FTSE 100 Index: Set to crash after BoE despite Rolls-Royce share price gains
The FTSE 100 Index is doing well this year, despite the UK economy facing stagflation, high interest rates, and a risky doom loop. It has jumped by over 20% from…
Samsung, SK and Hyundai launch major youth hiring drive in South Korea
South Korea’s biggest conglomerates — Samsung Group, SK Group and Hyundai Motor Group — have unveiled large-scale hiring commitments aimed at easing the country’s worsening youth employment crisis. Together, the…
Palantir deepens UK presence with new defence deal and AI investment
Palantir Technologies Inc. is deepening its presence in the United Kingdom with a commitment to invest £1.5 billion by 2030 and a major contract with the Ministry of Defence. The…
What next for the expensive Rheinmetall share price?
Rheinmetall share price has pulled back in the past few days as investors reflect on the recent buyout of NVL, a top warship company. It was trading at €1,905, a…
SEC approves crypto ETF listing standards, XRP ETFs in focus
The United States Securities and Exchange Commission (SEC) has approved new listing standards for crypto exchange-traded funds (ETFs), a decision expected to reshape the digital asset market. The rule change…
South Korea’s $350 billion US investment pledge faces new strain after immigration raid
South Korea’s multi-billion-dollar investment pledge to the United States has entered a tense phase, as negotiations continue in Washington following an unprecedented immigration raid that raised concerns over the treatment…
UK inflation steady at 3.8% in August as Bank of England faces policy test
UK inflation remained unchanged at 3.8% in August, according to data from the Office for National Statistics (ONS). The figures, released on Wednesday, highlight how higher food, restaurant, and hotel…
Europe markets open in green ahead of Fed decision: FTSE 100, STOXX 600 rise
Europe’s markets opened today with a quiet sense of hope but plenty of cautious eyes watching. Investors are holding their breath ahead of the big US Federal Reserve announcement expected…
Money, power, AI: what Trump’s UK visit is all about
State visits to the UK do not happen often. And although this is Trump’s second UK visit this year alone, it appears that the stakes are high for the US…
China bans Nvidia AI chips in escalating tech rivalry: here’s what it means
China has banned its major tech firms from buying Nvidia’s AI chips, tightening its grip on sensitive technology imports amid rising tensions with the US.Nvidia’s advanced products, including the RTX…