Even as the Nasdaq 100 sails to new all-time highs, investors have no reason to believe the booming tech trade is about to run out of steam. According to a new report from global financial services firm UBS, the artificial intelligence party is still just getting started, and accelerating AI…

European stock markets started Thursday’s session mostly higher, with investors digesting a landmark decision from NATO to increase defense spending targets, while also keeping a watchful eye on the fragile ceasefire between Israel and Iran. Fresh economic data from Germany showed a slight dip in consumer confidence, and in the…

Taiwan’s currency surged to its strongest level in three years on Thursday, buoyed by robust foreign inflows into its stock market and widespread weakness in the US dollar. The Taiwan dollar appreciated as much as 0.7% to 29.15 per US dollar, outperforming most Asian currencies in the session.According to Bloomberg,…

The euro has weakened by 0.5% against the US dollar, making it a mid-tier performer among G10 currencies in a climate of broad-based dollar strength, according to Scotiabank’s Chief FX Strategists Shaun Osborne and Eric TheoretThis movement reflects fading market expectations for further dovish action from the European Central Bank…

Australia and New Zealand are now the world’s biggest per-capita users of cocaine, according to the United Nations Office on Drugs and Crime (UNODC), as global drug use reached an all-time high in 2023. The findings come from the UN’s World Drug Report 2025, which also shows cocaine production, seizures,…

Indonesia’s top official for an international initiative stated on Thursday that the US’ withdrawal from a collaborative effort aimed at assisting developing nations in transitioning away from coal will have a minimal effect on Indonesia, according to a Reuters report.The US made a significant policy shift this year by withdrawing…

US shale oil production is unlikely to experience upside as West Texas Intermediate crude prices stay pressured near the mid $60 per barrel. The accelerating unwinding of production cuts by the Organization of the Petroleum Exporting Countries and allies is adding further barrels into the market, weighing on sentiments. According to Rystad…

The global fight between Eli Lilly and Novo Nordisk for dominance in the red-hot weight-loss drug market is shifting to India, one of the fastest-growing pharmaceutical frontiers. As rising obesity and diabetes rates collide with expanding middle-class incomes, the country is becoming a pivotal battleground for the two drugmakers.On Thursday,…