Xiaomi shares slump to five-month low after fatal EV crash raises safety fears
Shares of Xiaomi Corp dropped as much as 8.7% to HK$47.5 on Monday, hitting their lowest level since April 30, after reports of a fatal crash involving one of its…
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Qualcomm CEO meets India’s PM Modi amid AI boom: here’s what it means
Qualcomm CEO Cristiano Amon met with Indian Prime Minister Narendra Modi on Saturday, as the Asian country looks to ride the wave of the global AI boom.The meeting, which came…
Weekly wrap: Trump missing Nobel Peace Prize, UK PM’s India visit, AMD-OpenAI deal and more
From a new US-China trade flare-up to an unexpected Nobel twist, this week was packed with major global headlines.President Trump slapped a 100% tariff on Chinese imports, Venezuela’s María Corina…
What to expect from US homebuilder stocks heading into 2026
US homebuilder stocks remain in focus after an Evercore ISI analyst, Stephen Kim, downgraded six of them, citing near-term headwinds despite the sector posting robust profitability and capital returns.According to…
Crypto crash wrap: Bitcoin, Ethereum lead $560B market bloodbath after tariff news
The cryptocurrency market took a wild hit, as President Donald Trump’s sudden announcement of a 100% tariff on Chinese tech imports sparked a massive sell-off. This unexpected move dramatically escalated…
Earnings season preview: what to expect in Q3 earnings
The earnings season will kick off this week and will be the main catalyst for the S&P 500, Nasdaq 100, and the Dow Jones indices as they will provide more…
Wall Street sinks after Trump tariff threats, S&P, Nasdaq, Nvidia and Tesla plunge
US markets fell hard on Friday after President Donald Trump threatened to impose a “massive increase of tariffs on Chinese products,” reigniting investor concerns about a renewed US-China trade conflict.…
US oil and gas rigs decline for first time in six weeks, says Baker Hughes
The number of oil and natural gas rigs, operating in the US fell this week for the first time in six previous weeks, energy services firm Baker Huges said in…
SovEcon raises Russia’s 2025 wheat harvest forecast amid record Siberian yields
SovEcon, a leading agricultural analytics agency, has scaled up its projection for Russia’s 2025 wheat harvest. The revised forecast now stands at 87.8 million metric tons (MMT), a notable rise from…
US digest: markets slide after fresh Trump tariff threat, consumer sentiment slide
US stock markets fell sharply on Friday after President Donald Trump threatened a “massive increase of tariffs on Chinese products,” accusing China of “becoming very hostile” with its restrictions on…