Putin’s war economy gamble: how long can Russia sustain the cost?
Russia’s economy has not collapsed under pressure. At least not yet. GDP still grows. Wages have risen. Western sanctions failed…
Wells Fargo shares rise as asset cap removal sparks deposit and trading boost
The US Federal Reserve has removed a long-standing asset cap on Wells Fargo & Co., ending one of the harshest…
Gold’s technical setup indicates bullish outlook as traders await economic cues
Fueled by a softening dollar and renewed trade friction between the US and China, gold prices saw an uptick Wednesday,…
Iran rejects US nuclear offer as uranium standoff deepens
Ayatollah Ali Khamenei, Iran’s Supreme Leader, asserted on Wednesday that halting uranium enrichment is definitively against the nation’s interests, according…
Needham downgrades Apple on weak iPhone cycle, AI lag and overvaluation concerns; share falls
Apple Inc. extended its slide in early trading on Wednesday, after investment firm Needham became the latest to downgrade the…
CrowdStrike stock sinks as forecast disappoints and IT outage impact lingers
CrowdStrike Holdings Inc. shares slid almost 6% on Wednesday, after the cybersecurity firm forecast revenue for the current quarter that…
Mexico signals possible countermeasures next week if no steel tariff deal is reached
Mexico will announce new measures next week if no agreement is reached regarding the recently increased tariffs on steel and…
Bank of Canada holds rate at 2.75%, but eyes July cut amid rising trade tensions
The Bank of Canada (BoC) left its key interest rate constant at 2.75% on Wednesday, pausing for the second time…
Singapore’s cross-border interconnections set to unlock 25 GW of new renewable capacity, says Rystad
Singapore, which has historically depended on gas for its energy supply, is now exploring regional grid connections. The strategy primarily…
Vietnam firms to sign $2B deal for US agricultural products
The Vietnamese Agriculture Ministry announced on Tuesday that domestic companies plan to sign memorandums of understanding with US partners to…