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India’s economy grew by 5.4% in the second fiscal quarter ending September, marking its slowest pace in nearly two years. This figure fell well below expectations, with economists forecasting 6.5% growth and the Reserve Bank of India (RBI) predicting a ...

The euro held firm against the US dollar on Tuesday, brushing off tariff threats from President-elect Donald Trump targeting imports from Canada and Mexico. Despite an initial dip, the euro stabilized near 1.05 during early Asian trading on Wednesday, reflecting ...

U.S. President-elect Donald Trump’s proposed 25% tariffs on Canadian and Mexican imports could reshape North American trade dynamics, with industry experts warning of significant economic repercussions, particularly for the energy sector.Canadian crude exports to the U.S. reached a record 4.3 ...

Automaker stocks took a hit Tuesday as President-elect Donald Trump announced plans to impose a 25% tariff on imports from Mexico and Canada, shaking investor confidence. This move targets a vital aspect of the auto industry, which has long relied on ...

Singapore’s inflation rate slid to just 1.4% in October, its lowest level since March 2021, surprising markets that had expected a rate of around 1.8%. This figure presented a significant drop from September’s 2% as car prices declined and rent ...

Nvidia’s Q3 performance exceeded even the usual lofty expectations of the company, driven by unrelenting demand for its AI-focused chips. Revenue surged to $35.08 billion, up 94% from a year ago and ahead of the $33.16 billion analysts predicted. Adjusted ...

Brazil and China have taken their partnership to new levels as Presidents Luiz Inacio Lula da Silva and Xi Jinping recently signed nearly 40 trade and development agreements in the Brazilian capital,Brasília. The deals cover technology, trade, and environmental initiatives, ushering ...

UK inflation surged to 2.3% in October, its highest in six months, as rising energy bills led to a jump in consumer prices. This unexpected leap from September’s 1.7% was more than the Bank of England's 2% target and dampened ...

Global olive oil prices, which hit record highs earlier this year, are expected to drop by as much as 50% in the coming months, according to Spain's Deoleo, the world’s largest olive oil producer. This anticipated decline follows a turbulent period ...

Samsung shares rallied over 7% on Monday after announcing a bold and unexpected $7.19 billion share buyback plan. This announcement comes on the heels of a 7.21% jump in Samsung’s stock on Friday, following news of a preliminary agreement with its ...

Chinese e-commerce giant Alibaba saw its net income soar 58% year-on-year in the September quarter, reaching $6.07 billion. This eye-popping growth, largely driven by gains in equity investments and reduced impairments, beat many analysts’ expectations. However, sluggish revenue growth of ...

Chipmaker AMD announced it will lay off 4% of its global staff as it attempts to consolidate its place in the growing AI chip market that is dominated by rival Nvidia. This announcement means that roughly 1000 of the company’s ...

European mining stocks declined steeply this week, mostly because of a surge in the US dollar and lukewarm details from China’s latest stimulus measures. After Donald Trump's victory in the US presidential election, the dollar soared, putting significant pressure on ...

Bayer's shares dropped on Tuesday from 12.12% to €21.46 as the company reported unimpressive third-quarter results. Net sales for Q3 2024 were down at €10.0 billion, compared to €10.3 billion in the same period last year. Performance was mixed across Bayer’s ...

Bitcoin surged to a record near $81,000, driven by a significant increase in investor interest. Analysts are expecting further gains following the U.S. election, which brought in several pro-crypto candidates. Deribit, a prominent crypto futures platform, reported a massive investment ...