The International Energy Agency has lowered its estimate for growth in global oil demand for 2025 as escalating trade tensions have affected the economic outlook. “While imports of oil, gas and refined products were given exemptions from the tariffs announced by the United States, concerns that the measures could stoke inflation, slow economic growth and […]
Honda Motor Co. is considering shifting a significant portion of its vehicle production from Mexico and Canada to the United States, amid escalating trade tensions triggered by a new 25% tariff on imported automobiles announced by US President Donald Trump, Nikkei reported on Tuesday. The Japanese automaker aims to have 90% of cars sold in […]
US stocks traded mostly in the green on Tuesday, looking to extend their two-day winning streak. The Dow Jones Industrial Average inched up over 180 points, while the S&P 500 and Nasdaq Composite each rose 0.4%. The Cboe Volatility Index (VIX) slid back below 30 after spiking to around 60 last week. The corporate earnings […]
PepeX’s initial coin offering (ICO) has now surpassed $1,352,050 in funding, as interest accelerates in its fair-launch model aimed at everyday investors. Built on Solana, the PepeX platform is gaining ground at a time when Donald Trump’s expanding presence in crypto—from NFTs to memecoins and stablecoins—is intensifying market speculation. While Trump-linked tokens generate headlines and […]
A recently announced pause on steep US tariffs for certain Chinese electronics, including smartphones and laptops, appears to be merely a temporary reprieve, according to top administration officials. Former President Donald Trump emphatically signaled that these key technology sectors are far from clear of trade pressures, promising further action amidst the ongoing economic friction between […]
Asian markets traded higher on Monday, boosted by US President Donald Trump’s announcement of a pause on tariffs affecting certain consumer electronics. The decision to exempt items like smartphones and computers from reciprocal tariffs triggered a wave of buying, particularly in chip-related stocks, across the region. Japan’s stock market indices led the charge, reflecting the […]
The United States has emerged as one of the largest hubs for Bitcoin mining globally, especially following China’s sweeping crackdown on crypto mining activities in 2021. The U.S. share of global Bitcoin mining surged from just 4.5% in 2020 to an impressive 37.8% by January 2022. Now, with former President Donald Trump’s pro-crypto stance and […]
Wall Street closed sharply higher on Friday, capping a roller-coaster week, after the White House hinted it was open to reaching a trade agreement with China. A wave of renewed optimism sent the major indexes soaring, providing some relief after days of intense volatility. The S&P 500 jumped 1.8%, while the Dow Jones Industrial Average […]
Indian equity markets experienced a jubilant session on Friday, marked by a broad-based rally led by soaring metal stocks. The surge was fueled by the US’s decision to suspend additional tariffs on India until July 9, providing a welcome boost to investor sentiment and lifting market confidence. The Sensex traded 1569.01 points or 2.12 per […]
Renault stock price has pulled back in the past few weeks as concerns about Donald Trump’s trade war have escalated. It retreated to a low of €42 on Friday, down by 22% from its highest point this year. Still, it has held much better than other European rivals like Porsche, BMW, and Volkswagen. Why Renault […]