Brazil’s Inter&Co released its results for Q1 2025, during which it recorded a 57% year-on-year increase in net profit. The group posted a net income of 287 million reais (about $56.4 million), excluding minority interests, emphasising the balance between revenue stability driven by strong operational performance and the positive impact of the…

SoundHound AI Inc. (NASDAQ: SOUN) rallied as much as 25% on Monday after reporting $29.1 million in revenue for its first financial quarter.On the surface, the number looks exceptionally positive. After all, it translates to a more than 150% growth on a year-over-year basis.However, a deeper dive into SOUN’s Q1…

Asian-Pacific financial markets displayed a mixed performance on Tuesday, failing to uniformly sustain the powerful rally seen on Wall Street overnight, which was ignited by news of a trade agreement between the United States and China. While some regional bourses continued to advance, Hong Kong stocks notably reversed course, experiencing…

Indian stock markets are poised for a subdued, potentially lower opening on Tuesday, May 13, as investors likely look to book profits following a spectacular rally in the previous session. While positive global cues provided some support overnight, domestic factors including ongoing Q4 earnings, upcoming inflation data, and the recent…

India has formally signaled its intention to levy retaliatory duties on a range of American goods, a direct response to the United States’ ongoing and recently revised tariffs on steel and aluminum imports. In a formal communication to the World Trade Organisation (WTO), New Delhi outlined its position, challenging the…

Asian equities climbed sharply on Tuesday, extending a global rally after the United States and China agreed to pause their trade war for at least 90 days. Japan’s Nikkei jumped 2% to reach its highest level since February 25, while Taiwan’s tech-heavy index also gained 2 per cent. Chinese shares…

China has quietly lifted a month-long ban on airlines taking delivery of Boeing Co. aircraft, Bloomberg reported on Tuesday citing people familiar with the matter, in what marks one of the first tangible signs of progress following a temporary de-escalation in trade tensions with the United States.According to sources in…

Global defence spending hit a record $2.72 trillion in 2024, marking the sharpest annual increase since 1988. More than 100 countries raised their defence budgets, with Europe, Asia, and the Middle East driving most of the growth. The war in Ukraine has redefined how militaries operate. Cheap, fast, and scalable uncrewed aerial…