Thailand’s export growth slowed sharply in August as US tariffs and a stronger baht began straining demand for key products. The Commerce Ministry reported a 5.8% rise in exports, the weakest pace in almost a year and below the 7% forecast by Bloomberg. At the same time, imports surged 15.8%,…
Europe markets opened lower on Wednesday as weak economic data and cautious comments from US Federal Reserve Chair Jerome Powell dragged sentiment, extending overnight losses from Wall Street and Asia.The downtrend marked the middle of the week with markets showing little appetite for dip-buying despite selective sector gains.The FTSE 100…
Eli Lilly’s chief executive Dave Ricks has delivered a stark warning to the UK government, branding Britain “probably the worst country in Europe” for drug prices and cautioning that the nation could miss out on new medicines unless conditions improve.Speaking to the Financial Times, Ricks said the UK’s system of…
The European gas market has seen a slight dip in benchmark prices, with the TTF benchmark falling to EUR 32 per MWh. “This was probably due to the news that Norway is exporting more gas to the EU via pipeline again after supplies were significantly reduced for a good three weeks…
Shares of Lithium Americas surged by almost 60% in premarket trading on Wednesday after a Reuters report that the Trump administration is seeking an equity stake of up to 10% in the Canadian miner. The stake would be tied to renegotiations of a $2.26 billion US Energy Department loan for…
Germany is positioning itself as a secure destination for Indian professionals, highlighting its predictable migration policies and economic demand for skilled labour. The move comes after US President Donald Trump introduced a $100,000 fee on new H-1B visa applications, a change that directly affects Indian workers who make up around…
Super Typhoon Ragasa battered Hong Kong, forcing closures and chaos as winds topped 200 km/h, flooding streets and snapping trees.Meanwhile, US President Trump signaled a more self-focused diplomacy at the UN, tech giants launched a $500 billion AI push, and Asian markets opened sharply lower amid global economic jitters.A glance…
Alibaba stock jumped nearly 8% in pre-market trading on Wednesday, a sudden spike that grabbed the attention of investors amid broader hopes for the Chinese tech sector.The rally puts Alibaba close to its highest levels in years, fueled by news of big moves in artificial intelligence and cloud services.It’s been…
Thailand’s export growth slowed sharply in August as US tariffs and a stronger baht began straining demand for key products. The Commerce Ministry reported a 5.8% rise in exports, the weakest pace in almost a year and below the 7% forecast by Bloomberg. At the same time, imports surged 15.8%,…
Europe markets opened lower on Wednesday as weak economic data and cautious comments from US Federal Reserve Chair Jerome Powell dragged sentiment, extending overnight losses from Wall Street and Asia.The downtrend marked the middle of the week with markets showing little appetite for dip-buying despite selective sector gains.The FTSE 100…