Asian equity markets ended on a mixed note on Wednesday as investors looked ahead to the Federal Reserve’s interest-rate decision later in the day, with a 25-basis-point cut widely anticipated and already priced in.China and Hong Kong stocks lead gainsChina’s Shanghai Composite Index advanced 0.37% to close at 3,876.34 after…
Shares of Workday rose by more than 5.5% to $231.24 in premarket trading on Tuesday after activist investor Elliott Management disclosed it had built a stake of more than $2 billion in the human resources software provider.Elliott, one of the world’s most influential activist investors, said it viewed Workday as…
Investors in India are holding onto their used gold jewelry and coins, anticipating further price increases despite recent record highs. This has led to a scarcity of these items in the market, as many are reluctant to sell, expecting bullion prices to continue their upward trend.In stark contrast to March, when…
US President Donald Trump dialed Indian Prime Minister Narendra Modi for a distinctly personal chat that blended birthday wishes with high-stakes global diplomacy.The call marked their first direct conversation in months and came at a pivotal moment: Washington’s push to resolve the Ukraine war and a fresh thaw in US–India…
TikTok’s long-running regulatory saga in the US has taken a decisive turn this week, with a tentative deal now on the table that could reshape the app’s future in one of its most profitable markets.According to officials briefed on the matter, TikTok’s US operations would be spun into a new…
Wednesday’s top headlines spotlight major economic, political, and tech developments.Investors await a key Federal Reserve interest rate decision that could signal a policy shift, while Utah prosecutors pursue the death penalty in the high-profile killing of Charlie Kirk.Meanwhile, global tech giants Baidu and Microsoft make bold moves in AI, signaling…
Jerry Greenfield, co-founder of Ben & Jerry’s, has stepped down from the ice cream company, his longtime partner Ben Cohen announced on Wednesday, in a move that has brought to a head the hostile relationship between the Vermont-based brand and its parent, Unilever, which acquired it in 2000.In an open…
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 of Korean workers. The $350 billion commitment, first announced in July, was intended to strengthen trade relations and secure tariff…
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 prices kept pressure on household budgets.The development strengthens expectations that the Bank of England will keep its interest rate steady…
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 later, hoping for a rate cut that could ease the economic jitters we’ve all been feeling. Early trading saw small…