Bitcoin prices surged past $100,000 in December, setting a new record. Experts believe Bitcoin could double and reach $200,000 by 2025. Donald Trump's pro-crypto stance helped boost confidence in the cryptocurrency market after his election win in November.
Natural gas prices dropped on Tuesday during the European session. February delivery futures were priced at $3.77 per million BTUs. This was a decrease of 4.32%.
Singapore's economy grew by 4% in 2024, better than the earlier forecast of 3.5%. Prime Minister Lawrence Wong said this strong growth will help Singapore face global challenges in 2025. Real incomes in Singapore are expected to rise faster than inflation due to the strong economy.
Stock Market Dips: Stocks fell slightly on the last trading day S&P 500 Performance: Despite the dip, the S&P 500 saw a second straight year of Key Drivers: Growth was fueled b Daily Changes: S&P 500: Nasdaq: Dow Jones: Droppe
A big problem happened in the crypto market, causing a "bubble" to burst. MicroStrategy, a big software company, lost over 36% of its stock value since November. The drop happened because the company keeps buying a lot of Bitcoin. Their strategy of holding so much Bitcoin is risky
TOP 5 STOCKS TO CONSIDER FOR 2025 AMID LOWER RETURNS AND HIGHER UNCERTAINTY US stocks had strong performance in 2024 but face increasing uncertainty for 2025. Analysts predict moderating returns and higher volatility in the upcoming year. Goldman Sachs forecasts the S&P 500 to rise 9.6%, closing
French stocks performed poorly in 2024 compared to other major markets. They ended the year with losses, unlike most European and US markets, which saw strong double-digit growth. Political upheaval in France contributed to this underperformance.
Mary Daly, President of the Federal Reserve Bank of San Francisco, said cryptocurrencies are not the same as gold. She highlighted that people often compare cryptocurrencies and gold, but they are different. Daly emphasized the need to clearly understand and define cryptocurrencies based on their actual use and value. She
US DOLLAR TO REMAIN STRONG IN 2024 AND 2025: TRUMP FACTOR AND FEDERAL RESERVE POLICIES SUPPORTING GAINS The US Dollar (USD) is expected to see steady gains in 2024. The potential return of Donald Trump as president in 2025 is boosting investor confidence in a strong USD. The Federal Reserve
SINGAPORE’S ECONOMY TO BEAT 2024 FORECAST, PM WONG SAYS Singapore’s economy outperformed expectations in 2024. The country’s GDP grew by 4%, surpassing the November forecast of 3.5%. The strong performance sets a solid base to navigate a more challenging global environment in the coming year. Prime
HONG KONG EXPORTS AND IMPORTS MISS EXPECTATIONS Actual export growth was 2.1%, below the forecast of 4.1% and previous 3.5%. Actual import growth was 5.7%, exceeding the forecast of 4.9% and previous 4.5%.
OIL PRICES DIP IN THIN TRADE, INVESTORS FOCUS ON CHINA AND U.S. ECONOMIC DATA Oil prices declined on Monday in light holiday trade. Trading volumes were lower as the year-end approaches. Traders are waiting for economic data from China and the U.S. later this week. The data will