More American workers are testing positive for fentanyl in randomised workplace drug screenings, a report by The Wall Street Journal said, which brings to the fore the persistent challenges the opioid epidemic poses for employers.The rate of positive urine tests for fentanyl reached 1.13% in 2024, up from 0.91% in…
The Hang Seng Index held steady on Tuesday as Chinese investors continued to accumulate. It was trading at H$25,557 on Tuesday, its highest level since November 2021, and 75% above the lowest point this year.Chinese stocks are boomingThe Hang Seng Index has held steady in the past few months as…
The Zimbabwe ZiG currency moved sideways this week, even as gold price surged to a record high and the central bank unveiled plans to make it the sole currency in the country. The USD/ZWG exchange rate was trading at 26.74 on Monday, inside the range it has remained in the past…
The much-anticipated altcoin season has remained in the sidelines this month as most tokens struggle and the Crypto Fear and Greed Index pulled back to the fear zone. This article explores whether the altcoin season will charge ahead in September.Why the altcoin season has stalledThe Altcoin Season Index has been…
The FTSE 100 Index continued its downtrend in the past few days, moving from the year-to-date high of £9,358 to a low of £9,160. This crash may continue as the UK bond yield continues soaring to their highest point in a while. UK bond yields are soaringThe FTSE 100 Index pulled…
The Nio stock price rebounded in Hong Kong and in the premarket after the company published strong delivery numbers. It jumped to a high of $6.50, up by 120% from its lowest level in April this year, making it one of the best-performing companies in the EV space.Nio deliveries are…
Opendoor stock price has surged in the past few months, moving from the year-to-date low of $0.5035 in July to $4.45 today. This surge has transformed its market capitalization from over $350 million in June to $3.27 billion today. Why the Opendoor stock price has surgedThere are three primary reasons why…
Alibaba Group shares surged in Hong Kong trading on Monday, boosted by optimism over its cloud business and improving e-commerce operations. The stock jumped as much as 19% to HK$137.50 (US$17.64), marking its biggest single-day gain in more than three years. It closed higher by more than 13%.It was also…
OpenAI is preparing to expand its Stargate-branded artificial intelligence infrastructure into Asia with a large-scale project in India. The ChatGPT-maker is seeking local partners to establish a data centre with at least 1-gigawatt capacity, making it one of the biggest in the country. The move signals a shift in focus…
The FTSE 100 Index has pulled back in the past few days, falling from a high of £9,358 on August 22 to £9,187 today. Still, the blue-chip index has performed well this year as it jumped by over 21% from its lowest point in April. This article looks at the…