Concerns that a wider conflict with Iran could push up crude and commodity prices are starting to weigh on exporters at one of China’s biggest trading platforms, with suppliers at the Canton Fair warning of rising input costs and more cautious overseas buyers.The pressure comes at an awkward time for…
The mood in global markets has shifted from alarm to guarded relief.Investors are still watching the Middle East closely, but the tone has changed as ceasefire hopes, diplomatic signals and easing oil prices begin to steady sentiment.At the same time, dealmaking in Europe’s food delivery sector is reshaping competitive lines,…
The Nikkei 225 Index pulled back by over 0.80% on Friday, April 17, as the recent rally took a breather. It also retreated after the IMF pushed the Bank of Japan (BoJ) to hike interest rates, and as the war risk remained. It dropped to ¥58,930, a few points below…
Solana price has moved sideways in the past few months as activity in the network slowed and the crypto winter continued. SOL token has remained inside the narrow range between $75 and $93 since the first week of February this year. It is stuck in a deep bear market after…
The crypto market is going up, with Bitcoin and top altcoins remaining in the green in the past few weeks. Bitcoin jumped to $75,000 while top tokens like RaveDAO, Memecore, Siren, and Celestia have jumped by double digits. This article looks at some of the reasons behind the crypto rally.Crypto…
The FTSE 100 Index rally stalled this week, even as its US counterparts soared to a record high amid falling fears of the ongoing Iran war. It was trading at £10,600, up sharply from the year-to-date low of £9,690.Similarly, the FTSE 250 Index jumped to £22,920, its highest point since…
Australian stocks pulled back on Thursday, even as other global indices jumped amid the ongoing Iran-US truce. The ASX 200 Index dropped to $8,947, from this week’s high of $9,056. This retreat happened as investors reacted to the latest Chinese and Australian macro data. Still, it is slowly forming a bullish…
Trend Micro stock surged on Thursday after the Japanese cybersecurity company unveiled a strategic tie-up with Anthropic.The stock jumped nearly 12% to 6,100 yen and briefly touched 6,294 yen, a near three-month high, putting it among the day’s best performers on the Nikkei 225.The immediate spark was the announcement that…
TSMC reported a record first-quarter profit, beating expectations as demand for advanced processors used in artificial intelligence systems remained strong.The result reinforces the company’s central role in the global AI build-out and suggests the chip spending cycle still has momentum, even as investors watch for signs of strain in supply…
SoftBank Group Corp. raised about $3.5 billion through a dual-currency bond offering, as the Japanese investment firm moves to refinance debt and partly repay a bridge loan tied to investments in OpenAI.The company secured $1.5 billion via dollar-denominated bonds and 1.75 billion euros ($2.06 billion) through euro-denominated notes, as stated…