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Global Market Today: Asian stocks advance as selloff in chips easesThe MSCI Asia Pacific Index advanced 0.6%, led by stocks in South Korea. Chip stocks rose with Samsung Electronics Co. and SK Hynix Inc. bo...
Global Market: Asian currencies slide as hot US inflation fuels Fed rate hike bets; won hits two-week lowEmerging Asian currencies weakened as hotter-than-expected US inflation revived Federal Reserve rate hike concerns, boosting the dollar and...
Artificial intelligence may create more jobs than it replaces in India: Piyush GoyalUnion Minister Piyush Goyal announced that artificial intelligence is poised to generate significant job opportunities for the youth of Ind...
Sebi preparing fresh round of reforms in IPO market, short-selling rules: ChairmanSebi is planning comprehensive reforms covering IPO disclosures, SME listings, corporate bond trading, and short-selling rules to ease comp...
Global Market: IMF warns of energy shock, AI correction risks to Asia's growth outlookThe IMF warned that Asia’s economic growth may slow to 4.4% in 2027 amid energy price shocks, Middle East conflict, AI market correction ri...
Global Market: Japan's Nikkei rebounds as chip stocks rise, Topix slips on bank lossesJapan’s Nikkei rebounded 0.61% on Wednesday as chip-related stocks advanced, recovering from the previous session’s decline. Advantest, Tok...
India in talks to host Canada PM Carney as Republic Day chief guest, trade pact in focusIndia is contemplating a visit by Canadian Prime Minister Mark Carney during the Republic Day celebrations in January. Prime Minister Naren...
US, India must deepen cooperation on AI, semiconductors for shared security: Gina RaimondoShe recalled that during an earlier meeting with Prime Minister Narendra Modi, their conversation centred on AI and the potential for India...
Harsh Goenka says Nvidia alone is worth more than India's entire stock market, US chipmaker valued higher than all listed Indian companies combinedIndustrialist Harsh Goenka has shared a comparison showing Nvidia’s $5.5 trillion market capitalisation exceeding the combined $4.4 trillio...
Port of Los Angeles sets September volume record, executive director saysThe Port of Los Angeles achieved a new record for container volume in September with over one million TEUs. This increase is attributed to ...
FM holds talks with global financial leaders in Singapore, pitches for boosting investment in IndiaFinance Minister Nirmala Sitharaman held meetings with global financial leaders in Singapore to encourage investments. Discussions included...
Super Micro contractor pleads guilty in scheme to divert AI servers with Nvidia chips to ChinaIn March, US prosecutors charged Ting-Wei "Willy" Sun and two others associated with Super Micro, including a co-founder, with conspiring t...
SEBI to issue AI, machine learning guidelines for capital markets soon: ChairmanAddressing the second Capital Market Confluence 2026 organised by the Bombay Stock Exchange Brokers' Forum, Pandey said the AI framework wo...
Global trade to grow 4% in 2026, slower than 4.4% in 2025: UNCTADGlobal trade is projected to grow by 4% in 2026, although slower than the previous year. The report indicates higher trade values resulting...
AI drives global goods trade facing Trump tariffs, war headwindsGlobal goods trade is projected to grow significantly this year, driven primarily by demand for artificial intelligence products. Despite t...
Trump names Jay Clayton as White House's AI czar. This is what he thinks about the technologyPresident Donald Trump has appointed Jay Clayton as the leader of the new Super Intelligence Force at the White House. The task force is in...
Trump forms 'Super Intelligence Force' to cement US dominance in next-gen AIIn a post on Truth Social, Trump wrote, "Following the Historic White House Accord on Super Intelligence, where the World's most important ...