Economy

In a significant display of recovery, Macau’s casino revenues have surged, recording an impressive 23.9% increase in 2024, bringing the total to 226.8 billion patacas (approximately $28.35 billion). While this growth is commendable, it still falls short of pre-pandemic figures, which reached 292.5 billion patacas in 2019. The sharp increase was announced by the Gaming
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Goldman Sachs, one of the leading financial institutions, recently shared their perspectives regarding critical questions that will shape the U.S. economic outlook for 2025. In this forecast, they cover a range of topics, from GDP growth to inflation trends. One of the most intriguing aspects of Goldman Sachs’ predictions is their optimistic GDP growth forecast,
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Israeli Prime Minister Benjamin Netanyahu recently faced a precarious situation as he attempted to secure the passage of his government’s 2025 budget while recovering from prostate surgery. Defying his doctors’ advice, Netanyahu left his hospital bed to personally appeal to coalition partners who were threatening to disrupt the process. This determination highlights not only his
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As we step into a new week, Asian markets demonstrated restrained movements amid a backdrop of high U.S. Treasury yields, which have implications for both equity valuations in Wall Street and the broader currency market. This article delves into the interplay of economic indicators, investor sentiment, and asset performance, while highlighting the ongoing volatility shaped
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As we transition into January, investors are keenly observing the evolving landscape of the U.S. stock market, particularly after a remarkable performance in 2024. The S&P 500 experienced an impressive increase of approximately 25% by the end of December, while the tech-centric Nasdaq Composite index celebrated crossing the 20,000 mark, soaring over 31%. Such robust
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