Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company's long-awaited AI enhancements to rejuvenate sluggish iPhone sales. The company has pulled ahead of Nvidia and Microsoft in the race to the monumental milestone, thanks to an
Shares in London-Listed Georgian banks fell on Friday, as traders reacted to Thursday’s news that the Georgian government would suspend talks on European Union accession and refuse budgetary grants until 2028. TBC Bank was down 7.4 per cent by 1030 GMT, at the bottom of the FTSE 350, while B
The U.S. Securities and Exchange Commission has issued a summons to Indian billionaire Gautam Adani, indicted on U.S. bribery allegations related to a bombshell federal indictment against him, a court filing showed. The SEC is suing the head of the Adani Group and his nephew
Asian equities fell on Thursday after AI darling Nvidia disappointed investors with a subdued revenue forecast, while the dollar firmed and bitcoin hit a record high in anticipation of US President-elect Donald Trump's proposed policies. Prevailing geopolitical concerns following the escalating co
The US dollar and bond yields held near multi-month peaks on Monday on expectations the Federal Reserve would slow its pace of easing, while global shares were mostly lower, with investors waiting for Nvidia's earnings release later in the week. US President-elect Donald Trump's new administration
Nissan Motor shares jumped as much as 6 per cent in early Tokyo trading on Friday after Japan's Diamond Online magazine reported that activist investor Oasis Management had taken a stake in the automaker. Nissan's shares had also jumped on Tuesday after a filing showed an entity related to activis
Shares in Samsung Electronics, the world's top memory chip maker, fell on Wednesday to their lowest level in more than four years amid worries about the impact of US tariffs under a new Donald Trump administration, analysts said. The South Korean tech giant is the worst performing stock among glob
A single post on Truth Social helped boost the shares of Trump Media and Technology Group, adding a half billion dollars to the net worth of US President-elect Donald Trump as a result, according to CNN and Reuters. Donald Trump’s social media stock had been sinking fast after a short-lived,
Asian stocks rose broadly on Friday, tracking Wall Street's overnight rise to record highs, as investors digested the Federal Reserve's message for careful interest rate cuts even with expectations for big fiscal spending under incoming President Donald Trump. US Treasury yields pushed to new lows
Wall Street tore to record highs on Wednesday and major stock markets around the world surged, while bitcoin hit an all-time-high and the dollar was set for its biggest one-day jump in four years after Donald Trump was elected US president. Trump's decisive victory pummelled long-dated Treasuries
S&P 500 futures touched a record high in sharp and broad-based rally on Wednesday after Republican Donald Trump claimed victory in the US presidential election. Fox News projected that he had defeated Democrat candidate Kamala Harris although other news outlets are yet to call the race for Trump.
Saudi oil giant Aramco on Tuesday reported a 15.4 per cent drop in third-quarter profit due to lower crude prices and weaker refining margins, but maintained its generous dividend at $31.1 billion for the quarter. Aramco posted net income of $27.6 billion in the three months to Sept. 30, which sti
Japanese stocks rose on Monday as the yen careened to a three-month low after Prime Minister Shigeru Ishiba's coalition lost its parliamentary majority in a drubbing in Sunday's election, raising uncertainty over the path for policy and the economy. Ishiba's Liberal Democratic Party (
