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MARKET OVERREACTION TO LABOR DATA
Agility Robotics heads to Wall Street in a $2.5 billion bet on staffing warehouses with humanoidsAgility Robotics, an AI-driven humanoid robotics for warehouse operations, plans to go public with a remarkable $2.5 billion valuation. Thi...
India among top AI-ready nations, one of world's least concentrated equity markets: J.P. MorganIndia has emerged as one of the top countries in artificial intelligence (AI) readiness, trailing only the U.S. and China, while remaining ...
Quote of the day by father of economics Adam Smith: ‘Civil government, so far as it is instituted for the security of property, is in reality…’ – Warning about wealth, power, and societyAdam Smith, the father of modern economics, questioned who governments truly serve. While known for free markets, his writings reveal a dee...
Quote of the Day by Angela Duckworth: “I learned a lesson I’d never forget. The lesson was that...” — the powerful Grit lesson that shows why resilience, emotional control, and perseverance often matter more than talent when setbacks test a person's path to successQuote of the Day: Most people remember their failures far longer than their successes. But a powerful lesson from Grit suggests that what h...
India, Taiwan ETFs see record outflows before Asia stock reboundUS-listed ETFs tracking India and Taiwan saw record outflows in March amid currency weakness, rising yields and energy concerns. Despite th...
India to witness rapid data centre growth fueled by favourable demographics: Goldman SachsThe report, titled Outlook for Data Centers in Asia, states that data centre demand is expected to grow at a 20% compound annual growth rat...
Ceasefire, Inflation, Elections: 5 themes driving global markets this week
Iran-Israel conflict puts UAE, Saudi Arabia's foreign workers under strainA protracted conflict in the Gulf is jeopardizing billions in remittances, vital for families across Asia and Africa. Migrant workers, like...
Gold rebounds from one-week low as Iran cites progress in peace talksGold prices surged over 1% as easing U.S.-Iran tensions and falling crude oil prices reduced inflation and interest rate hike fears. While ...
Proverb of the day: ‘Make of a fly an elephant’ - a funny image on perspective and overreactionEver blown a minor issue out of proportion? A French proverb, 'Make of a fly an elephant,' warns against this common tendency to exaggerate...
US stocks: US market's indexes advance with boost from chips, Iran optimismU.S. stock indexes rose Thursday, led by semiconductor shares and easing inflation fears, despite anticipated Federal Reserve interest rate...
Federal regulators back Trump's plan to speed power to energy-hungry AI data centersFederal regulators are speeding up power grid connections for big energy users like AI data centers. This move aims to boost America's comp...
US stocks: US market advances as Iran deal optimism offsets hawkish Fed; Intel soarsWall Street's major indexes saw gains on Thursday, with technology shares spearheading the advance. Optimism surrounding a potential Middle...
US weekly jobless claims fall amid low layoffsInitial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 226,000 for the week ended June 13, the Labor Departm...
Australia says net migration down as far-right popularity surgesAustralia's immigration levels fell last year, official data showed on Thursday, as its centre-left government seeks to combat an ascendent...
US Stock Market: Analysts see inflation driving Fed's hawkish shift under WarshThe Federal Reserve held interest rates steady, signaling potential future hikes due to persistent inflation concerns. Policymakers' update...
Global Market Today: Asian shares gain as US-Iran deal takes effectUS stock futures rose as President Trump signed an interim deal to end the Iran war and reopen the Strait of Hormuz, easing energy concerns...
AI will lead to labour shortages, Jeff Bezos says in optimistic talkBezos put forward a rosy vision of how technology will help humanity, speaking about projects including his space venture Blue Origin and h...
Raghuram Rajan's warning to India after Hormuz shock: Build bigger oil reserves, diversify fasterGlobal economic shocks from trade disruptions and geopolitical tensions are reshaping resilience, according to Raghuram Rajan. He stresses ...
Markets likely to move beyond geopolitics, focus to shift to earnings: Devina MehraDevina Mehra believes geopolitical deals like a potential Iran-US agreement won't drive Indian equities, with earnings and liquidity being ...