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US stocks today: S&P 500 and Nasdaq hit record closing highs as US and Iran agree to extend ceasefireThe S&P 500 and Nasdaq hit record closing highs as hopes of a US Iran ceasefire extension boosted sentiment. Investors also digested US inf...- AI rally: SK Hynix, Micron Technology join trillion-dollar club; Taiwan bourse overtakes India in market valueThe AI boom is fueling a surge in chipmakers like SK Hynix, Samsung, and Micron, pushing them into the $1 trillion market-cap club. This gl...
- BIS and banks build blockchain cross-border payments prototypeGlobal financial institutions are set to test a new digital system for cross-border payments. This project, involving major banks and centr...
- Hong Kong overtakes Switzerland as world's top cross-border wealth hub on China ties, report showsHong Kong has surpassed Switzerland as the world's top global booking center for cross-border wealth, reaching $2.95 trillion. This shift i...
- Why is gold price down today? Check latest gold rate projections for JuneGold rate today: Elevated crude oil prices can accelerate inflation and keep interest rates higher for longer. While gold is seen as a hedg...
- Why are oil prices crashing down today, and will Brent and US WTI crude futures continue to decline or move upwards again? Oil market reacts to US-Iran peace deal hopesWhy are oil prices crashing down today, and will Brent and US WTI crude futures continue to decline or move upwards again? Oil prices dropp...
- Goldman says central banks want more gold for their reservesIn a bid to bolster reserves, central banks are poised to increase their gold purchases, potentially reviving gold prices as we approach th...
- US stocks today: US stocks fall as higher yields threaten AI-led rallyWall Street declined as rising Treasury yields and inflation concerns tied to the Middle East conflict weighed on sentiment. Tech stocks le...
- US Stock Market: US health insurers post best quarterly performance since pandemic eraU.S. health insurers posted strong first-quarter earnings, easing concerns over rising medical costs and claims pressures. Major players be...
- The Executive Centre leases 465,000 sq ft in Bengaluru, Hyderabad, and ChennaiThe Executive Centre (TEC) has significantly expanded its footprint by leasing 465,000 sq ft across Bengaluru, Hyderabad, and Chennai, addi...
- Cerebras to raise IPO price range to $150-$160 as demand surgesCerebras Systems plans to increase its IPO size and price. Demand for its artificial intelligence chips is surging. The company is consider...
- Why did oil prices crash today? $920 million crude oil short placed 70 minutes before US-Iran 14-point deal report — was someone trading on inside information?Oil prices crash today: Nearly $920 million in crude oil shorts entered the market just 70 minutes before reports claimed the US and Iran w...
- AI chipmaker Cerebras is said to target up to $4 billion in IPOAI chipmaker Cerebras Systems is preparing for a massive initial public offering. The company aims to raise up to four billion dollars, val...
- Global Markets | European equities log steep weekly losses with no resolution to MidEast conflictEuropean stocks saw a significant weekly drop Friday. Investors are concerned about growth and inflation due to Middle East conflict disrup...
- Global Market Today: Asian stocks drop as Iran talks stall, oil gainsAsian equities opened lower as US-Iran talks showed little progress in de-escalating the Middle East conflict, keeping the Strait of Hormuz...
- Luxury in India is no longer defined by Delhi, Mumbai or BengaluruIndia's luxury market is expanding beyond traditional metro hubs as wealth and consumer exposure grow. Luxury consumption is converging nat...
- Lloyds pilots AI investment guidance tool as UK regulator studies impactLloyds Banking Group is the first UK lender to pilot an AI tool for investment guidance. This initiative aims to help customers navigate in...
- A $176 billion reality check for Europe’s luxury brands as Middle East tensions hit shoppersA distant war is impacting global luxury sales. Europe's top luxury firms have lost billions in market value. The Middle East, a key growth...
- Mumbai’s skyline is soaring. So is the pressure on housingMumbai's booming real estate market sees global financial giants occupying luxury towers while low-income residents like taxi driver Ramu V...
- Chinese chipmaker YMTC plans new factories amid heightened US-Sino trade tensions, sources sayChina has been keen to wean itself from foreign technologies such as semiconductors - a critical sector that the U.S. has sought to limit C...
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