Author: Admin

The USD/CHF advanced on Friday, registering a modest 0.07% gain, trading at 0.8010. During the week, the pair finished with losses of over 1.49%, triggered by a drop in US yields on Wednesday, as the US Treasury tries to cap elevated yields on the 30-year bond.USD/CHF Price Forecast: Technical OutlookUSD/CHF price action shows some “sort” of consolidation, capped by the 50- and 100-day Simple Moving Averages (SMAs) at 0.8086 and 0.7976. Momentum shifted downwards as seen in the Relative Strength Index (RSI). Even though price action could’ve opened the door for a “mean reversion” trade after the sudden drop, the RSI…

The Aussie Dollar finished the week with gains of over 0.82% on Friday and up more than 1.20% for the week as the US Dollar tumbled following the US Treasury Department’s announcement of a bond buyback for the long end of the curve. The AUD/USD trades at 0.7170, after rebounding near 0.7067.AUD/USD Price Forecast: Technical OutlookAUD/USD price action indicates that the uptrend resumed after the pair reclaimed the 100-day Simple Moving Average (SMA) at 0.7969. In addition, a breakout above the June 4 daily high of 0.7149 opened the door for further gains.The Relative Strength Index (RSI) indicates bullish momentum.…

Après quatre ans de procédure, la perspective d’un procès se rapproche pour Jacques Bouthier, ancien magnat des assurances, accusé de traite d’êtres humains et de viols sur mineure. Selon une information révélée ce vendredi par « Le Parisien », le parquet de Paris a finalement rendu, le 10 août, son réquisitoire définitif sur ce scandale.Dans un document d’une soixantaine de pages, le ministère public sollicite le renvoi, devant la cour criminelle départementale, de l’homme qui figure parmi les plus grandes fortunes françaises. Quatre complices présumés, dont son épouse, sont également concernés. Le juge d’instruction est désormais tenu de se prononcer sur l’organisation d’un…

President Donald Trump on Friday morning said the United States will allow up to 300,000 metric tons of product for ground beef to be imported over the next three months without being subject to out-of-quota tariffs.Trump also said, “We have a commitment that this beef will be sold at 25 percent below current market prices.” Trump will formally sign an executive order on the tariff waiver for beef trimmings imports within the next two weeks, according to the White House.The president’s Truth Social post announcing the move did not say which companies had made those commitments, which he said came…

Over the last 12 months, developer Caswell & Dainow have seen a 50% increase in enquiries, the majority from homeowners interested in selling parts of their garden off for development.Co-founding director Adam Dainow says: “In the cost-of-living crisis people are looking at ways they can release large sums of cash to help out.”But not everyone agrees that selling off some of your land, while appealing in the short-term, will have little or no impact on the value of your home when you come to sell up. Try 6 free issues of MoneyWeek today Get unparalleled financial insight, analysis and expert…

Even BYD, China’s leading EV maker, is struggling with the sheer number of competing models. (Photo by Shizuka Tanabe)SHIZUKA TANABEAugust 22, 2026 07:30 JSTGUANGZHOU — On a single day last month, at least eight Chinese automakers — from big names like Great Wall Motor to such smaller players as Leapmotor Technology — unveiled new models. Six showed off new or revamped electric vehicles or other new energy vehicles.

Hyundai Motor is considering expanding production capacity at its Georgia assembly plant from 500,000 vehicles annually to between 700,000 and 800,000 units by 2028, CEO José Muñoz told CNBC on Thursday. The South Korean automaker said following publication of the interview that the plans are under consideration but not yet confirmed. At the upper end of that range, the Georgia Metaplant would leapfrog rivals — among them Tesla and Toyota Motor — to claim the top spot among U.S. vehicle assembly plants measured by capacity. Muñoz said President Donald Trump’s tariffs, including a 15% levy on imports from South Korea,…

Bitcoin is surging again. The cryptocurrency climbed above $78,200 on Friday for the first time since May. But it wasn’t the only crypto asset posting big gains. Hyperliquid, the decentralized perpetual futures exchange, reached a record $75, leaving its HYPE token up over 195% so far this year, according to CoinGecko. Hyperliquid’s gains have drawn market share that might otherwise have flowed into Bitcoin, according to Ish Asad, a research analyst at crypto index fund manager Bitwise Investments. “If Hyperliquid and perpetual futures weren’t so popular, people would just be buying spot Bitcoin,” Asad told Fortune. Hyperliquid, which lets users…

Nearly there! A verification email is on its way to you. Please check your spam or junk folder just in case. If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: subscriptions@pei.group.

A person holds a PopMart Labubu The Monsters Big into Energy Series Vinyl Plush dolls during a press preview at an AliExpress pop-up store in London, Britain, Nov. 11, 2025. Isabel Infantes | ReutersShares of Pop Mart fell over 4% in Hong Kong on Friday after the Labubu maker reported first-half results that showed declining sales in Asia-Pacific and the Americas.For the period ended in June 30, the toy maker reported a 23.8% year-over-year rise in first-half revenue to 17.17 billion yuan ($2.55 billion). But the growth was unequal: in Asia Pacific ex-China it fell 9.7%, and dropped 16.5% in…