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…

Wall Street has a short memory. Just a couple of years ago, SPACs were synonymous with hype, lawsuits, and bankruptcies. Investors lost billions as early-stage companies rushed onto public markets through these blank-check vehicles, only to collapse within months. But in 2025, SPACs are staging a comeback. New listings are rising fast,…

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,…

Super Micro Computer (SMCI) stock price rose on Wednesday this week as investors moved back to artificial intelligence (AI) companies. SMCI jumped to a high of $46.6, its highest point since May 16, and 70% above its lowest level this year. AI stocks are bouncing backSuper Micro Computer, also known as…

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,…

Chipmakers across Asia rallied on Thursday after Nvidia’s stock closed at a record high, once again positioning the US-based tech firm as the world’s most valuable company. With its market capitalisation hitting $3.77 trillion, Nvidia surpassed Microsoft and triggered widespread momentum across the semiconductor sector in Japan, South Korea, and…

XRP spiked nearly 6% in a powerful late-session surge, establishing fresh technical support above the $2.20 mark for the first time in months. The move was driven by a 108.12 million XRP volume burst—nearly four times the hourly average—and was accompanied by whale transfers exceeding $497 million. Notably, despite the…