March 28 – Elon Musk’s artificial intelligence company, xAI, has officially acquired X, the social media platform formerly known as Twitter, in a strategic deal that values the platform at $33 billion. This acquisition is expected to further integrate AI-driven advancements within X while also allowing xAI’s value to be shared with its co-investors. A Move … Read more
ISTANBUL, March 19 – Turkey’s financial markets faced a significant downturn on Wednesday following the arrest of Ekrem Imamoglu, the mayor of Istanbul and a key opposition figure. The Turkish lira plunged as much as 12.7%, reaching an all-time low of 42 to the U.S. dollar before recovering slightly to 38.90 later in the day. … Read more
NEW YORK, March 14 – The U.S. stock market has been on a rollercoaster ride in recent weeks, with sharp declines fueled by ongoing trade policy uncertainties and economic concerns. Investors are now shifting their focus to the Federal Reserve’s upcoming meeting, hoping for signals on potential interest rate adjustments that could bring some stability. … Read more
NEW YORK, March 10 – Investor sentiment has taken a dramatic turn as concerns over the economic impact of ongoing trade tariffs drive a widespread sell-off in equities. The uncertainty surrounding President Donald Trump’s policy decisions, particularly in relation to tariffs against major trading partners such as China, Mexico, and Canada, has led to a … Read more
OTTAWA, March 7 – In a bid to strengthen its economy and support businesses facing trade challenges, Canada has introduced a C$5 billion initiative aimed at helping exporters explore new markets. This move comes as part of a broader strategy to protect Canadian industries from economic disruptions caused by evolving trade policies. Aiding Canadian Businesses … Read more
GDANSK/TOKYO, Feb 28 – Global stock markets experienced a sharp downturn on Friday, reaching their lowest levels in six weeks as concerns over impending U.S. tariffs rattled investor confidence. The U.S. dollar remained firm, hovering near multi-week highs, while fears of an escalating trade war reignited worries about the global economic outlook. Technology stocks bore … Read more
FEBRUARY 21 – Wall Street’s major stock indexes were poised for a mixed open on Friday, following a sharp decline in the previous session. Market sentiment remained fragile as investors assessed economic conditions, corporate earnings, and regulatory developments. The drop in Walmart’s stock on Thursday, combined with ongoing concerns about tariffs and Federal Reserve policies, … Read more
NEW YORK, Feb 14 – U.S. stock index futures took a breather on Friday morning as investors remained cautious ahead of further clarification regarding President Donald Trump’s proposed reciprocal tariff strategy. Following a strong rally in recent sessions, all three major stock indexes were poised for substantial weekly gains. On Thursday, Trump directed his economic … Read more
JAN 31 – U.S. stock index futures moved higher in premarket trading on Friday, fueled by optimism over Apple’s latest earnings and forward guidance. Meanwhile, investors remained focused on key inflation data set to be released later in the day, which could provide further clarity on the Federal Reserve’s monetary policy direction. Apple Inc. (AAPL) … Read more
LONDON/SINGAPORE, Jan 20 – The dollar showed signs of softening, while global stocks maintained cautious upward momentum on Monday as financial markets prepared for a wave of policy announcements from Donald Trump’s second-term presidency. Investors are also watching for a potential rate hike in Japan later this week, adding to market anticipation. As Trump prepares … Read more