Crude oil futures traded flat on Thursday morning, despite markets fears that recent trade tariff announcements by US President Donald Trump could impact the global economy.
At 9.56 am on Thursday, September Brent oil futures were at $70.23, up by 0.06 per cent, and August crude oil futures on WTI (West Texas Intermediate) were at $68.37,
» Read more about: Crude oil futures flat despite Trump tariff concerns »
Bitcoin (BTC), the world’s oldest and most valued crypto, managed to touch a new all-time high (ATH) early Thursday, crossing the $112,000 mark for the first time ever, largely driven by the US FOMC showing support for a rate cut this year. The US dollar index also dropped to its weakest level in 21 years,
The US imposed sanctions on Wednesday on the United Nations special rapporteur for Palestine, Francesca Albanese.
The sanctions follow Albanese’s scathing report on 30 June in which she named over 60 companies, including major US technology firms like Google, Amazon and Microsoft, which she said were involved in “the transformation of Israel’s economy of occupation to an economy of genocide”.
In July 2023, Reliance Group’s Jio Financial Services (JFS) and BlackRock Financial Management Inc. announced the creation of a 50:50 joint venture.
On 3 October 2024, the capital market regulator gave its in-principle approval to the setup of Jio BlackRock Mutual Fund.
Consequently, on 28 October 2024,
» Read more about: Jio BlackRock mutual fund: All you need to know »
Russian authorities have confiscated assets worth some US$50 billion over the past three years, underscoring the scale of the transformation into a “fortress Russia” economic model during the war in Ukraine, research showed on Wednesday.
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The conflict has been accompanied by a significant transfer of assets as many Western companies fled the Russian market,
Stocks have experienced a wild 2025, plunging following President Donald Trump’s tariff announcement in April, but have since surged to new highs.
Federal Bank has elevated its group president and chief financial officer, Venkatraman Venkateswaran, as executive director, following approval from the Reserve Bank of India (RBI) for a three-year term starting July 10. The 59-year-old Chartered Accountant will first assume charge as additional executive director, pending shareholder approval at the upcoming AGM or within three months,
» Read more about: Federal Bank CFO Venkatraman Venkateswaran elevated to executive director »
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Many across Wall Street have remained bullish even as President Donald Trump fans the flames of the trade war again this week, but Barry Bannister, chief equity strategist at Stifel, isn’t feeling as upbeat.
While banks including Goldman Sachs and Bank of America raised their S&P 500 year-end targets on Tuesday,
A rally in big tech stocks led the broader market to a higher close Wednesday, lifting the Nasdaq to an all-time high and helping Wall Street claw back most of its losses from earlier in the week.
The S&P 500 rose 0.6% for its first gain this week. The benchmark index remains near the record it set last week after a better-than-expected U.S.
» Read more about: Gains for tech stocks push Nasdaq to another record »
