Morning brief: Asia stocks rise, xAI cofounders exit, House tariffs vote looms
Global markets and corporate developments offered a mixed picture on Wednesday as investors balanced resilient Asian equities against political tensions in Washington and mounting corporate upheaval across technology and media…
Experts see more upside for gold, silver due to weak data and falling yields
Gold and silver prices increased on Wednesday as US Treasury bond yields dropped after the release of data showing that retail sales growth had stalled in December. The stalled growth suggested…
US credit card debt hits record high as household borrowing climbs
American consumers ended the year with a new record in credit card borrowing, as balances rose sharply in the final quarter. Data from the Federal Reserve Bank of New York…
Heineken to cut thousands of jobs as beer demand slows and growth cools
Heineken has announced plans to cut up to 6,000 jobs globally as part of a new cost and productivity drive, after reporting solid but moderating profit growth in its 2025…
Is the yen rally signaling a shift in global markets and dollar confidence?
There is one currency making the most headlines and moving markets since the beginning of the year, and it’s not the US dollar. It is the Japanese Yen, which has…
Gold lowers on easing tensions, but rate cut bets, China demand provide floor
Gold prices drifted lower in Asian trade on Tuesday, snapping a two-day positive streak for the precious metal. Experts believe that the market lacked strong follow-through selling, and demand from central…
Morning Brief: Asian stocks rise after Japan election, BYD sues over tariffs
Global markets and corporate developments delivered a mixed set of signals on Tuesday, as investors weighed political shifts in Asia, trade disputes involving major manufacturers, diplomatic tensions between China and…
Ocado share price wedge points to a rebound amid 1,000 layoff rumours
Ocado share price has become one of the worst-performing companies in the UK in the past few years. After peaking at 2,900p in January 2021 to the current 230p, a…
Is the yen rally signaling a shift in global markets and dollar confidence?
There is one currency making the most headlines and moving markets since the beginning of the year, and it’s not the US dollar. It is the Japanese Yen, which has…
Honda warns of tougher year ahead after third quarter profit slide
Honda Motor Co., Ltd has flagged a more challenging financial year ahead after reporting a sharp fall in profit in its consolidated results for the fiscal third quarter ended December…