off, it’s important to understand the numbers behind this surprise. On a seasonally adjusted basis—which accounts

Saudi Arabia’s Public Investment Fund (PIF), the Kingdom’s sovereign wealth fund, has recently made headlines by reporting a **record quarterly return** and reaching a historic milestone of managing over **$1.15 trillion in assets**. This achievement marks a significant step forward in Saudi Arabia’s ambitious economic transformation under its Vision 2030 plan. The PIF’s asset base