Crude Oil

Oil Prices Edge Higher Amid Geopolitical Tensions and Shifting Market Dynamics

Oil prices inched upward on Thursday, reflecting renewed supply concerns tied to escalating geopolitical tensions in the ongoing Russia-Ukraine war. The uptick comes as market participants balance shifting global demand, stockpile fluctuations, and production uncertainties. Brent crude futures for January...
Adani

Indian Billionaire Gautam Adani Indicted in U.S. for Alleged Solar Energy Bribery Scheme

Indian billionaire Gautam Adani, one of the world’s wealthiest individuals, has been indicted in the United States on charges of orchestrating a bribery scheme that underpinned a massive solar energy project in India. The indictment, unsealed on Wednesday in Brooklyn...
Nvidia AI chips

Nvidia’s Revenue Forecast Raises Wall Street Concerns Amid Supply Chain Challenges

Nvidia’s revenue forecast on Wednesday rattled Wall Street, sending its stock down 2.5% in after-hours trading. The company projected its slowest revenue growth in seven quarters, raising questions about whether the artificial intelligence (AI) boom that catapulted Nvidia to prominence...
Kioxia Holdings Corp

Bain-Backed Kioxia to Go Public with a Valuation of ¥750 Billion

Kioxia Holdings Corp., the semiconductor giant backed by Bain Capital, is poised to debut on the Tokyo Stock Exchange with a market valuation of approximately 750 billion yen ($4.84 billion), according to two sources familiar with the matter. The anticipated...
Zomato

Zomato CEO Sparks Debate with Unpaid Job Offer Requiring $23,700 “Fee”

Deepinder Goyal, the CEO of Zomato, one of India’s largest food delivery platforms, has sparked widespread debate after announcing a unique job offer for the position of Chief of Staff. In a move that has both intrigued and divided social...
Asian Financial Markets

Asian Markets Remain Cautious as Investors Eye Nvidia Earnings Amid Global Market Jitters

Asian shares remained cautious on Wednesday as investors awaited the highly anticipated earnings report from Nvidia, the world's most valuable semiconductor company and a bellwether for the AI sector. Meanwhile, global markets experienced a mix of volatility and muted optimism...
Asia Stock Markets

Asian Markets Dip Ahead of Nvidia Earnings; Treasury Yields Steady Amid Geopolitical Tensions

Asian markets experienced a mixed session on Wednesday as investors awaited the earnings report from Nvidia Corp., a bellwether for the artificial intelligence-driven tech boom. Treasuries steadied after a rally driven by escalating tensions in Russia’s war with Ukraine. While...
Crude Oil

Oil Prices Edge Up Amid Ukraine War Escalation, Rising Chinese Imports, and Surging U.S. Crude Stocks

Oil prices experienced slight gains on Wednesday, buoyed by an intensification of the Ukraine conflict and increasing crude imports by China, the world’s largest oil importer. However, these price increases were tempered by a significant rise in U.S. crude oil...
Sony Group Corp.

Sony Eyes Acquisition of Kadokawa Corp.: A Strategic Move to Strengthen Entertainment Dominance

Sony Group Corp. is reportedly exploring a potential takeover of Kadokawa Corp., a renowned Japanese publisher and entertainment giant, in what could mark a significant expansion of its intellectual property (IP) portfolio. This move would further solidify Sony’s dominance in...
Bitcoin

Bitcoin Soars Past $94,000 Amid Hopes of Crypto-Friendly Trump Administration

Bitcoin, the largest and most widely recognized cryptocurrency, surged to an all-time high of $94,078, fueled by speculation that former President Donald Trump’s media company is negotiating an acquisition of crypto trading platform Bakkt. The report, combined with optimism about...
Loading posts...

All posts loaded

No more posts