Shares of Reliance Industries Ltd. rose 4% on Monday to touch a five-month high of ₹1,353 apiece, as investors reacted positively to the company’s March quarter results and a flurry of target price hikes from brokerages. The stock movement reinforced Reliance’s position as the country’s most valuable company by market…
When Trump got elected back into the White House in November 2024, everybody expected big spending cuts. After all, the US has been running a budget deficit since 2001. Some key parts of Trump’s plan was to cut unnecessary government spending, increase revenues through tariffs, and facilitate tax cuts. The spending cuts…
US corporations are sharply increasing spending on executive security, a trend expected to accelerate into 2025 following the murder of UnitedHealth executive Brian Thompson late last year. Company filings show Thompson’s targeted killing in December, outside a Midtown Manhattan hotel hosting a UnitedHealth investor event, has intensified safety concerns across…
European economies are all over the place. While some are reducing government spending and exiting recessions, others are slowly moving the opposite direction.France’s economy is not a story of optimism. Growth targets are quietly slipping away, debt is stacking higher, and outside risks are starting to feel less like threats and…
Arabica coffee prices are experiencing a resurgence, nearing the significant threshold of 400 US cents per pound. This level was recently breached at the close of March, indicating a period of strong market valuation. However, the upward trajectory faced a temporary setback in early April when the price experienced a notable dip,…
The selloff in gold prices since last week could indicate a much-needed pullback in the precious metal, according to experts. Though prices have slumped below $3,300 per ounce, analysts expect the market to consolidate along the current levels. At the time of writing, the most-active gold contract on COMEX was at $3,292.44…
Japan’s leading power producer, JERA, is considering Alaska as a possible source for liquefied natural gas (LNG), according to a Reuters report. This comes as Japanese officials are scheduled to travel to the US this week for further discussions on tariffs.The proposed $44 billion Alaska LNG project, encompassing a pipeline and…
Meme coins, over the years, have carved out of a unique niche within the cryptocurrency industry.Meme coins require minimal capital investment to build a sizable positions, yet promise explosive initial gains, which continue to attract millions of buyers from all over the world into meme assets to date.One of the…
Asian share markets and the US dollar began the week cautiously on Monday, reflecting persistent confusion and uncertainty surrounding US trade policy. While President Donald Trump projected optimism about ongoing negotiations, conflicting signals and a lack of concrete evidence kept investors largely on edge ahead of a week packed with…
Indian equity benchmark indices are poised for a higher opening on Monday, drawing support from strong quarterly earnings posted by index heavyweight Reliance Industries and positive cues from Asian markets.However, underlying investor caution is expected to linger due to heightened geopolitical tensions between India and Pakistan following a recent deadly…