Constellium CEO warns 50% aluminum tariff hike could backfire
Aluminum stocks are in focus this morning after President Donald Trump announced plans to raise tariffs on aluminum imports from 25% to 50%, citing a need to protect American producers…
Brazil’s Cemig shares hold ground as bullish momentum persists despite minor setback
Brazil’s Cemig (Companhia Energética de Minas Gerais), a major electricity provider, is on a solid rising trend, backed by consistent purchase pressure until 2025.According to local media outlet InfoMoney, following…
Bristol Myers CEO explains why he’s spending billions on BioNTech deal
Bristol-Myers Squibb Co (NYSE: BMY) is inching up on Monday after announcing an $11 billion deal with BioNTech SE (Nasdaq: BNTX) aimed at transforming cancer treatment.The pharmaceutical behemoth announced the…
Here’s why private equity stocks like Blackstone, KKR, Apollo have crashed
Top private equity stocks have plunged this year as concerns about the industry remain. Apollo Global stock price was trading at $130.5 on Monday, down by 30% from its highest…
Nifty 50 Index patterns point to more gains ahead of RBI rate cut
The Nifty 50 Index has wavered in the past few weeks as investors book profits following the recent surge. It jumped to ₹25,110 in May, up by over 15% from…
Singapore’s cross-border interconnections set to unlock 25 GW of new renewable capacity, says Rystad
Singapore, which has historically depended on gas for its energy supply, is now exploring regional grid connections. The strategy primarily involves utilising subsea cables to establish links between national grids, thus…
European markets open: Stoxx 600 turns lower amid tariff jitters; German DAX, UK FTSE -0.1%
European stock markets experienced a reversal in early trading on Tuesday, with the pan-European Stoxx 600 index turning lower after an initially positive start. The renewed caution among investors was…
Vietnam firms to sign $2B deal for US agricultural products
The Vietnamese Agriculture Ministry announced on Tuesday that domestic companies plan to sign memorandums of understanding with US partners to purchase $2 billion in American agricultural goods, according to a…
Here’s why South Korea’s KOSPI Composite Index is soaring
The KOSPI Composite Index has embarked on a strong rally in the past few months as South Korean shares surged. The index, which tracks the biggest South Korean companies, rose…
Asian markets close: Hong Kong leads gains, Nikkei flat; Sensex falls over 630 pts
Asia-Pacific stock markets concluded Tuesday’s trading session with a varied performance as investors digested a sharp contraction in China’s manufacturing activity and continued to grapple with the implications of escalating…