A Malaysian unit of South Korea’s OCI Holdings is in discussions with SpaceX to supply polysilicon under a potential long-term agreement, according to a South Korean Maeil Business Newspaper .Multi-year supply deal under discussionOCI TerraSus, the Malaysian arm of OCI Holdings, is engaged in talks with SpaceX over a multi-year…
BlackRock reported a better-than-expected first quarter on Tuesday, but the more revealing signal sat beneath the earnings beat.The world’s largest asset manager posted higher profit on strong exchange-traded fund inflows and a sharp jump in performance fees.Yet assets under management slipped to $13.89 trillion from the record $14.04 trillion reached…
Euro zone government bond yields rose on Monday. This came after the United States and Iran failed to reach a deal to end the conflict.The breakdown in talks pushed oil prices higher. It also strengthened expectations of more interest rate hikes from the European Central Bank.Brent crude futures climbed above…
The significance of the US dollar in global trade has taken a hit over the last couple of years, but a straightforward decline is not on the cards yet. Iran plans to reopen the Strait of Hormuz, contingent on a mandatory fee of up to $2 million per ship, payable in…
Global markets remained on edge Monday as geopolitical tensions and corporate developments drove volatility across asset classes. The US escalated pressure on Iran with a blockade in the Strait of Hormuz, oil prices surged on supply fears, Bitcoin traded sideways amid uncertainty, and Goldman Sachs shares fell despite strong earnings.Trump…
China’s export momentum lost steam in March, signalling that escalating geopolitical tensions in the Middle East are beginning to weigh on global trade flows and one of Beijing’s key growth engines.Outbound shipments rose just 2.5% year-on-year in dollar terms, a sharp deceleration from the 22% surge recorded in January and…
Markets are starting Tuesday with one message above all others: geopolitics is now setting the pace for prices.The US move to blockade Iranian ports has jolted oil, reshaped risk appetite and injected fresh uncertainty into Asia’s trading day just as China’s latest trade data hints at a more fragile global…
Intel stock price has staged a strong comeback this year and is now hovering near its all-time high. It soared to $62.40, up by over 245% from its lowest level last year, bringing its market capitalization to over $313 billion.Intel stock has soared as numerous catalysts convergedINTC stock has rebounded…
IREN stock price has rebounded in the past few days, moving from a low of $30 on March 30 to the current $40. It remains down by 50% from its highest point in 2025. So, will the stock continue rising as top companies like CoreWeave and Nebius extend their market…
Nio stock price is firing on all cylinders as other popular companies like Tesla and Rivian stumble. It jumped to a high of $6.50 on Monday, its highest point since November 11 last year and 51% above its lowest point in February New vehicle launch and growth momentum fuel growth Nio stock…