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MARKET CRISIS
US 30-year Treasury yield tops 5.6%, reaching highest level since 2002Yields on the 30-year US Treasury bond have risen to levels not seen since 2002. This increase is part of a prolonged selloff in the global...
‘Major food crisis’ looms in coming months: S JaishankarS. Jaishankar highlighted the looming food crisis caused by fertiliser shortages from geopolitical tensions in Ukraine and the Gulf. He emp...
Quote of the day by Irving Fisher: "A chief cause of crises, panics, runs on banks, etc., is that risks are not independently reckoned, but are a mere matter of imitation. A crisis is a time of general and forced liquidation"Economist Irving Fisher warned that investors copying one another can amplify financial risks. Rising optimism can fuel credit and asset pr...
US import ban on Canadian alcohol, other products comes into effectA new US import ban on various Canadian products including alcohol has recently taken effect. This ban follows months of escalating trade t...
Colombia seeks IMF financing as government grapples with fiscal crisis: ReportColombia's government is engaging with the International Monetary Fund to secure financial assistance amid ongoing fiscal challenges. Presi...
Market rout deepens as crude surge, high US yields batter Indian equitiesThe Indian stock markets faced a notable downturn on Monday as fears over escalating oil prices and rising US bond yields loomed large. The...
The US-Iran war is now squeezing two major shipping routes from Strait of Hormuz to the Red Sea — here’s why global trade could feel the impactThe ongoing US-Iran war is affecting vital maritime chokepoints, specifically the Strait of Hormuz and Bab el-Mandeb Strait. Shipping traff...
In 1969, Dick Fuld joined Lehman Brothers and amassed 10.8 million shares. 39 years later, its bankruptcy turned a stake once worth over $900 million into almost nothingBy early 2007, Dick Fuld held 10.8 million shares of Lehman Brothers. With the stock trading above $85, his personal equity stake crossed $...
India has ‘insulated' itself from the 'turbulence' of crude supply shock: Hardeep Singh PuriUnion minister Hardeep Singh Puri said India has so far insulated itself from crude oil and natural gas supply disruptions caused by the We...
'Big Short' investor Michael Burry hates the AI trade, but the bear is bullish on these stocksMichael Burry has taken full positions in five beaten-down stocks: QXO, Sprouts Farmers Market, Build-A-Bear, Birkenstock and MercadoLibre,...
Fed rate hikes: What happens to gold prices when US interest rates rise?Cutting through money jargon, one topic at a time. This week Abhinav Kaul explains why US interest-rate hikes can affect gold prices, and w...
Indian markets struggle to keep pace with global peers amid oil, rupee and geopolitical pressuresForeign Portfolio Investors have withdrawn significant funds from Indian equities, resulting in notable market losses. Meanwhile, domestic ...
EAM Jaishankar at UNGA: Attack on Pakistan, 4F crisis and global wars push world towards ‘abyss’; top quotesS Jaishankar addressed the United Nations General Assembly, urging de-escalation and the protection of civilians. He highlighted the destab...
Nearly 7 billion litres without a market: Ethanol glut in India fuels search for new buyersIndia’s ethanol industry is deluged with severe oversupply, with nearly 7 billion litres of capacity without a clear market. Installed capa...
Market crash near or after retirement: Invested heavily in equities for high returns, but are you ready to withstand a 25% crash?Navigating the unpredictable tides of market fluctuations can be particularly daunting for retirees. This guide delves into balancing equit...
AI boom raises ‘too-big-to-fail’ concerns as ecosystem expands, says Kansas Fed's Jeff SchmidKansas City Federal Reserve President Jeff Schmid has expressed concerns about the interconnectedness of the artificial intelligence indust...
India to continue diesel exports despite US ban threat, says Hardeep Singh Puri amid global fuel crunchIndia's Oil Minister Hardeep Puri reaffirmed the commitment to diesel exports amid potential US restrictions. The global diesel market face...
In 1858, Gundlach Bundschu began a California wine legacy. 168 years later, pandemic fallout, heavy debt and a changing market have pushed the historic winery into bankruptcyGundlach Bundschu Winery, founded in California in 1858, has filed for Chapter 11 bankruptcy protection. The winery seeks to restructure ov...
Dead people, cheaper homes: Taiwan’s housing crisis has buyers knocking on haunted doorsRising property prices in Taiwan are driving buyers toward affordable homes with troubling histories. These properties, known as xiong zhai...
Uday Kotak says India can become current account surplus nation: Asia's richest banker shares one golden formulaUday Kotak emphasized India's heavy dependence on gold imports, estimating a rise to $90 billion by FY27. He highlighted that excluding gol...