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Global Market: AI trade faces biggest test yet as chip stocks tumble across AsiaAsian AI stocks tumbled as rising bond yields, higher financing costs, and concerns over excessive infrastructure spending weakened investo...- Tencent sells dollar, dim sum bonds amid AI spending spreeTencent Holdings is selling US dollar and offshore Chinese yuan, or dim sum, bonds in a deal that could raise at least $4.5 billion as the ...
- Dollar holds near 18-month high as geopolitical risks riseThe US dollar index remains at a steady 102.56, influenced by a holiday impacting some markets. Tensions escalate amid fresh assaults on en...
- Rupee stages stunning ₹1 comeback against dollar: What’s the RBI’s 4-step shock therapy and how long can it last?The Indian rupee gained against the US dollar after the Reserve Bank of India announced several intervention measures. These actions aimed ...
- Global Market: South Korean shares fall nearly 2% as Middle East tensions weigh on sentimentSouth Korean shares fell nearly 2% on Monday as renewed Middle East attacks heightened concerns over global energy supplies. Foreign invest...
- Dollar stays near 18-month high as Mideast conflict, inflation data in focusThe dollar's steadiness reflects a cautious market responding to geopolitical stresses in the Middle East, which have dampened investor con...
- Pressure on rupee may continue after temporary gains on RBI actions, say economistsThe Reserve Bank of India has implemented emergency measures to stabilize the rupee, which is facing strong global pressure. Analysts indic...
- RBI’s sell-buy swaps slow rupee’s fall but push up forward premiums, making hedging costlier for foreign investorsThe Reserve Bank of India is engaged in dollar sell-buy swaps to stabilise the rupee's value. However, this has resulted in higher forward ...
- Global Market: Yuan strengthens as dollar retreats; China pushes back against undervaluation claimsThe Chinese yuan strengthened against the US dollar as the greenback retreated from an 18-month high. Beijing defended its currency policy ...
- India's 10-year yield hits Dec 2023 peak as US debt rout, oil spike hurtThe Indian government bond market is feeling the heat from escalating US Treasury yields and climbing oil prices. Crude oil has surged, fue...
- Tencent mulls $5 billion bond sale to push AI ambitions: Bloomberg NewsTencent is exploring the possibility of raising as much as $5 billion through an offshore bond sale this month. This potential move comes o...
- Global Market: European stocks slide as oil surge revives inflation concernsEuropean shares fell as banks hit over three-month lows amid rising bond yields and oil prices. Investors worried persistent inflation coul...
- India’s BPCL plans $3 billion bond sale to fund Brazil oil betBharat Petroleum Corp. plans to raise up to $3 billion through international bonds, mainly funding its $2.8 billion contribution to Brazil’...
- When every number is a risk, the watchlist matters more than the buy list: 5 mid-cap stocks with upside potential of up to 26%There are times when the market forgives a weak quarter, and there are times when it does not. We are now in the second kind of market. The...
- Stealth frigate INS Trishul takes part in bilateral naval exercise 'Varuna' in FranceThe Indian Navy's stealth frigate INS Trishul has taken part in the flagship bilateral naval exercise 'Varuna' in France. The move aims to ...
- Global Market: Yuan heads for seventh straight quarterly gains as exporters boost dollar salesChina’s yuan strengthened against the dollar, heading for its seventh straight quarterly gain, supported by exporter dollar selling, strong...
- Global Market: Prediction markets expand into Wall Street territory, raising oversight concernsPrediction markets are expanding into US stocks, indexes and corporate events, with Polymarket and Kalshi driving growth. The trend raises ...
- Dollar hold near two-month peak as yields rise, Fed data loomsThe dollar remained stable near a two-month peak while traders closely monitored upcoming US economic reports. Oil prices experienced a sli...
- Rupee slips toward 96 vs US dollar as crude, yields and stocks weigh on currencyThe rupee weakened 0.2% to 95.9825 against the dollar, pressured by surging crude oil prices, US bond yields and a sharp equity sell-off. R...
- Siemens Gamesa produced 6 recyclable wind turbine blades in Aalborg in 2021. 5 years later, the technology helped advance circular design for offshore wind power worldwideSiemens Gamesa built six 81-meter recyclable wind turbine blades in Aalborg in 2021. They looked like ordinary blades, but the material ins...
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