Why are SPACs suddenly hot again and should investors buy into the hype?
Wall Street has a short memory. Just a couple of years ago, SPACs were synonymous with hype, lawsuits, and bankruptcies. …
Australia, New Zealand top global rankings in per capita cocaine use: UN report
Australia and New Zealand are now the world’s biggest per-capita users of cocaine, according to the United Nations Office on…
Taiwan dollar hits three-year high, pressuring exporters and insurers
Taiwan’s currency surged to its strongest level in three years on Thursday, buoyed by robust foreign inflows into its stock…
Indonesia downplays US exit from coal transition partnership deal
Indonesia’s top official for an international initiative stated on Thursday that the US’ withdrawal from a collaborative effort aimed at…
Why US shale oil production is likely to see no upside this year?
US shale oil production is unlikely to experience upside as West Texas Intermediate crude prices stay pressured near the mid…
Eli Lilly seen as the stronger bet amid escalating competition with Novo in India
The global fight between Eli Lilly and Novo Nordisk for dominance in the red-hot weight-loss drug market is shifting to…
Cryptocurrencies replace cash as Bolivia’s economic crisis deepens
In the commercial centre of Cochabamba, the third largest city of Bolivia, cryptocurrencies are quickly becoming a necessity rather than…
S&P 500 nears record high despite headwinds: key drivers behind the surprise rally
Wall Street is within striking distance of new all-time highs, as a powerful combination of artificial intelligence optimism, geopolitical easing,…
Brazil Central Bank sees inflation near target by 2027, trims 2025–26 forecasts
Brazil’s central bank expressed confidence in its capacity for keeping inflation close to the official target until the end of…
Donald Trump’s tariff deadline looms as India-US trade deal faces hurdles
Disagreements on import duties for auto components, steel, and farm goods have stalled trade talks between India and the US.…