The BRICS alliance is making developing countries trust local currencies more than the US dollar. The initiative of the White House to levy sanctions on Russia in 2022 obliged emerging economies to ...

Buffett’s $347B cash pile now stands as an unprecedented force in market dynamics, with Berkshire Hathaway cash reserves reaching levels that could, in many ways, reshape Warren Buffett holdings and ...

US blocks global use of Huawei AI chips in an unprecedented move announced Tuesday. The Bureau of Industry and Security (BIS) issued new guidelines restricting anyone worldwide from using Huawei’s ...

In what could be a major development for the industry’s progression, Nvidia (NVDA) has announced a ‘strategic partnership’ to build AI factories in Saudi Arabia. Indeed, the AI chipmaker announced the ...

The US president, Donald Trump, is currently in Saudi Arabia, busy inking a deal enabling $600B worth of capital inflows to the US. At the same time, Elon Musk was also seen visiting Saudi Arabia and ...

Taking a leaf from the BRICS playbook, several banks, brokers, and financial entities in Europe are receiving requests to accept local currencies and not the US dollar, reported the Luxembourg Times.

US-China trade deal key losses are becoming more and more apparent right now as both nations have just recently announced a rather surprising 90-day tariff reduction agreement. This unexpected ...

The Chinese yuan got a lift in the currency markets after the US-China deal went through on Monday in Geneva. Cross-border payments in the local currency hit a record high as swap lines settled 4.3 ...

Leading investment bank JP Morgan is closely monitoring the de-dollarization initiative kick-started by BRICS to topple the US dollar. After Trump’s ascension to the White House, the DXY index has ...

Eric Trump’s Bitcoin firm, American Bitcoin Corporation, is set to go public through an all-stock merger with Gryphon Digital Mining. The company just announced this crypto miner deal, which ...

Analysts at JP Morgan, a leading financial giant in the space, have predicted new price thresholds for gold. Per the analysts, gold has the power to soar 80% in value, moving to the $6000 price level ...

The cryptocurrency market has faced a slight correction today. Bitcoin (BTC) has dipped to the $102,000 level after testing $105,000 for a couple of days. The global crypto market cap has fallen 3.6% ...