Finance News

Dollar-Denominated Asset Sell-Off Signals Long-Term Shift, Investors Warn

A growing number of large institutional investors are reducing exposure to U.S. assets, pointing to concerns over erratic policy-making and geopolitical tensions. Analysts suggest this could mark the start of a broader, long-term reallocation of global capital flows away from the United States. Major Investors Reallocate Away from U.S. Large money managers, including pension funds […]

What the Turmoil in Asian Currencies Tells Us

Recent turbulence in Asian currency markets offered a preview of the volatility that might accompany a second Trump administration. Although we’re not in full-blown crisis mode, the movements signal rising tail risks and geopolitical tensions that investors should not ignore. A Sudden Spike in the Taiwanese Dollar This week, the Taiwanese dollar stunned markets with […]

India’s ABB Posts Modest Profit Rise on Steady Demand

Bangalore, May 9 (Reuters) – ABB India Ltd (ABB.NS), the Indian arm of Swiss engineering giant ABB Ltd (ABBN.S), reported a modest 3.3% rise in its first-quarter profit on Friday, buoyed by consistent demand across its electrification and motion segments, despite broader economic uncertainties and inflationary pressures in global markets. Steady Profit Growth in Q1 […]

Brazil’s Gol Airlines Hits Record Low After Capital Increase Proposal

Shares of Gol Linhas Aereas Inteligentes SA plunged to a record low on Friday following a proposed capital increase aimed at pulling the Brazilian airline out of Chapter 11 bankruptcy protection. Stock Plummets to All-Time Low Gol’s shares sank 40% at the market open in São Paulo, trading at just 0.71 reais—its lowest price since […]

U.S. Stocks Rise as Investors Eye China Trade Talks

U.S. stocks opened higher on Friday as traders considered President Donald Trump’s comments suggesting that an 80% tariff on China might be justified, just as negotiations between the two countries are set to begin on Saturday. Market Overview At 9:36 AM in New York, the S&P 500 rose by 0.4%, while the Nasdaq 100 increased […]

UK Mobile Market Faces Disruption as Octopus and Revolut Enter the Scene

After revolutionising the energy and banking sectors, Octopus and Revolut are now setting their sights on the UK mobile telecommunications market — a move that could reshape an industry long dominated by a handful of players. Fintech Giants Step into Mobile Revolut announced plans this week to launch a comprehensive mobile package in both the […]