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RECORD US PROFITS
US corporate profit margins widen to highest on recordUS corporate profit margins reached a record 19.4% in the second quarter, up from 18.2%, as profits jumped nearly 10%. Strong consumer spen...
Bitcoin consolidates near $79K ahead of US PCE, GDP Data; whales book record $1.2 billion profit in 3 daysBitcoin traded near $79,000 on Wednesday as traders await key US PCE inflation and GDP data. While the broader trend remains bullish, risin...
Decoding gold rally: Why yellow metal surged 15% in one month and should bullion be in your portfolio?Gold has staged a sharp 15% rally in August after a volatile start to the year, supported by renewed ETF inflows, strong central-bank buyin...
Air India seeks $1.5 billion from owners Tata Sons, Singapore Air as losses mount, sources sayAir India is seeking around $1.5 billion in fresh equity from owners Tata Sons and Singapore Airlines to fund its turnaround, according to ...
Global Market: Shein valuation falls 70% from peak as Hong Kong IPO targets $1.77 billionShein launched its Hong Kong IPO at a valuation of up to $27 billion, around 70% below its 2022 peak, as slowing growth, rising costs and r...
Muthoot Finance, Manappuram Finance shares rally up to 11% in 4 days as gold crosses Rs 1.63 lakhGold loan stocks Muthoot Finance, Manappuram Finance and IIFL Finance gained sharply as gold prices climbed on a weaker dollar and liquidit...
Trump vs Michael Burry: US Prez buys shares of Warren Buffett's firm but 'Big Short' investor feels it's not an attractive betDonald Trump bought $1–5 million of Berkshire Hathaway shares in June, even as investor Michael Burry questioned the stock’s future after W...
US refiners face historic stress test as global crisis loomsUS refineries are running near maximum capacity to fill global fuel shortages caused by the Iran war and disruptions in Russia. While this ...
The Hormuz crude volume debate masks the real shortage of refined fuelsThe oil market is focused on disputed estimates of crude flows through the Strait of Hormuz, but Asia’s refined fuel markets show clearer s...
US stocks: US market rebounds, but yield surge sets stage for weekly lossesMajor Wall Street indexes opened higher on Friday after significant declines. The Dow Jones Industrial Average saw a slight increase at the...
Bitcoin jumps 9% in a single day to cross $79K as institutional flows, regulatory optimism fuel crypto rallyBitcoin surged nearly 9% to cross $79,000 as institutional inflows, a sharp short squeeze and regulatory optimism fuelled a broader crypto ...
Samsung Electronics expects shareholder returns up to $80 billion this yearSamsung Electronics anticipates shareholder returns reaching 110 trillion won this year. This includes substantial cash dividends and share...
US stocks: Crypto shares climb after Trump advocates for Clarity ActCryptocurrency stocks experienced a significant uptick following President Trump's appeal to Congress for digital asset legislation. He emp...
Mark Zuckerberg encouraged growth over child safety, ex-Meta executive testifies at trialArturo Bejar, a vocal critic of Meta's safety record, made the allegation during his second day of testimony in a landmark trial over claim...
US stocks: US market rises as yields ease, Moderna lifts healthcare stocksUS stock markets enjoyed a boost as easing bond yields and a spike in Moderna shares contributed to a favorable trading environment. Despit...
US stocks: US market regains ground as bond yields ease; healthcare stocks rallyMajor stock indexes recovered on Wednesday after a prior day's decline. Moderna shares surged significantly following positive cancer thera...
Estee Lauder bets on fragrances and skincare to deliver strong annual profitEstee Lauder projects robust annual profits that are set to surpass Wall Street's expectations. The company's growth is heavily fueled by l...
Samsung hikes chipmaking prices by up to 15% on demand spikeDemand from Chinese customers has been particularly strong, but Samsung has been unable to meet all orders because it must serve US custome...
In 1970, a scientist released an album of whale songs that became a global hit and helped change public views on whalingAn album of humpback whale songs released in 1970 became a significant environmental work. These structured whale sounds were identified as...
Global Market: German companies turn cautious on new US investments amid tariff risksGerman companies sharply cut investments in the US in the first half of 2026, with direct investment falling nearly two-thirds from a year ...