Chinese President Xi Jinping said on Thursday that China’s doors would only open wider to American businesses, while also warning that mishandling the Taiwan issue could push China-US relations into a highly perilous situation, according to Chinese state media reports.Xi made the remarks during a meeting with a delegation of…
The UK economy expanded at a stronger pace in the first quarter of the year, offering signs of resilience before mounting geopolitical tensions and surging energy prices clouded the outlook for the months ahead.Britain’s gross domestic product rose 0.6% in the January-to-March quarter, according to data released Thursday by the…
India’s wholesale price inflation accelerated sharply in April, rising to its highest level in more than three-and-a-half years, government data showed on Thursday.The increase was largely driven by a sharp rise in energy prices linked to the ongoing Middle East conflict.India’s wholesale price index (WPI)-based inflation rose 8.3% year-on-year in…
The British government on Thursday confirmed plans to reform rules governing money market funds, a sector that has remained under close regulatory scrutiny since the market turmoil of March 2020.The reforms come after money market funds faced heavy redemptions and liquidity pressures during the COVID-19-induced dash for cash, which exposed…
Trump’s two-day summit with Xi Jinping is now underway in Beijing, marking his first visit to China in nearly nine years.More than a dozen top US executives have joined him, highlighting how closely markets are watching the trip for both business outcomes and diplomatic signals.Early expectations remain modest as the…
Nio stock price jumped by over 4.4% in Hong Kong today, May 14, mirroring its performance in Wall Street a day earlier. It jumped to H$50.45, its highest level in two weeks, and is up by over 45% from its lowest point this year. This growth makes it one of…
Cuba has run out of diesel and fuel oil, according to Energy Minister Vicente de la O, leaving the island facing one of its most severe power crises in decades. In Havana, many neighbourhoods are now enduring between 20 and 22 hours of blackout a day, a level of disruption that points to a…
Applied Materials stock price has been in a strong bull run and is trading near its record high. AMAT was trading at $431, a few points lower than the record high of $447. It has soared by 156% in the last 12 months and 275% in the last five years. Analysts…
Tilray Brands stock price remains in a freefall this year and is now trading at its lowest level since July 9 last year. It recently lost the crucial support level at $5.95, and is down by over 76% from its highest point in October last year. So, is it safe…
The Schwab US Dividend Equity (SCHD) ETF has remained on edge in the past few days and is now hovering near its all-time high of $32.15. It has soared by 20% in the last 12 months and is about 4% in the last 30 days. It has slowly formed a…