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A sharp downturn in global commodity prices is heightening fears of an economic slowdown, with the S&P GSCI index — which tracks major energy, metals, and agricultural commodities — falling over 8% since April 2. This comes in the wake of ...

Apple has slipped behind Microsoft in the position as the world’s most valuable public company, as intensifying fears over U.S. tariffs sent Apple shares tumbling 23% over the past four trading sessions. By Tuesday’s close, Microsoft’s market cap had climbed to ...

OPEC+ has surprised markets by accelerating its oil production increases at a time when global forecasts are becoming increasingly bearish. Eight of the group’s key producers, including Saudi Arabia, Russia, and the UAE, agreed to raise output by 411,000 barrels per ...

Global stocks took a steep dive on Monday, rattled by escalating tariff battles between the US and China. European indices suffered heavy losses, with Germany's Dax plunging 9% and London's FTSE down nearly 5%. Asia bore the brunt even more severely: ...

The euro is appreciating rapidly, approaching its highest level since November 2024, after US President Donald Trump introduced sweeping tariffs that shook currency and bond markets. By early Thursday morning, the euro had risen 0.5% to $1.0915 against the US dollar, ...

Global markets were rocked after US President Donald Trump escalated his trade offensive with a sweeping set of new tariffs. The move raised levies on Chinese imports from 20% to a staggering 54%, with Japan and South Korea slapped with 24% ...

As the US-China rivalry intensifies, Malaysia sees a unique opportunity to establish itself as a major hub in artificial intelligence (AI) and semiconductors. Austrian tech firm AT&S recently invested $1.8 billion in its new plant in Kulim, Malaysia. Opened in ...

Europe is gearing up to counter a major wave of tariffs from the United States, promising robust retaliation if necessary. With U.S. President Donald Trump poised to unveil sweeping tariffs on steel, aluminum, and cars on April 2—a day he's ...

The odds of a US recession have jumped as President Trump’s trade war heats up, according to Goldman Sachs. The bank now sees a 35% chance of a downturn within a year—up sharply from its earlier prediction of 20%. Goldman also ...

Copper prices surged to an all-time high this week, with futures in New York touching $5.374 per pound before settling at $5.24—a record close.The 30% rise in copper prices since the start of the year has outpaced gold’s 16% gain ...

Germany has responded sharply to the United States’ planned 25% tariff on imported passenger cars and light commercial vehicles, warning that the move could disrupt global trade and damage key economic sectors on both sides of the Atlantic. Set to take ...

The UK government is set to announce fresh spending cuts in Wednesday’s Spring Statement as Chancellor Rachel Reeves grapples with rising borrowing costs, weakening growth, and a shrinking fiscal buffer. Since the Autumn Budget, bond yields have risen by 20–40 basis ...

Chinese EV heavyweight BYD has outpaced Tesla with a remarkable annual revenue of $107 billion in 2024, achieving a significant 29% growth over the previous year. This surge comes from BYD’s impressive delivery volume of 4.27 million vehicles, which includes fully ...

German software heavyweight SAP has just claimed the crown as Europe’s most valuable publicly traded company, surpassing Danish pharmaceutical giant Novo Nordisk. SAP's share price increased over 1% during morning trading in Frankfurt, further boosting its impressive 40% growth over the ...

Global sportswear brand Nike is bracing for a challenging fourth quarter, projecting a sales drop in the mid-teens percentage range, far worse than Wall Street’s forecast of an 11.4% decline. The sports apparel giant also expects its gross margin to shrink ...