BYD stock price forecast as its European market share gains steam
The BYD stock price has pulled back in the past few weeks as investors remain concerned about its margins and profitability. Its Hong Kong shares dropped to H$124 on Thursday,…
HS2 delay explained: mismanagement and rising costs push project past 2033
The UK’s high-speed rail project HS2 will not meet its scheduled 2033 completion date or stay within budget, Transport Secretary Heidi Alexander told Parliament on Tuesday, citing systemic failures, mismanagement,…
US markets close flat as Fed keeps interest rates unchanged, Dow Jones in red
US markets closed largely unchanged on Wednesday after the US Federal Reserve kept interest rates unchanged. The central bank opted to maintain its benchmark interest rate at its current level,…
Nippon Steel CEO says US golden share in US Steel won’t limit management freedom
Nippon Steel’s CEO stated on Thursday that the US government’s golden share in US Steel will not impede the Japanese steelmaker from taking any management actions it deems appropriate.Confirming the…
Hang Seng index breaks key support as risk-off mood grips markets: what’s next?
Hong Kong stocks tumbled sharply on Thursday as rising geopolitical tensions in the Middle East and the US Federal Reserve’s cautious stance on interest rates triggered a wave of risk…
Switzerland cuts rates to zero: are negative interest rates coming back?
The Switzerland National Bank (SNB) cut interest rates by 25 basis points to 0% on Thursday, deepening its dovish stance amid renewed concerns over deflation and persistent strength in the…
How big is the threat to Visa, Mastercard as Senate passes key stablecoin bill?
Investors have piled into crypto stocks in recent sessions after the US Senate passed the GENIUS Act with a decisive 68-30 vote, marking a significant milestone in stablecoin legislation.What the…
European stocks open lower amid Israel-Iran tensions; oil prices rise
European stock markets opened broadly lower on Thursday, with the regional Stoxx 600 index retreating as investors continued to grapple with heightened geopolitical tensions between Israel and Iran and the…
Top FTSE 100 Index shares forecasts: IAG, BT Group, Rolls-Royce
The FTSE 100 Index has pulled back in the past few weeks after a series of weak UK economic data and as geopolitical risks rose. The index, which tracks the…
Red light for Tesla robotaxis? Texas Democrats urge launch halt
A cohort of Democratic lawmakers from Texas has formally requested that Tesla postpone the highly anticipated launch of its robotaxi service in Austin. The legislators are urging the electric vehicle…