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Economy

ASX 200 breaches 9,000 points for the first time: here’s what drove the surge

Australian shares surged past the key 9,000 mark for the first time on Thursday, lifted by financials and a string of upbeat corporate earnings. The S&P/ASX 200 index gained 1.1%…

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Economy

Why is tech at war over AI talent?

The world’s biggest tech companies are tearing up the rulebook in their pursuit of AI. Energy, infrastructure, talent. It’s about who gets there first.What started as a race to build…

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Stock

Festive season fuels revival in Indian gold jewellery market

Gold jewellery demand in India appears to be increasing as the festive and wedding season draws near, World Gold Council said in an update. Rising demand, coupled with sustained investment interest,…

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Stock

Europe markets open: FTSE 100 up 0.1% as investors brace for PMI data

A dramatic day of reckoning is unfolding in European markets, as a shocking corporate collapse sends a chill through London while the broader continent holds its breath ahead of a…

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Stock

ASX 200 breaches 9,000 points for the first time: here’s what drove the surge

Australian shares surged past the key 9,000 mark for the first time on Thursday, lifted by financials and a string of upbeat corporate earnings. The S&P/ASX 200 index gained 1.1%…

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Stock

Cracks appearing?

By mid-August, both the S&P 500 and NASDAQ had hit a succession of fresh all-time highs as investors sloughed off concerns over the Trump administration’s tariffs. US tech continued to…

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Stock

Why is tech at war over AI talent?

The world’s biggest tech companies are tearing up the rulebook in their pursuit of AI. Energy, infrastructure, talent. It’s about who gets there first.What started as a race to build…

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Economy

Analysis: Oil prices unlikely to plummet as backwardation to continue

Brent crude prices remained largely unchanged over the past fortnight, hovering between $65 and $66 per barrel, as anticipation of Russian oil re-entering global markets due to ongoing Russia-Ukraine peace…

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Economy

Despite drone strike, Druzhba pipeline restores oil deliveries to Slovakia, Hungary

Oil shipments to Hungary and Slovakia via the Druzhba pipeline have resumed, officials from both nations confirmed late on Tuesday. The disruption in supply was attributed to a Ukrainian drone strike…

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Economy

From airfares to groceries: Summer price shock pushes UK’s July inflation to 3.8%

A nasty summer surprise has dealt a significant blow to the UK economy, as official data revealed on Wednesday. UK inflation unexpectedly accelerated in July, stoking fresh fears about the…

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