DBS turns bullish on Baidu, citing AI-driven cloud and robotaxi gains
DBS Group Research has upgraded Baidu to a buy rating, pointing to strong prospects for its autonomous driving and cloud…
US insists India must halt Russian oil purchases to secure a trade deal
A high-stakes and increasingly tense diplomatic standoff is underway between Washington and New Delhi, as a landmark trade deal between…
Commodity wrap: oil rebounds on sanction fears, gold holds highs, silver tops $45/oz
Oil prices were on track for its biggest weekly gain in three months, while gold eased from its record highs…
US stocks open higher: Dow up 200 points, S&P climbs 0.2%
US stocks edged higher on Friday after the release of closely watched inflation data that met expectations and reinforced bets…
US core PCE inflation holds at 2.9% in August as Fed weighs further rate cuts
The Federal Reserve’s preferred inflation gauge showed little progress in August, a trend that is expected to keep the central…
Canada’s economy posts 0.2% growth in July, easing recession fears
Canada on Tuesday reported that gross domestic product rose 0.2% monthly in July, snapping a three-month streak of decline and…
SovEcon lowers Russian wheat export outlook for 2025-26 season
SovEcon, a leading agricultural consultancy, has announced a downward revision of its forecast for Russia’s wheat exports during the 2025-26…
US consumer sentiment drops in September, but wealthier households stay steady
US consumer sentiment weakened in September, underscoring households’ unease over persistent inflation and a softer labour market outlook. The University…
Paccar shares rise after Trump announces tariffs on foreign heavy-duty trucks
Shares of US truck manufacturer Paccar climbed on Friday after President Donald Trump announced new tariffs on foreign-made heavy-duty trucks.…
What Trump’s Ukraine reversal means and what’s next for the country
The war in Ukraine has been dragging a long for more than 3 years now. Early in his days in…