In a striking exchange at the White House on Tuesday, Canadian Prime Minister Mark Carney firmly rejected former US President Donald Trump’s provocative suggestion that Canada should become the 51st state of the United States. The diplomatic meeting, intended to focus on economic and trade discussions, veered into unusual territory…
India carried out missile strikes across three regions of Pakistan late Tuesday, targeting locations in Pakistan-administered Kashmir and Bahawalpur in Punjab province, according to Pakistan’s military. The Pakistani Army, cited by state television, confirmed the strikes hit multiple sites, including Kotli, Muzaffarabad, and Bahawalpur, escalating tensions between the nuclear-armed neighbours.…
New Zealand’s labour market continued to show signs of softening in the first quarter, with employment growth remaining tepid, the unemployment rate holding near a multi-year high, and wage inflation moderating. These latest figures reinforce market expectations that the Reserve Bank of New Zealand (RBNZ) will implement further interest rate…
Facing mounting economic pressure from its protracted trade war with the United States, China has unveiled a significant package of stimulus measures aimed at shoring up its domestic economy. This flurry of policy action comes just as Beijing and Washington confirmed plans for high-level trade talks later this week, offering…
Indians woke up to the news of the country launching a series of coordinated missile strikes early Wednesday on terror infrastructure located across Pakistan and Pakistan-administered Kashmir. The military action, named ‘Operation Sindoor’ comes just two weeks after a deadly militant attack on tourists in Indian-administered Kashmir’s Pahalgam that left…
Tariff announcements are causing ripples throughout global oil markets, leading to increased focus on potential reciprocal actions and their fundamental effects across the entire oil-to-olefins value chain.Alkenes, or olefins, are hydrocarbons characterized by the presence of one or more carbon-carbon double bonds. These compounds serve as essential precursors in the…
Chinese self-driving stocks, Pony AI Inc (NASDAQ: PONY) and WeRide Inc (NASDAQ: WRD), are flying high on Tuesday and they have the San Francisco-based Uber Technologies Inc (NYSE: UBER) to thank.The ride-hailing giant announced a strategic partnership with PONY this morning, only hours after it expanded its collaboration with WRD…
India carried out missile strikes across three regions of Pakistan late Tuesday, targeting locations in Pakistan-administered Kashmir and Bahawalpur in Punjab province, according to Pakistan’s military. The Pakistani Army, cited by state television, confirmed the strikes hit multiple sites, including Kotli, Muzaffarabad, and Bahawalpur, escalating tensions between the nuclear-armed neighbours.…
Asian stock markets and the US dollar advanced at the open on Wednesday, as confirmation of upcoming high-level trade talks between the United States and China injected a welcome dose of optimism into markets recently rattled by escalating tariff tensions. The news spurred hopes for a potential de-escalation in the…
Indian equity markets are poised for a turbulent opening on Wednesday, with benchmark indices Sensex and Nifty 50 likely to start significantly lower as investors react to a dramatic escalation in geopolitical tensions. News of retaliatory precision missile strikes by the Indian Armed Forces against terrorist sites in Pakistan and…