India’s retail demand for gold jewelry has been significantly impacted by the surge in gold prices to new all-time highs since the beginning of the year, the World Gold Council…
Investing
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The cryptocurrency market saw mixed movements on February 21, with Bitcoin (BTC) crossing the $98,000 mark, while Ethereum (ETH) and Solana (SOL) posted modest gains. The total global crypto market…
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Standard Chartered announced a $1.5 billion share buyback on Friday alongside an upgraded earnings target, following an 18% surge in annual profit, Reuters reported. The bank attributed the strong performance…
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Alibaba shares soared in Hong Kong on Friday, climbing as much as 11% after the Chinese tech giant reported robust quarterly earnings. The strong performance was driven by growth in…
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Meta executives are set to receive significantly larger bonuses this year, even as the company implements layoffs affecting 5% of its workforce. According to a corporate filing on Thursday, Meta’s…
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Investing
Asia-Pacific markets mixed as Japan inflation data, Trump tariff threats weigh on sentiment
Asia-Pacific markets traded mixed on Friday as investors reacted to Japan’s inflation hitting a two-year high and weighed the potential impact of renewed tariff threats from US President Donald Trump.…
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Stocks fell on Thursday, but losses were pared after an early sell-off. The major averages remained in negative territory, though they recovered from their session lows. The S&P 500 dropped…
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Franklin Templeton has launched the Franklin Crypto Index ETF (EZPZ), an exchange-traded fund holding both spot Bitcoin and Ether, the asset manager announced on February 20. This marks the second…
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Microsoft announced a significant milestone in quantum computing with the unveiling of its Majorana 1 chip, a development that sent shares of quantum computing companies higher on Thursday. The breakthrough…
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Palantir shares continued to decline on Thursday, extending a sharp sell-off. The stock fell nearly 9%, following Wednesday’s 10% drop, which marked its worst trading day since May. The sell-off…
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Hong Kong-listed Chinese stocks extended their recent rally on Friday, fueled by growing optimism surrounding the nation’s advancements in artificial intelligence and renewed confidence in the market’s overall prospects. The…
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India’s growing role in the global space economy took centre stage as Prime Minister Narendra Modi met with Tesla and SpaceX CEO Elon Musk in Washington. While much of the…
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India’s stock market has suffered its steepest decline in over a year, with total market capitalisation slipping below $4 trillion for the first time since December 2023. A combination of…
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Investing
AI agent tokens outlook: struggle continues as CZ shifts narrative to animal-inspired memes
Digital coins display resilience after the latest United States inflation report, which triggered fear in the financial sector. However, the case differed for AI agent coins, which have suffered significant…
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The FTSE 100 index held steady and reached a new all-time high as the Bank of England (BoE) slashed interest rates and as more constituent companies published their earnings. It…