What’s driving the surge in iron ore prices?
Iron ore prices experienced a significant surge on Friday on the Singapore Exchange, reaching nearly $109 per ton. This price point marks the highest level observed for iron ore since October…
Economy
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Top 5 growth stocks to watch in 2025 as market momentum builds
While concerns about a potential US recession persist, growth stocks have continued to outperform value stocks in 2024. Investors remain optimistic that the Federal Reserve’s expected interest rate cuts will…
Trump and Musk slash federal workforce as mass layoffs hit US government
Thousands of US federal employees are facing job cuts as President Donald Trump and his top adviser, Elon Musk, push forward with a sweeping downsizing of the government. The latest…
Where does the Modi and Musk meeting leave Starlink’s India plans?
During his US visit, Indian Prime Minister Narendra Modi met with SpaceX and Tesla CEO Elon Musk to explore expanding technological collaboration between India and the United States. :Prime Minister…
US retail sales and manufacturing output decline in January: here’s why
The US economy faced a dual setback in January, with both retail sales and manufacturing output recording declines. Retail sales posted their largest drop in nearly two years, while manufacturing…
Brazil may impose tariffs on US goods as Trump’s steel duties escalate tensions
Brazilian President Luiz Inácio Lula da Silva has hinted at possible retaliatory measures against US President Donald Trump’s newly imposed steel tariffs, marking a significant escalation in trade tensions between…
US refiners brace for disruption as tariffs threaten Canadian and Mexican crude supply
US refiners may be forced to find alternative crude oil sources and could face challenges in maintaining optimal refinery operations due to potential tariffs on Canadian and Mexican crude oil,…
USD/JPY forecast: What next for USD vs yen exchange rate?
The USD/JPY exchange rate has retreated in the past few days as the market focuses on the next actions by the Federal Reserve and Bank of Japan (BoJ). It retreated…
India’s market cap falls below $4 trillion: what’s behind the slump?
India’s stock market has suffered its steepest decline in over a year, with total market capitalisation slipping below $4 trillion for the first time since December 2023. A combination of…
India, US aim for $500B trade ties as Trump pushes for tariff talks
India and the US are charting an ambitious course to more than double their bilateral trade to $500 billion by 2030, a move that could reshape economic ties between the…