Business
CME Group launches Avalanche and Sui futures trading
CME Group on Wednesday announced that the first block trades of its new Avalanche and Sui futures contracts have been executed, marking…
Category: Business
Business
Nikkei 225 hits 62,000 for first time amid AI rally
Japan's Nikkei 225 surged past the 62,000 level for the first time on Thursday, rising 4.18% as Asian markets rallied on a…
Business
Uber posts strong Q1 as hotel bookings launch via Expedia
Uber is pushing deeper into the travel industry, launching hotel reservations directly within its app through a partnership with Expedia Group that…
Business
Gold, silver rally as U.S.-Iran deal hopes send oil plunging
Gold rallied more than 3% on Wednesday, climbing above $4,700 an ounce for the first time in over a week, while silver…
Business
TSMC stock hits 52-week high as AI chip demand surges
Shares of Taiwan Semiconductor Manufacturing Company climbed sharply on Wednesday, touching a new 52-week high as the world's largest chipmaker continued t...
Business
Iran war sends China’s manufacturing costs surging
Weeks of U.S.-Israeli strikes on Iran and the effective closure of the Strait of Hormuz are sending shockwaves through China's factory heartland,…
Business
Sweden, India cut growth forecasts as Middle East war raises energy costs
The economic fallout from the ongoing conflict involving Iran is reverberating through national forecasts worldwide, as governments and rating agencies fro...
Business
Samsung ends TV and appliance sales in China after 34 years
Samsung Electronics confirmed on Wednesday that it will cease sales of all home appliance and television products in mainland China, formally ending…
Business
Global economy holds up despite Hormuz crisis, but delayed pain looms
As the Iran conflict enters its third month with no resolution in sight, economists and research firms are increasingly warning that a…
Business
Surging global fuel prices put return-to-office mandates under pressure
As fuel prices surge worldwide in the wake of the US-Iran conflict that has disrupted oil flows through the Strait of Hormuz,…