A busy global news cycle is unfolding across markets, geopolitics, and corporate earnings this morning.Amazon is preparing what could be its largest-ever round of layoffs. Trump met Japan’s new prime minister in Tokyo for high-stakes talks.HSBC reported softer quarterly profits amid a major legal hit, and Asian stocks cooled from…
Methane emissions from the onshore upstream oil and gas sector, detected globally by satellites, showed an increase in late 2024 and early 2025, Rystad Energy said. This marks a reversal of the consistent decline observed since 2020.Analysis from Rystad Energy, corroborated by satellite data, reveals significant regional disparities in emissions.…
President Donald Trump’s high-stakes visit to Tokyo is turning out to be a game-changer for the diplomatic relations between the United States and Japan.Japanese Prime Minister Sanae Takaichi on Tuesday revealed her nomination of Trump for the Nobel Peace Prize while both leaders signed a critical framework agreement on rare…
The man accused of killing former Japanese Prime Minister Shinzo Abe has pleaded guilty to murder, marking a pivotal moment in a case that reignited debate over Japan’s intersection of politics, religion, and public trust. The trial of 45-year-old Tetsuya Yamagami began at the Nara District Court, Bloomberg reports, where…
Foxconn’s board has approved a $1.37 billion investment in an AI compute cluster and supercomputing center, scheduled between December 2025 and December 2026.The development comes as a transformative shift from contract manufacturing into owning critical AI infrastructure.This move marks the latest phase in the Taiwanese contract electronics giant’s pivoting away…
Gold has crossed $4,400 an ounce, silver is at record highs, and central banks are buying bullion faster than at any time since the 1950s.Traders call it the debasement trade. The idea is that major currencies, especially the dollar, are losing their power. And when the world’s reserve currency is…
European markets opened on a mixed note on Tuesday, as investors adopted a wait-and-see approach ahead of the Federal Reserve’s anticipated interest rate decision.The continent’s major indices displayed modest movements, with Germany’s DAX dropped 0.4% to 24,206.27 points, while the UK’s FTSE 100 opened nearly flat at 9,653 and France’s…
Shares in Swiss drugmaker Novartis were seen down 3.3% in pre-market trade on Tuesday after the company reported third-quarter profitability below market expectations, even as higher sales from key medicines helped offset losses from expiring patents.On the Swiss Exchange, the share price of the drugmaker was down by 3.76%.The Basel-based…
Dow futures traded flat on Tuesday, reflecting cautious optimism among investors ahead of key market events this week, including Federal Reserve interest rate decisions and major tech earnings reports. A wave of optimism continues on Wall Street as investors are expecting a positive outcome from the upcoming meeting between US…
Carbon Measures, a new carbon accounting initiative, will establish an independent guiding panel. The initiative is supported by several major energy and multinational corporations, according to Carbon Measures’ chief executive who was quoted in a Reuters report.The global group, recently launched by 19 prominent founder members including industry giants like ExxonMobil,…