What’s Driving the Wartime Stock Rebound
The S&P 500 has recouped all its losses since the Middle East war started on Feb. 28, as a bullish “vibe shift” takes hold among some investors. Source link
The S&P 500 has recouped all its losses since the Middle East war started on Feb. 28, as a bullish “vibe shift” takes hold among some investors. Source link
Russia’s oil and fuel export revenues rebounded in March, recovering from February’s lows as global prices surged amid the Iran war, according to the International Energy Agency (IEA).Russia’s revenues from crude oil and refined products rose in March after falling to their lowest level since the start of the Ukraine conflict in 2022 in February,…
The state, known for making cars, is spending millions to entice drone manufacturers that can bring new business to auto suppliers. Source link
Japanese auto major Nissan on Tuesday said the company is open to explore “options” and may look to work with compatriot Honda for a stronger play in India as the two companies work on strategies to strengthen operations in one of the world’s most high-potential car markets. The statement comes even as the company still…
Oil markets shrugged it off, but the effort to hurt Iran could provoke retaliation that inflicts more damage on energy assets and the global economy. Source link
The Uttar Pradesh government on Tuesday approved an interim hike of around 21% in minimum wages for workers in Gautam Buddh Nagar and Ghaziabad, following large-scale protests by thousands of factory workers in Noida. The fresh minimum wage structure introduced across worker categories, will be taking effect retrospectively from April 1. The agitation, which had…
Investors saw a possible path to peace, with the United States and Iran trading proposals for Iran to suspend nuclear activity. Source link
On the sidelines of the IMF and World Bank spring meetings, Finance Minister Muhammad Aurangzeb said Pakistan remains capable of meeting its debt obligations. (AI image) With its finances severely strained, Pakistan is scrambling for options to replace the $3.5 billion facility from the United Arab Emirates and stabilise its foreign exchange reserves. The country…
In court, China Evergrande Group faced accusations including illegal fundraising through public deposits, fraud, corporate bribery. (AP file photo of Evergrande complex) Hui Ka Yan, the founder of heavily indebted property giant China Evergrande has admitted guilt to multiple offences. These include unlawfully taking public deposits, fraud, and corporate bribery, according to a statement released…
Gold price prediction today: Gold prices may trade range-bound with a bearish bias as a breakthrough in US-Iran peace talks remains elusive, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link