IndiGo, India’s largest carrier, momentarily ascended to the pinnacle of the global aviation market on Wednesday, overtaking Delta Air Lines to become the world’s most valuable airline by market capitalisation, according to Bloomberg data.Buoyed by a robust rally, IndiGo’s stock price surged to a record high of Rs 5,265 during…
China’s consumer and producer prices are heading in opposite directions as the country grapples with falling global demand, a worsening trade war with the US, and domestic efforts to boost consumption. Consumer prices declined 0.1% year-on-year in March, marking a second consecutive month of deflation. Meanwhile, producer prices dropped 2.5%,…
Electricity demand to power AI technology and data centres by the end of this decade will require more than Japan’s electricity consumption today.The consumption of electricity by data centres is projected to increase by over two times, reaching approximately 945 Terawatt-hour by the year 2030, according to a report released…
The phrase “Sell America” has evolved from a trading meme to a financial reality. From US Treasuries to the US Dollar all the way to the biggest US stocks.This week, after a chaotic bond selloff and a three-day market rout, President Donald Trump backed off his aggressive tariff plan. At…
European markets posted sharp gains on Thursday after US President Donald Trump unexpectedly postponed a new round of tariffs on dozens of countries, including the European Union. The decision sent relief rippling through financial markets, with the FTSE 100 surging by more than 4% to mark its biggest daily gain…
The unexpected announcement from President Trump to reverse tariffs globally, with the exception of China, followed a period of market uncertainty and dramatic fluctuations. The escalating trade war with China, characterised by a series of reciprocal tariff increases, has now entered a critical phase, according to the ING Group. Global markets and…
Asian markets experienced a dramatic surge on Thursday, rebounding sharply after President Donald Trump announced a 90-day pause on tariffs for many countries, offering a temporary respite from weeks of trade-induced volatility. However, this wave of optimism was tempered by the fact that China remained excluded from the tariff pause,…
With President Donald Trump imposing tariffs exceeding 100% on Chinese goods imports, the specter of a full-scale trade war with China has become a stark reality. China has vowed to “fight to the end” rather than yield to what it perceives as US coercion, promising to hike its own tariffs…
Vietnamese budget airline Vietjet announced on Thursday that it has finalized a $300 million financing agreement with AV AirFinance, a partner of investment fund KKR, to support the expansion of its aircraft fleet.This announcement confirms a Reuters report from last week, which detailed the financing arrangement between Vietjet and AV…
IndiGo, India’s largest carrier, momentarily ascended to the pinnacle of the global aviation market on Wednesday, overtaking Delta Air Lines to become the world’s most valuable airline by market capitalisation, according to Bloomberg data.Buoyed by a robust rally, IndiGo’s stock price surged to a record high of Rs 5,265 during…