A day of significant global developments is underway, as Argentina’s finance chief touts a powerful US backstop for his nation’s battered currency, a major new company makes a strong debut on the booming Indian stock market, and Canada embarks on a delicate diplomatic mission to Asia.Here’s your one-stop stand to…
China’s refinery runs hit its highest levels this year during September, which led to a rise in oil imports by 3.9% compared to the same month last year. The Asian giant purchased 47.25 million metric tons of crude oil last month, according to data from the General Administration of Customs. The…
A curious and perhaps fragile sense of optimism is gracing European markets at the start of a new trading week, with stocks opening firmly in the green as investors choose to look past a fresh and bitter trade dispute brewing between the United States and China. This bullish start is…
Despite an extraordinary show of financial backing from the United States for President Javier Milei’s libertarian reform agenda, Argentina’s upcoming October 26 elections have emerged as the primary risk to the country’s current market surge. Investors remain concerned that Washington’s support alone would not ensure political stability or public favour…
Shares of Xiaomi Corp dropped as much as 8.7% to HK$47.5 on Monday, hitting their lowest level since April 30, after reports of a fatal crash involving one of its electric vehicles in China. The decline marked the steepest single-day drop since April before the stock pared some losses. Xiaomi…
The Royal Swedish Academy of Sciences announced the winners of the 2025 Nobel Prize in Economics on Monday.This year’s Nobel Prize in Economics will be awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for their groundbreaking work on innovation-driven economic growth.The trio was honoured for their exceptional contribution to…
French media giant Canal+ is moving ahead with its plan to delist MultiChoice from Johannesburg’s stock exchange and secure a secondary listing in South Africa, a move aimed at deepening its footprint in Africa’s fast-growing pay-TV and streaming market.According to Bloomberg, Canal+ confirmed that the delisting of MultiChoice Group Ltd.…
A curious and perhaps fragile sense of optimism is gracing European markets at the start of a new trading week, with stocks opening firmly in the green as investors choose to look past a fresh and bitter trade dispute brewing between the United States and China. This bullish start is…
When South Korea’s pandemic-hit film industry seemed cornered by falling box-office sales and soaring budgets, an unexpected revival arrived through technology. Bloomberg reports that King of Kings—a modestly budgeted animated film produced by Seoul-based Mofac Studios—defied all odds to become a global success. Released in the US around Easter, the…
Despite an extraordinary show of financial backing from the United States for President Javier Milei’s libertarian reform agenda, Argentina’s upcoming October 26 elections have emerged as the primary risk to the country’s current market surge. Investors remain concerned that Washington’s support alone would not ensure political stability or public favour…