Semiconductor stocks have pulled back this year, hurting top exchange-traded funds that have long provided growth and stability. This crash is attributed to the ongoing trade war between the US and China, and the lingering fear that the artificial intelligence (AI) bubble may have bursted. Top chip stocks have plungedNVIDIA, the…
European stock markets kicked off the week on a positive note Monday, as investors grasped onto a sliver of stability following recent trade turmoil, turning their attention partly towards the upcoming first-quarter earnings season. A temporary exemption for electronics from new US tariffs provided the primary catalyst for the upward…
The Neos S&P 500 High Income (SPYI) ETF has retreated this year as American stocks dived amid concerns about the technology sector and the ongoing trade war between the United States and China. After peaking at a record high of $51.40 in February, the stock has plunged to $46. So,…
Ageas has agreed to acquire British insurer Esure for £1.3 billion, in a move that will make the Belgian company the third-largest provider of home and motor insurance in the UK. The transaction, worth precisely £1.295 billion, will see Ageas purchase Esure from private equity owner Bain Capital, which has…
Goldman Sachs, a leading global investment bank, has revised its year-end gold price forecast upwards to $3,700 per ounce, according to a Reuters report. This adjustment reflects a more bullish outlook on the precious metal, primarily driven by two key factors: stronger-than-anticipated demand from central banks and increased inflows into gold-backed…
The aspiration for an iPhone bearing a ‘Made in the USA’ label is a recurring theme in American political discourse, yet the practical hurdles remain as formidable today as when the late Steve Jobs bluntly dismissed the idea to President Barack Obama over a decade ago. While the occupants of…
A recently announced pause on steep US tariffs for certain Chinese electronics, including smartphones and laptops, appears to be merely a temporary reprieve, according to top administration officials. Former President Donald Trump emphatically signaled that these key technology sectors are far from clear of trade pressures, promising further action amidst…
Exporters in India, the biggest supplier of shrimp to the US, say that President Donald Trump’s tariffs could endanger a large number of containers of the frozen delicacy and disrupt global shipments.Ecuadorian exporters state that their country will benefit due to lower tariffs on shrimp, as it is their most…
The US dollar has been the anchor of the global financial system for decades now. But in recent weeks, market behaviour has started to tell a different story. As President Donald Trump continues to double down on tariffs and policy threats, capital is beginning to move elsewhere. What used to be as…
China’s exports jumped by 12.4% in March, hitting a five-month high as manufacturers raced to ship goods ahead of the latest round of US tariffs. The surge far exceeded economists’ expectations of 4.4% growth and marked a sharp turnaround from the 3% fall recorded in February.The rise was attributed in…