U.S. stock markets reached new highs on February 19, 2025, while global markets showed mixed reactions to inflation data and trade concerns. The S&P 500 achieved a record close, with investors awaiting the Federal Reserve’s January meeting minutes for clues on future interest rate decisions. Asian markets faced early declines, with Japan’s Nikkei 225 falling […]
U.S. President Donald Trump has proposed a 25% tariff on imported automobiles, reigniting debates on trade policy and domestic manufacturing. The announcement, made on February 18, 2025, is part of Trump’s broader economic agenda as he prepares for a potential 2024 presidential run. Trump argued that the tariff would protect American jobs and reduce reliance […]
Anglo American has agreed to sell its nickel business in a deal worth up to $500 million, the company announced on February 18, 2025. The divestment is part of Anglo American’s strategy to streamline its portfolio and focus on core commodities such as copper and platinum. The nickel business, which includes mining operations and processing […]
Huawei has expanded the availability of its Mate XT Trifold smartphone to global markets, introducing a new era of foldable devices. Launched on February 18, 2025, the Mate XT Trifold features a revolutionary trifold display, advanced camera technology, and 5G connectivity, setting a new standard for flagship smartphones. The device’s 10-inch foldable display can transform […]
Singapore’s government has announced its 2025 budget, with a strong focus on supporting businesses and households amid economic challenges. The budget, unveiled on February 18, 2025, includes measures to drive innovation, promote sustainability, and strengthen social safety nets. Key initiatives include increased grants for SMEs to adopt digital technologies, tax incentives for green investments, and […]
Global financial markets presented a mixed picture on February 18th, with European futures reaching record highs while U.S. and Asian markets faced challenges. Defense stocks drove European gains, while foreign institutional selling and trade concerns weighed on other regions. U.S. stock futures indicated a cautious start, with investors closely watching developments in the Russia-Ukraine conflict. […]
The Reserve Bank of Australia (RBA) has hinted at potential rate cuts in the coming months, adopting a cautious approach to further monetary easing. The announcement, made on February 18, 2025, reflects the central bank’s response to slowing inflation and global economic uncertainty. RBA Governor Michele Bullock highlighted the need for a balanced strategy, noting […]
HSBC’s shareholders have given a resounding vote of confidence to CEO Noel Quinn’s strategy to reduce the bank’s investment banking footprint. The decision, approved at the annual general meeting on February 16, 2025, underscores HSBC’s shift toward more stable and predictable revenue streams, such as retail and commercial banking. The retrenchment plan involves exiting high-risk […]
A recent report from DeepSeek has sparked renewed interest in electrical stocks, as investors weigh the sector’s growth potential against ongoing challenges. The report highlights the increasing demand for renewable energy solutions and smart grid technologies as key drivers of growth. However, supply chain disruptions and rising raw material costs are creating headwinds for the […]
Global financial markets remained cautious as investors grappled with mixed economic signals and geopolitical uncertainties. U.S. stocks opened lower, with the S&P 500 and Dow Jones Industrial Average declining by 0.3% and 0.4%, respectively, amid disappointing earnings and concerns over new tariffs. In Asia, Japan’s Nikkei 225 initially rose on strong Q4 GDP growth of […]