The US dollar traded close to a four-month peak versus major peers while bitcoin extended its record rally as investors continued to pile into trades seen as benefiting from the incoming Donald Trump administration. The […]
Frankfurt/Mumbai (TIP)- Wall Street marched to record highs on Wednesday, Nov 6, and major stock markets around the world surged, while bitcoin also hit an all-time-high and the dollar was set for its biggest one-day […]
OpenAI has bought the domain chat.com. Clicking on it automatically routes you to the ChatGPT website. The AI giant’s CEO Sam Altman announced this on Thursday, November 7, 2024, by simply posting the URL on […]
Seol (TIP)- Hyundai Motor Group has outperformed Volkswagen Group to become the world’s second-largest automaker in terms of operating profit, industry data showed on Thursday, Nov 7. According to automotive industry data, Hyundai Motor Group […]
Pennsylvania (TIP)- Elon Musk claimed he can eliminate at least $2 trillion from the federal budget, laying out his vision for substantial government spending cuts if Donald Trump wins the presidency. “Your money is being […]
Bitcoin rose past $71,000 for the first time since June, bolstered by inflows into dedicated exchange-traded funds as well as speculation about potential outcomes from next week’s US election. The largest digital asset climbed more […]
BRUSSELS (TIP)- The European Central Bank cut interest rates for the third time this year on Thursday, saying inflation in the euro zone was increasingly under control while the outlook for the wider economy was […]
New York (TIP)- US consumer prices rose slightly more than expected in September, but the annual increase in inflation was the smallest in more than 3-1/2 years, potentially keeping the Federal Reserve on track to […]
Mumbai (TIP)- Mukesh Ambani, the chairman and managing director of Reliance Industries, retained the top spot on 2024 Forbes’ list of 100 richest Indian tycoons. This year India’s top 100 wealthiest cross a trillion dollar […]
California (TIP)- Meta CEO Mark Zuckerberg surpassed Jeff Bezos to become world’s second richest person as his net worth reached $206.2 billion, according to the Bloomberg Billionaires Index. With this, Mark Zuckerberg topped the $205.1 […]
New York (TIP)- Oil prices edged up on worries that the escalating conflict in the Middle East could threaten oil supplies from the world’s top producing region, but a large build in U.S. crude inventories […]
To curb speculative trading, markets regulator Sebi on Tuesday put in place a stricter framework for equity index derivatives by increasing the minimum contract size and mandating upfront collection of option premiums. Other measures announced […]
New York (TIP)- Global debt hit a record high of $312 trillion at the end of the second quarter, driven by borrowing in the United States and China, data from a banking trade group showed. […]
New Delhi (TIP)- Benchmark stock market indices continued their upward tick to hit a record high for the sixth session led by a rally in IT stocks. The S&P BSE Sensex added 67.47 points to […]
New Delhi (TIP)- Brookfield Asset Management Ltd. plans to add to the $13 billion it has already invested in Indian infrastructure, describing it as the “brightest spot” in emerging markets.“There’s no reason why we can’t […]
New York (TIP)- The US Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction since the pandemic, sharply lowering borrowing costs shortly before November’s presidential election. Policymakers voted […]
New York (TIP)- Underlying US inflation unexpectedly picked up in August on higher prices for housing and travel, undercutting the chances of an outsize Federal Reserve interest-rate cut next week. The so-called core consumer price […]
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