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Thailand to extend production timeframe for battery EVs
Market Updates

Thailand to extend production timeframe for battery EVs

Thailand will extend a production timeframe for battery electric vehicles (BEV) and offer incentives for hybrid EVs to support the industry in Southeast Asia's automobile hub, its Board of Investment...

  • December 04, 2024 01:32 AM PST
  • EODHD
Russia strongly backs Syrian leadership, says rebels are getting support from outside
Market Updates

Russia strongly backs Syrian leadership, says rebels are getting support from outside

Russia said on Wednesday that it strongly backs the actions of the Syrian leadership to counter an offensive by what it said were terrorist groups receiving support, including drones and training, fro...

  • December 04, 2024 12:59 AM PST
  • EODHD
Germany's service sector contracts for first time in nine months, PMI shows
Market Updates

Germany's service sector contracts for first time in nine months, PMI shows

Germany's service sector contracted in November for the first time in nine months as demand conditions continued to deteriorate, a survey showed on Wednesday.

  • December 04, 2024 12:59 AM PST
  • EODHD
Exclusive: World Food Program’s troubles in Sudan hurt hunger relief, alienated donors - internal report
Market Updates

Exclusive: World Food Program’s troubles in Sudan hurt hunger relief, alienated donors - internal report

Serious problems in the United Nations World Food Program’s response to the Sudan crisis are hampering the organization’s ability to alleviate hunger in the war-torn country and damaging its reputatio...

  • December 04, 2024 12:50 AM PST
  • EODHD
Is the US economy too strong for a rate cut?
Forex

Is the US economy too strong for a rate cut?

The Federal Reserve is having its last meeting of the year on the 17th of December. The market is now expecting another rate cut, but with economic growth outperforming expectations and inflation showing signs of resistance, the Fed may reconsider its decision. The US economy has been exceptional, but with geopolitical uncertainty along with the […]

  • December 04, 2024 12:44 AM PST
  • Invezz
Can China accept GDP growth below 5%? People’s Daily says yes
Forex

Can China accept GDP growth below 5%? People’s Daily says yes

China is shifting its focus from rigid GDP growth targets to more sustainable and qualitative economic improvements, according to an editorial in the state-run People’s Daily newspaper. In a shift from its usual emphasis on achieving specific growth rates, the government indicated that a pace of economic growth below 5% is now acceptable. This move […]

  • December 04, 2024 12:26 AM PST
  • Invezz
Gunman shoots at Sikh leader outside India's Golden Temple; no one harmed
Market Updates

Gunman shoots at Sikh leader outside India's Golden Temple; no one harmed

A gunman shot at a prominent Sikh politician outside the Golden Temple in northern India on Wednesday before police caught and arrested him, in a scare at the popular site that witnessed a bloody clas...

  • December 04, 2024 12:24 AM PST
  • EODHD
South Africa continue quest for World Test Championship final place
Market Updates

South Africa continue quest for World Test Championship final place

South Africa's push for a place in the World Test Championship final continues on Thursday when they host Sri Lanka at St George's Park, where victory would be a giant step towards the decider at Lord...

  • December 04, 2024 12:23 AM PST
  • EODHD
Spain's service sector grows at slowest pace since Jan, PMI shows
Market Updates

Spain's service sector grows at slowest pace since Jan, PMI shows

Spain's services sector grew last month but at the slowest pace since January, a survey showed on Wednesday, as the country's deadliest floods in modern history took a toll.

  • December 04, 2024 12:21 AM PST
  • EODHD
Monero price prediction: here’s why XMR could surge soon
Market Analysis

Monero price prediction: here’s why XMR could surge soon

Monero price made a strong bullish breakout after spending over three years in a deep consolidation between $125 and $180. The XMR token soared to a high of $217, its highest level since May 2022. It has jumped by over 97% from its lowest point this year. Why Monero price has bounced back Monero is […]

  • December 04, 2024 12:21 AM PST
  • Invezz