Asian stocks fell on Monday, weighed down by escalating geopolitical tensions and fresh trade friction between the US and China.
Hong Kong’s Hang Seng Index (^HSI) led regional losses, sinking 2.2% as renewed sparring between Beijing and Washington spooked investors.
Markets in mainland China were closed for a public holiday,
Stock Market Holidays In June 2025: Indian stock market indices Bombay Stock Exchange (BSE), and National Stock Exchange (NSE) will remain shut for nine days in June, all of them fall on weekends. Trading insync with market availability aids in avoiding misteps in investment strategies.
According to the NSE holiday calendar,
Gold Price Today: Gold prices on India’s Multi Commodity Exchange (MCX) jumped nearly 2 per cent on Monday, 2 June 2025, as investors moved back to safe-haven assets due to heightened geopolitical tensions and trade war worries.
Gold futures of the 5 June 2025 contract jumped 1.7 per cent or ₹1,630 per 10 grams to hit an intraday high of ₹97,505 per 10 grams on Monday’s commodity market session,
Riyadh – The board members of Miahona Company recommended cash dividends valued at SAR 160.92 million to shareholders for 2024, according to a bourse disclosure.
The Saudi firm will pay out a dividend of SAR 0.10 per share, equivalent to 10% of the share’s nominal value, for 160.92 million eligible shares.
» Read more about: Saudi: Miahona to pay $43mln cash dividends for 2024 »
US, a global spotlight for tourists around the globe, is witnessing decline in both inbound and outbound visitors following tariff tension and political rhetoric around various issues.
The present crisis in tourism sector is a stark reminder that global perceptions matter and with international travellers shunning the US and domestic tourists tightening their belts,
» Read more about: America's Tourism Crisis: Global Travellers Shun US Over Political Chaos »
Some senior Tesla executives were alarmed last year when Elon Musk denied a Reuters report that the company had killed a planned all-new $25,000 EV that investors had expected to drive explosive vehicle sales growth, according to people familiar with the matter.
“Reuters is lying,” Musk had posted on X,
Both of these AI-fueled tech sector leaders are producing great financial results, but the market has drastically different price outlooks for them.
Artificial intelligence (AI) has been the driving force behind the stock market’s gains since the bottom of the recent bear market in October 2022. Breakthroughs in generative AI’s capabilities created a lot of excitement about the potential of new uses for AI within businesses.
» Read more about: Palantir vs. Alphabet Stock: Wall Street Says Buy One and Sell the Other »
Asian stocks fell on Monday, weighed down by escalating geopolitical tensions and fresh trade friction between the US and China.
Hong Kong’s Hang Seng Index (^HSI) led regional losses, sinking 2.2% as renewed sparring between Beijing and Washington spooked investors.
Markets in mainland China were closed for a public holiday,
Photo-Illustration: Intelligencer; Photo: Getty Images
On April 2nd, which he dubbed “Liberation Day,” President Trump announced that he would impose punishing, so-called reciprocal tariffs on about 90 countries. Soon after, I spoke with Wedbush Capital analyst Dan Ives, who warned that the U.S.
» Read more about: Why Wall Street Is Unfazed by Trump’s Tariff Chaos »