Is the US market strong only because of share buybacks?
The share buyback machine in the United States has never been stronger. By late August, companies had already announced more than one trillion dollars in repurchases, the fastest pace on…
Economy
1513 posts
Alibaba rallies on strong earnings and cloud momentum as analysts raise price targets
Alibaba Group shares surged in Hong Kong trading on Monday, boosted by optimism over its cloud business and improving e-commerce operations. The stock jumped as much as 19% to HK$137.50…
‘Partners, not rivals’: As Trump’s tariffs bite, India’s Modi and China’s Xi reset ties
In the glittering port city of Tianjin, against the backdrop of a grand international summit overshadowed by the long shadow of American trade wars, a stunning and historic reversal has…
Gold hits record high but silver poised to outperform amid institutional interest
Gold and silver prices have risen sharply on the first day of September as rate cut hopes fuelled investors’ sentiment on Monday. The December gold contract on COMEX hit a record…
US-Japan trade talks falter over Trump’s rice demand: here’s what we know
Japan-US trade talks just hit a major snag over rice. According to a Nikkei report, the Trump administration is pushing Japan to import more American rice, and Tokyo is not…
Weekly wrap: markets wobble, Trump battles Fed, Nvidia smashes records, Musk faces SEC heat
Wall Street ended the week on a cautious note as markets dipped, tech stocks faltered, and investors braced for fresh inflation data. Beyond the markets, political and corporate drama dominated headlines…
Canada’s economy shrinks more than expected in Q2 as exports slump
Canada’s economy contracted at a sharper pace than forecasted in the second quarter as exports pulled back in the face of US tariffs, Statistics Canada said on Friday.The economy shrank…
EU seeks stricter gas origin rules to cut Russian dependence
The European Union is currently exploring the implementation of more stringent regulations for companies regarding the verification of the origin of their imported gas. This initiative is a core component of…
Evening digest: markets react to Trump spending cut, Musk SEC showdown, Nvidia slump
Tech and finance headlines shook markets on Friday as Trump sparked controversy by cutting $4.9B in spending without Congress’s approval, while Elon Musk battles the SEC again over Twitter stock…
Trump’s tariffs declared illegal by US court: here’s what it means and what’s next
A federal appeals court has ruled most of Donald Trump’s global tariffs illegal, shaking up the future of presidential powers over trade.The Thursday decision from the US Court of Appeals…