Legendary investor Warren Buffett’s iconic warning from his 1983 shareholder letter – likening major reinvestment in weak industries to “struggling in quicksand” – remains a cornerstone of Berkshire Hathaway’s capital discipline.In 2025, as speculative fervor returns to global markets, Buffett’s refusal to chase structurally flawed sectors offers a sobering counterweight.His…
A day of significant global developments is underway, as North Korean leader Kim Jong Un arrives in China for a rare and highly symbolic summit, India’s market regulator moves to curb speculation, and the price of Russian oil continues to fall for its key Asian buyers. This flurry of activity…
A fragile and deceptive calm has settled over Asian markets, as a holiday in the United States mutes global trading volumes. But beneath this quiet surface, a deep and palpable tension is building. The market is now entering a pivotal and historically treacherous three-week period, a gauntlet of high-stakes economic…
A wave of profound uncertainty has sent European markets into a sharp retreat at the open on Tuesday, as a bombshell US court ruling plunged the global trade landscape into chaos. The cautious optimism that began the new trading month has evaporated, replaced by a risk-off mood as investors grapple…
The UK bond market has sent a powerful and painful warning shot across the bow of Prime Minister Keir Starmer’s government, as the yield on long-dated debt surged to its highest level in more than a quarter of a century. The dramatic move, part of a global sell-off, is tightening…
Gazprom, Russia’s state-owned gas company, has agreed to a slight increase in gas supplies to China through an existing pipeline. Additionally, a memorandum was signed for the construction of the large-scale Power of Siberia 2 pipeline, according to state news agencies. However, the prices for these supplies to China are lower than…
Nestle’s shares dropped nearly 3% as the markets opened on Tuesday after the Swiss food and beverage giant dismissed its chief executive, Laurent Freixe, following an internal probe into an undisclosed relationship with a subordinate.However, the stock was able to recover some losses by 10 am, and was down by…
Tuesday saw both the Japanese yen and sterling fall, reflecting increased investor concern regarding government finances. This enabled the dollar to recover some ground after five days of decline, Reuters said in a report.Mounting concerns in the global financial landscape led to renewed pressure on bond markets, particularly evident in…
Euro-area inflation edged higher in August, reinforcing expectations that the European Central Bank (ECB) will keep interest rates unchanged at its meeting next week.Data released Tuesday showed consumer prices rose 2.1% year-on-year, up slightly from 2% in July, according to Eurostat. As per a Reuters poll, economists expected the rate…
More American workers are testing positive for fentanyl in randomised workplace drug screenings, a report by The Wall Street Journal said, which brings to the fore the persistent challenges the opioid epidemic poses for employers.The rate of positive urine tests for fentanyl reached 1.13% in 2024, up from 0.91% in…