Bristol-Myers Squibb Co (NYSE: BMY) is inching up on Monday after announcing an $11 billion deal with BioNTech SE (Nasdaq: BNTX) aimed at transforming cancer treatment.The pharmaceutical behemoth announced the said partnership at ASCO, the world’s largest cancer conference in Chicago. Despite today’s price action, BMY shares are down some…
Singapore, which has historically depended on gas for its energy supply, is now exploring regional grid connections. The strategy primarily involves utilising subsea cables to establish links between national grids, thus facilitating electricity trading across borders, Rystad Energy said in a report on Tuesday.This strategic transition is intended to speed up…
The Vietnamese Agriculture Ministry announced on Tuesday that domestic companies plan to sign memorandums of understanding with US partners to purchase $2 billion in American agricultural goods, according to a Reuters report. This initiative is aimed at advancing a new trade agreement between Vietnam and the US.US President Donald Trump’s administration…
The Organization for Economic Cooperation and Development (OECD) has issued a stark warning, asserting that President Donald Trump’s aggressive and combative trade policies have plunged the global economy into a significant downturn, characterized by heightened uncertainty. The Paris-based organization highlighted that the United States itself is among the nations most…
The KOSPI Composite Index has embarked on a strong rally in the past few months as South Korean shares surged. The index, which tracks the biggest South Korean companies, rose to KRW 2,720, its highest point since August 26, and 18% above the lowest point this year. Interest rate cuts have…
Asia-Pacific stock markets concluded Tuesday’s trading session with a varied performance as investors digested a sharp contraction in China’s manufacturing activity and continued to grapple with the implications of escalating US trade protectionism. While some regional bourses managed gains, Indian benchmarks, including the Sensex, extended their losing streak amid domestic…
Crypto prices soared on Tuesday as Bitcoin jumped above the key resistance at $106,000 for the first time since last week. This rally also happened after the US stock market closed in the green and the US dollar index (DXY) declined. This article provides predictions for some of the top cryptocurrencies…
Top private equity stocks have plunged this year as concerns about the industry remain. Apollo Global stock price was trading at $130.5 on Monday, down by 30% from its highest point this year. Similarly, Blackstone, the biggest company in the sector, has crashed by 29% from its 2024 high. KKR, Carlyle,…
Maple Syrup token has done well this year, helped by the growing inflows in its ecosystem. SYRUP coin has risen in the last five consecutive days, and was trading at $0.43, its highest point since May 29. It has jumped by over 396% from its lowest point this year. Maple Finance…
The Nifty 50 Index has wavered in the past few weeks as investors book profits following the recent surge. It jumped to ₹25,110 in May, up by over 15% from its lowest point in April as concerns about tariffs eased. This article explains what to expect from the Reserve Bank…