Stocks in South Korea and Taiwan, the center of global chip making, plunged on fears about energy prices. Their recovery shows the bullishness over artificial intelligence. Source link
India has sought to buy Russian crude to avoid supply shortages as Middle East tensions show no sign of abating. (AI image) India is back to stepping up purchases of Russian crude as the ongoing US-Israel-Iran war blocks Strait of Hormuz and crucial oil supplies from the Middle East, according to reports. India imports nearly…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex staged a comeback on Thursday after deep cuts in its last two trading sessions. While Nifty50 rose above 24,600, BSE Sensex was up over 500 points. At 9:17 AM, Nifty50 was trading at 24,642.30, up 162 points or 0.66%. BSE Sensex was at…
Rupee made a comback in the green territory on Thursday as it recovered 51 paise to trade at 91.54 against the US dollar in early trade, after slumping to record low a day earlier. The domestic currency had plunged 56 paise on Wednesday to settle at an all-time low of 92.05 against the dollar, dragged…
The windows of the unfinished Oceanwide Plaza complex in downtown Los Angeles became a canvas for street artists in 2024. A new buyer is promising to complete the project. Source link
Asian stocks inched higher on Thursday, after days of trading in red amid ongoing Middle East tensions. This comes as equities were lifted by a rebound on Wall Street as oil prices paused their recent spike and economic updates painted a more positive picture of the American economy. In South Korea, Kospi hit a pause…
Several of Labor Secretary Lori Chavez-DeRemer’s employees are under investigation for official misconduct under her leadership. Source link
Weeks after Trump’s tariffs were invalidated by the US Supreme Court, the administration has suffered another setback, with a New York federal judge ruling that the companies which paid the now-struck-down duties are entitled to refunds.Judge Richard Eaton of the US Court of International Trade, on Wednesday (local time), announced that “all importers of record”…
The Trump administration is likely to appeal the move, as it ramps up its attempt to slow or potentially block the repayment of billions in past duties. Source link
MUMBAI: As expected, on Wednesday, stocks sold off for the second consecutive session since the war in West Asia started on Saturday, and sank the leading indices to over six-month low levels. With the rupee weakening to a new lifetime low, crude prices hitting more than a year-high level and foreign funds selling aggressively, the…
