PM Modi and President Trump affirm strong India-US partnership
Indian Prime Minister Narendra Modi extended congratulations to U.S. President Donald Trump on his historic second term in office, emphasizing the importance of their bilateral...
Month : January 2025
Economic slowdown in China fuels calls for stronger fiscal measures
China’s economic activity unexpectedly contracted in January 2025, marking a challenging start to the year for the world’s second-largest economy. Official data from the National...
Trump calls for immediate rate cuts as Fed meeting approaches
The Federal Reserve is expected to keep interest rates steady at the conclusion of its two-day meeting on Jan. 29, signaling a cautious approach as...
Nvidia shares fall 14 percent as DeepSeek sparks AI competition fears
Nvidia shares dropped 14% in premarket trading on Monday, leading a widespread sell-off in global technology stocks after Chinese AI startup DeepSeek revealed advancements that...
Bitcoin drops 5 percent erasing $5,000 in a sudden price slump
Bitcoin (BTC) experienced a sharp price drop early this week, losing 5% of its value and shedding $5,000 per token. The decline triggered over $130...
Trump imposes 25% tariff on all Colombian imports over migrant row
U.S. President Donald Trump announced on Sunday that a 25% tariff will be imposed on all goods imported from Colombia, marking a sharp escalation in...
Financial sector poised for crypto integration after SEC’s SAB 121 reversal
In a pivotal decision, the U.S. Securities and Exchange Commission (SEC) has rescinded Staff Accounting Bulletin (SAB) No. 121, eliminating a significant barrier for banks...
Novo Nordisk reveals obesity drug with up to 22 percent weight loss
Novo Nordisk shares surged 6.87% to $86.67 on Friday morning following the release of promising trial results for its new obesity treatment, amycretin. The company...
Japan raises interest rates to 0.5 percent amid inflation concerns
The Bank of Japan (BOJ) raised its benchmark interest rate by 25 basis points to 0.5% on Friday, marking the highest level since 2008. The...
US home sales stall as mortgage rates hit highest level since 2024
US Mortgage rates have climbed back above the 7% threshold, stalling the U.S. housing market at the start of 2025. The average rate for a...