- January 17th, 2025
Global markets react to U.S. inflation concerns, rising bond yields, and shifting economic outlook Asian stock markets took a downturn on Wednesday, reflecting a dip in U.S. equities as momentum from the so-called "Trump trade" — the stock market surge...
India’s most anticipated initial public offerings (IPO) of the year, shares of Swiggy, the country's prominent food and grocery delivery company, debuted with a 7.7% increase on Wednesday. The company’s stock opened at 420 rupees ($4.98) per share on the...
In a scenario echoing 2016, the Asia-Pacific Economic Cooperation (APEC) summit in Lima is set to unfold amid a tense geopolitical landscape. Once again, the U.S. President, this time Joe Biden, arrives as a lame-duck Democrat to find his agenda...
President-elect Donald Trump announced on Tuesday the formation of a new advisory group, the “Department of Government Efficiency” (DOGE), to be led by Tesla and SpaceX CEO Elon Musk and former GOP presidential candidate Vivek Ramaswamy. The unique, non-governmental entity...
The U.S. pay-TV landscape, DirecTV announced it will terminate its planned acquisition of Dish Network Corporation if Dish bondholders don’t agree to a critical debt exchange within the next 10 days. The deadline for the deal's survival is fast approaching,...
In financial markets on Wednesday, the U.S. dollar held close to a six-and-a-half-month peak against other major global currencies, buoyed by investors’ anticipation of the economic policies expected under President-elect Donald Trump’s administration. Bitcoin, meanwhile, maintained a strong position just...
Tokyo, Hong Kong, and Sydney see declines as investors brace for key inflation data that could impact Fed policy; regional economic concerns and geopolitical tensions weigh on market sentiment Asian stock markets opened on a downtrend early Wednesday, marking a...
The American home improvement giant, Home Depot (NYSE: HD), is experiencing a substantial slowdown, mirroring a trend across many major U.S. retailers, particularly those in the home goods sector. The Atlanta-based company recently released its third-quarter earnings report for 2024,...
The U.S.-China trade war ignited in 2018, China has been steadily reducing its reliance on American agricultural imports in a strategic pivot to secure food independence. With the potential return of former U.S. President Donald Trump and his plan to...
In a pivotal vote on Tuesday, Louisiana’s GOP-led House of Representatives approved a series of individual and corporate tax cuts, along with a constitutional amendment, all central components of Governor Jeff Landry’s ambitious tax reform package. With an overwhelming 87-12...
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