Is America really getting rich off tariff revenue?
The United States is collecting more tariff revenue than at any time in its modern history. In July alone, it pulled in nearly $30 billion from customs duties. That follows…
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Israel’s Leviathan gas field secures historic $35B export deal with Egypt
NewMed, a partner in Israel’s Leviathan natural gas field, announced Thursday that the field has secured the largest export agreement in the nation’s history, a deal valued at up to…
Here’s why the AMD stock price crashed after earnings
AMD stock price crashed by over 6% in the extended hours after the blue-chip semiconductor company published mixed second-quarter results. It dropped to $163.25, down by nearly 10% from its…
Asian markets open: Japan’s Nikkei falls 0.12%, Sensex to open flat ahead of RBI policy
Asia-Pacific stock markets began Wednesday’s session with a mixed and cautious performance, as investors grappled with weaker-than-expected US economic data and a fresh tariff threat from US President Donald Trump,…
India’s IPO frenzy: why companies are rushing to raise $2.1B before Aug 12
A flurry of Indian companies is making a last-minute dash to the public markets, aiming to attract global investors in a rush of Initial Public Offerings (IPOs) before a key…
Coal-fired power declines as India leverages inventories
Despite an increase in electricity demand, Indian power plants have reduced their fresh coal purchases from state-run Coal India and are instead utilising their record-high inventories. This marks the fourth consecutive…
Europe markets open: Equities gain; focus on earnings, UK budget deficit concerns
European stock markets began Wednesday’s session on a positive note, with major indices rising as investors reacted to a fresh batch of corporate earnings reports. While concerns about the UK’s…
Honda Q1 operating profit halves, hit by Trump tariffs and strong Yen
Japanese automaker Honda Motor reported a steep decline in first-quarter operating profit on Wednesday, as the impact of new US auto tariffs and a stronger yen weighed on performance. Operating…
Glencore sticks with London listing, scraps NY plans as losses widen
Glencore has ruled out a shift of its primary listing to the United States, reaffirming its commitment to the London Stock Exchange despite the market’s recent struggles to retain large…
Asian stocks end mostly higher: Nikkei climbs 0.6%, CSI 300 jumps 0.24%
Asian stocks advanced broadly on Wednesday, buoyed by continued optimism around potential interest rate cuts by the US Federal Reserve and renewed hopes of progress in Sino-American trade relations. The…