The market capitalization of China’s stock market has reached a historic $38 trillion deficit compared to the United States, marking an alarming gap as losses persist in what seems like an unrelenting equity downturn. Data compiled by Bloomberg reveals the staggering difference, emphasizing the challenges faced by the world’s second-largest economy. Market analysts are closely […]
In a week marked by a resurgent dollar, global investors are revisiting intervention playbooks amid growing concerns over currency stability. Various central banks, particularly in Asia, are taking preemptive measures to ease market anxieties as the greenback strengthens against major currencies, raising fears of potential interventions. Taiwan’s central bank issued an uncommon statement to reassure […]