China and the United Kingdom moved cautiously toward rebuilding their relationship on Thursday, with President Xi Jinping telling Prime Minister Keir Starmer that Beijing was willing to develop a long-term strategic partnership after years of diplomatic strain and mistrust.The remarks came during Starmer’s four-day visit to China, the first by…
Deutsche Bank reported record profits in the fourth quarter of 2025, beating market expectations as strong performance in its investment bank and asset management businesses offset slower corporate activity and lingering regulatory scrutiny.According to its earnings statement on Thursday, Deutsche Bank posted net profit attributable to shareholders of 1.3 billion…
The latest earnings season has sharpened a new rule in the technology sector: investors are willing to tolerate unprecedented spending on artificial intelligence only when it clearly translates into accelerating growth. The contrasting market reactions to Meta Platforms and Microsoft this week show how unforgiving that test has become.Both companies…
Toyota Motor retained its position as the world’s top-selling automaker in 2025, reporting record vehicle sales despite ongoing disruption from US tariffs and intensifying global competition.The Japanese carmaker said on Thursday that sales of Toyota and its Lexus luxury brand rose 3.7% from a year earlier to 10.5 million vehicles.…
Oil prices extended their gains on Thursday on the back of simmering geopolitical tensions and concerns about the loss of supply. Concerns about a possible US military strike on Iran, OPEC’s fourth-largest producer with an output of 3.2 million barrels per day, caused Brent oil futures prices to surge on Thursday,…
On Thursday, global markets and geopolitics were shaped by a mix of accelerating artificial intelligence investment, volatile Asian equities, renewed UK-China diplomacy, and a powerful rally in commodities. OpenAI funding signals acceleration in AI arms raceOpenAI, the creator of ChatGPT, is on track to raise tens of billions of dollars…
Gold prices continued to surge to new record highs as the yellow metal cleared $5,600 per ounce on Thursday. Gold had surged past the $5,000 threshold for the first time this Monday, marking a weekly gain of over 10%. This rally is attributed to a combination of strong factors: robust safe-haven investment,…
SK Hynix has overtaken Samsung Electronics in operating profit for the first time, marking a shift in South Korea’s semiconductor hierarchy as artificial intelligence reshapes the memory market. The crossover became clear this week when the two rivals reported earnings on consecutive days. SK Hynix’s results highlighted how leadership in…
India and the European Union signed a long-awaited free trade agreement on Tuesday, billed by officials as the “mother of all deals”, prompting renewed scrutiny of how — or whether — the pact alters Washington’s approach to its own stalled trade negotiations with New Delhi.The timing of the landmark trade…
Deutsche Bank reported record profits in the fourth quarter of 2025, beating market expectations as strong performance in its investment bank and asset management businesses offset slower corporate activity and lingering regulatory scrutiny.According to its earnings statement on Thursday, Deutsche Bank posted net profit attributable to shareholders of 1.3 billion…