Korea’s foreign reserves hit five-year low despite monthly increase
South Korea’s foreign reserves increased slightly in December but fell to their lowest year-end level in five years, reflecting currency volatility, according to the Bank...
Month : January 2025
Major winter storm impacts over 60 million people across the United States
Over 60 million people in the U.S. face severe weather as a winter storm brings snow, ice, and thunderstorms, causing travel delays and emergency declarations...
Credit Suisse investigated for Nazi-linked accounts active until 2022
Senate investigators revealed Credit Suisse maintained Nazi-linked accounts, some active until 2022, raising questions about historical accountability and transparency in banking....
Microsoft to invest $80 billion in AI data centers by June 2025
Microsoft plans to invest $80 billion in AI data centers by June 2025, expanding infrastructure to power AI growth and innovation globally....
India to fully power Andaman and Nicobar Islands with renewable energy
India’s Andaman, Nicobar, and Lakshadweep islands will run entirely on renewable energy, as announced by Home Minister Amit Shah to promote sustainability and clean energy...
Poland takes over EU presidency focusing on security and migration
Poland assumed the EU presidency focusing on security, migration, and border control, launching its term in Warsaw as protests erupted over trade agreements and agricultural...
Emirates launches first Airbus A350 in commercial service from Dubai
Emirates launches its first Airbus A350 in commercial service, operating its inaugural flight from Dubai to Edinburgh and marking the start of a major fleet...
China stocks lead losses in Asia as manufacturing slows and Singapore grows
Asian markets mixed as China stocks drop on weaker manufacturing, while Singapore’s GDP grew 4% in 2024, reflecting economic resilience amid global uncertainties and trade...
Oil prices rise to highest levels since October on tightening US stockpiles
Oil prices surged to multi-month highs as US crude stockpiles fell for the sixth straight week, boosting WTI and Brent amid tightening supplies and bullish...
Strong U.S. growth and Fed policies drive dollar to multi-year highs
The U.S. dollar index hit a two-year high as markets responded to optimism over Donald Trump’s policies and resilient economic performance in 2025....