Asian stock markets began Thursday’s session in a state of cautious limbo, trading within narrow ranges as investors digested the Federal Reserve’s decision to hold interest rates steady while awaiting concrete developments from upcoming US-China trade negotiations. The Fed’s message of patience, coupled with lingering trade uncertainties, kept risk appetite…

The long-simmering question of whether artificial intelligence could truly disrupt Google’s search dominance ignited investor fears on Wednesday, sending Alphabet Inc.’s stock tumbling after a high-ranking Apple executive testified that AI usage is already cutting into traditional search activity on iPhones.Apple exec points to AI impact on search volumeTestifying during…

Climate change protesters disrupted Australian Woodside Energy’s annual general meeting on Thursday with whistles and shouts. The demonstration heckled Chief Executive Meg O’Neill and caused multiple suspensions, according to a Reuters report.Investor dissent continued against Woodside’s gas projects and sustainability efforts, mirroring the previous year’s sentiment. Shareholder dissentNotably, prominent Australian pension funds…

The US Federal Reserve opted to maintain its key benchmark interest rate within the existing range of 4.25% to 4.5% following its policy meeting on Wednesday, May 7, 2025. This decision to hold steady reflects the central bank’s cautious approach amidst a complex economic landscape characterized by significant global uncertainty…

European stock markets are set to open in positive territory on Thursday, as investors navigate a packed day featuring crucial interest rate decisions from several key central banks, including the Bank of England, alongside a continued flood of corporate earnings reports.Early indicators point towards gains across major European bourses. According…

Shares of Tata Motors have been on an upward swing, gaining more than 3.45% on Thursday, marking a surge of about 8.7% in over just two trading days driven by investor optimism surrounding global trade developments.Analysts and market experts believe Tata Motors is well-positioned to benefit from the recently concluded…

Britain’s unseasonably warm and sunny start to spring is casting a mixed shadow over corporate earnings, helping retailers and hospitality firms while weighing on energy suppliers.As households switched off their central heating earlier than usual, Centrica – the country’s second-largest domestic energy supplier – warned investors on Thursday that its…

Binance has published its latest proof-of-reserves data, confirming that the exchange continues to hold more digital assets than its customers across a majority of supported tokens. The report, released on 8 May, covers 37 crypto assets and highlights that Binance currently controls 616,886.378 Bitcoin (BTC), compared to customer net assets…

Soaring demand for cleaner marine fuel in Europe, driven by shipping companies like Maersk, has led to a complete acquisition of all four April cargoes of Chadian Doba crude by Dutch and German oil refineries, according to a Reuters report. This surge in demand is directly linked to the shipping industry’s…