Jeff Bezos, the billionaire founder of Amazon and one of the world’s wealthiest individuals, has revealed plans to sell up to 25 million Amazon shares—worth approximately $4.75 billion—over the next two years. The announcement was made in a recent filing with the U.S. Securities and Exchange Commission (SEC), outlining a pre-arranged trading plan that will…
Global stock markets surged on Friday, buoyed by fresh signals that trade negotiations between the United States and China may soon resume — a development that eased fears of a prolonged trade war and boosted investor confidence. The rally came despite disappointing earnings from tech giants Apple and Amazon, which had initially rattled markets. Apple’s…
In a surprising shift, U.S. officials have reportedly reached out to their Chinese counterparts in an effort to open discussions over the mounting tariff war that has shaken global markets and disrupted supply chains. According to Yuyuan Tantian, a Chinese media outlet affiliated with state broadcaster CCTV, Washington is now “proactively” seeking dialogue with Beijing…
Japanese stocks climbed on Thursday after the Bank of Japan (BoJ) kept its key interest rate unchanged, offering some stability in a region marked by global economic uncertainty and trade policy shifts. The gains came during thin trading, as many Asian markets — including Hong Kong and mainland China — were closed for the May…
The U.S. economy contracted for the first time in three years during the opening quarter of 2025, as a surge in imports and rising prices disrupted momentum, signaling fresh uncertainty amid growing trade tensions. According to the Bureau of Economic Analysis, the gross domestic product (GDP) declined at an annualized rate of 0.3% in Q1…
In a bold move aligning with surging user demand, Bunq, the second-largest neobank in the European Union, has officially entered the crypto trading space. The Dutch-based digital bank has teamed up with U.S. crypto exchange Kraken to launch Bunq Crypto, a new feature that allows users to trade over 300 cryptocurrencies — including heavyweights like…
Germany’s economy managed to sidestep a recession in the first quarter of the year, buoyed by a rebound in consumer spending and increased investment. According to preliminary data released Wednesday by the federal statistics office, Germany’s GDP rose by 0.2% compared to the previous quarter, aligning with economists’ expectations. This slight uptick follows a 0.2%…
Stock markets in Asia opened the midweek trading session on a muted note, struggling to mirror Wall Street’s recent rally. The lackluster start came as fresh economic data revealed that China’s manufacturing sector contracted in April at its sharpest pace in nearly two years—a clear signal that the ripple effects of the ongoing US-China trade…
The UK government has released its long-anticipated draft legislation to regulate cryptocurrencies such as Bitcoin and Ethereum, signaling a major step toward integrating digital assets into the country’s formal financial system. In a statement issued Tuesday, the UK finance ministry said the proposed rules aim to bring crypto exchanges, brokers, and service providers into the…
Crude oil prices continued their downward trend on Tuesday, pressured by growing fears that the ongoing trade war between the United States and China could dampen global economic growth and energy demand. As of 06:35 GMT, Brent crude futures fell by 51 cents, or 0.8%, to $65.35 per barrel, while U.S. West Texas Intermediate (WTI)…
