- April 26th, 2025
Volkswagen has unveiled its strategic plan to concentrate on the European market for its upcoming budget-friendly electric vehicle (EV), priced at €20,000 ($21,580). The new model, set to launch in 2027, aims to redefine affordability in the EV sector while...
Malaysia is in talks with semiconductor companies operating in the country to assess the potential impact of U.S. tariffs on chip exports, Trade Minister Tengku Zafrul Aziz revealed in an interview. As the Southeast Asian nation plays a critical role...
India Diversifies Oil Imports as U.S. Sanctions Reshape Global Trade U.S. crude oil exports to India surged to their highest levels in over two years in February, reaching approximately 357,000 barrels per day (bpd), according to ship tracking data from...
Shares of CK Hutchison Holdings Ltd. surged by 12.4% in Hong Kong on Thursday, continuing the momentum from the previous day’s 21.9% rally after the company announced the sale of its Panama Canal stake to BlackRock. The stock climbed to...
Heavy selling in German bunds triggers a global rout; Asian equities buoyed by delayed US tariffs on Mexico and Canada A global bond selloff accelerated in Asia on Thursday, driving Japanese benchmark yields to their highest levels in over a decade. The rout, triggered...
Market Recovers Slightly Following Four-Day Drop Amid Trade Uncertainty and OPEC+ Output Plans Oil prices steadied on Thursday after suffering a sharp decline over the past four trading sessions. Investors responded cautiously to signs that the U.S. may ease tariffs...
Stockholm-Based Fintech Giant Eyes $15 Billion Valuation in New York Listing Klarna Bank AB, the Swedish fintech giant known for its "Buy Now, Pay Later" (BNPL) services, is gearing up for a major public debut in the United States. The...
Global Bond Selloff Spreads as German Spending Plans Shake Markets Japan’s government bond yields have surged to their highest levels in over a decade, reflecting the broader turmoil sweeping global debt markets. The 10-year Japanese government bond (JGB) yield climbed...
Bank of China International Holdings Ltd. (BOCI), the investment banking arm of China's state-owned financial giant, is scaling back its commodities business following a period of extreme price volatility that has shaken management’s confidence in the sector. According to sources...
China is holding firm on its ambitious 5% economic growth target for 2025, even as former U.S. President Donald Trump escalates trade tensions with a fresh wave of tariffs. The annual parliamentary session in Beijing reinforced President Xi Jinping’s determination...
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