Tech giants like Nvidia, Apple, and Tesla drove U.S. stocks higher on Thursday, February 13, 2025, as investors welcomed slowing wholesale inflation and President Donald Trump’s decision to delay reciprocal tariffs. The Nasdaq Composite rose 1%, while the Dow Jones Industrial Average and S&P 500 gained 0.3% and 0.6%, respectively. The Producer Price Index (PPI) […]
Asia-Pacific markets mostly climbed on Friday, supported by strong GDP growth in Singapore and Malaysia and President Donald Trump’s decision to delay reciprocal tariffs. Singapore’s economy expanded by 4.4% in 2024, its fastest growth since 2021, while Malaysia’s GDP grew 5.1% for the year. Japan’s Nikkei 225 fell 0.56%, but South Korea’s Kospi gained 0.59%, […]
Indian Prime Minister Narendra Modi has proposed significant increases in defense and energy purchases from the United States during his meeting with President Donald Trump at the White House. The discussions, aimed at easing trade tensions, included plans for India to buy more U.S. oil, gas, and combat aircraft, including the F-35 stealth fighter. Trump […]
Nissan and Honda have decided to shift their focus to collaboration in key areas such as electric vehicles (EVs) and autonomous driving after merger talks between the two Japanese automakers failed to reach an agreement. The move underscores their commitment to innovation and competitiveness in the global automotive market. The companies had been in discussions […]
Barclays has announced impressive Q4 2024 earnings, exceeding market expectations on the back of strong performance in its investment banking division. The British bank reported a 12% increase in net profit, reaching £1.8 billion (2.3 billion), while revenue grew (82.3 billion). The bank’s fixed-income trading and advisory services were key drivers of growth, offsetting weaker […]
Apple has announced a strategic partnership with Alibaba to integrate the Chinese tech giant’s AI technology into iPhones sold in China. The collaboration, confirmed by Alibaba Chairman Joe Tsai, aims to enhance localized features and improve user experience in one of Apple’s most important markets. The integration will include advanced language processing, voice recognition, and […]
U.S. manufacturers are facing mounting challenges as trade tensions escalate, disrupting global supply chains and increasing costs. Industries such as automotive, electronics, and machinery are particularly affected, with companies struggling to adapt to shifting trade policies. The Biden administration has been working to address these issues through diplomatic efforts, but the path to resolution remains […]
Global markets are reacting to a mix of economic data and geopolitical developments, with U.S. inflation figures taking center stage. Higher-than-expected inflation has raised concerns about delayed Federal Reserve rate cuts, pushing the U.S. dollar to a one-week high against the Japanese yen. The S&P 500 closed lower on Wednesday, reflecting investor anxiety over prolonged […]
Chinese businesses are embracing DeepSeek AI at an unprecedented scale, leveraging its advanced capabilities to revolutionize industries. From predictive analytics to automated decision-making, DeepSeek AI is helping companies optimize operations, enhance productivity, and gain a competitive edge. Developed by a leading Chinese tech firm, DeepSeek AI processes vast amounts of data in real-time, enabling businesses […]
Trade tensions between the United States and the European Union (EU) are escalating as the EU prepares retaliatory measures in response to US tariffs on steel and aluminum imports. The dispute threatens to strain the $1.5 trillion transatlantic trade relationship, one of the most significant economic partnerships in the world. On February 10, 2025, President […]