Software stocks are showing early signs of recovery after months of heavy selling, with analysts debating whether the sector has reached a lasting bottom.The S&P 500 software index logged its strongest weekly performance since May 2025 last week, while the iShares Expanded Tech-Software Sector ETF (IGV) has rebounded about 10%…
Chinese e-commerce giant JD.com has launched a new online retail platform in Europe as it accelerates its global expansion strategy and seeks new growth opportunities beyond its fiercely competitive domestic market.The Beijing-based company on Monday introduced Joybuy, an online shopping platform that will operate across six European markets: the United…
Nearly one-third of domestic digital payment transactions in India are now credit-driven, executed through credit cards or EMI-based financing, according to a study analysing transactions across more than 20,000 merchants.The finding reflects a broader shift underway in how Indian households manage money. Credit, once associated largely with buying homes or…
US stocks opened higher on Monday as Wall Street attempted to rebound from a difficult week, while oil prices retreated after a sharp rally driven by escalating tensions in the Middle East.The Dow Jones Industrial Average climbed 305 points, or 0.66%, while the S&P 500 gained 0.9%. The Nasdaq Composite…
After rising 2.3% in January, Canada’s Consumer Price Index (CPI) increased 1.8% year over year in February, pointing to easing price pressures.The slowdown in annual inflation largely reflects base-year effects.According to Statistics Canada, the main factor behind the lower headline CPI was price increases recorded in February 2025, when the…
European financial markets saw a mix of developments on Monday as investors navigated easing oil prices, corporate deals, and significant business disruptions across the region. The pan-European STOXX 600 rebounded after early losses as crude prices pulled back, offering relief to markets rattled by the escalating Middle East conflict. Meanwhile,…
US stocks closed higher on Monday as investors returned to equities after several weeks of pressure linked to the escalating Iran conflict, while oil prices declined from recent highs.The Dow Jones Industrial Average gained 387.94 points, or 0.83%, to close at 46,946.41. The S&P 500 rose 1.01% to 6,699.38, marking…
Global markets opened on Tuesday, navigating a mix of monetary tightening, geopolitical tensions, and rapid advances in the AI space.Australia’s central bank pushed interest rates higher as inflation risks persist, while oil prices surged amid uncertainty around the US-Iran war.In technology, Samsung and Nvidia signalled deeper collaboration in AI chip…
The Hang Seng Index rose for two consecutive days after the recent strong Chinese macro data and as investors waited for some notable Chinese earnings. It also rose as it mirrored the performance of American equities. It has now risen by 5% from its lowest level this month, with focus shifting…
Bright Smart stock (HKG: 1428) surged over 82% on Tuesday after Ant Group said it had completed the required mainland Chinese reporting procedures for the acquisition.The announcement removes a major overhang on a deal that investors had been watching for months.The stock later pared some gains and was trading at…