Chinese stock traders unwound leveraged positions at the fastest pace since the 2015–2016 market crash on Friday, as fears that the AI-driven rally had become overstretched triggered a global equities rout.
Chinese stock traders unwound leveraged positions at the fastest pace since the 2015–2016 market crash on Friday, as fears that the AI-driven rally had become overstretched triggered a global equities rout.
New US and Congolese travel restrictions aimed at keeping Ebola from spreading across borders are drawing warnings from aid organizations and medical experts who say the measures could undermine efforts to control the world’s fastest-growing outbreak of the virus.
Venezuela’s official death toll from the twin earthquakes that struck the country on June 24 rose to 5,208, according to the latest figures released on Sunday by National Assembly President Jorge Rodríguez.
Brent crude jumped after the US and Iran escalated hostilities, including the targeting of vessels attempting to transit the Strait of Hormuz and an attack on a key oil facility in Kuwait over the weekend.
Oil climbed to the highest level in more than a month and bonds fell as US and Iranian attacks escalated, renewing inflation concerns. Stocks edged up after a technology-led selloff rattled markets last week.
Emerging-market currency volatility has dropped to the lowest since the start of year and that’s re-energizing carry trades, particularly those involving Latin America that are seen to offer the juiciest returns.
Shares of most Chinese solar and major battery makers rose on Monday after Beijing unveiled a consumption tax on solar cells and lithium batteries, raising hopes it will hasten industry consolidation, particularly in the oversupplied solar sector.
A new and growing market for weight-loss drugs in India is expected to be a bright spot for pharmaceutical firms like Cipla Ltd. and Dr Reddy’s Laboratories Ltd., while they face headwinds in the US market.
A closely-watched gauge of China’s copper market has risen to the highest in more than a year, as a tax shake-up in the metal’s biggest market spurs a shortage of scrap and boosts demand for imports.
Argentina's coach Lionel Scaloni expressed deep sadness after their World Cup final loss to Spain. He cited unexpected injuries and immense player weariness as contributing factors to the defeat. Scaloni is now contemplating his future with the national team after his contract expires. He plans t
Protesters clashed with police and RAF personnel near Jantar Mantar on Monday. They attempted to march towards Parliament despite prohibitory orders being in force. Security was tightened across the New Delhi district for the Monsoon Session. Chandra Shekhar Azad and Prakash Raj extended support
Brent oil prices rose two per cent to more than $90 per barrel on Monday, as escalating US-Iran hostilities in the Middle East restricted oil shipments through the Strait of Hormuz.
Google DeepMind CEO Demis Hassabis predicts artificial general intelligence could arrive around 2030. He emphasizes the need for society to prepare for this transformative technology. Hassabis also highlighted the growing value of human creativity and unique thinking skills. He proposed a US-led
Police baton-charged supporters of India’s youth-led “cockroach” movement on Monday as they sought to march on parliament in the capital New Delhi, despite authorities denying permission for the protest.
Confronted by escalating tensions in the Middle East and repeated disruptions to shipping through the Strait of Hormuz, Pakistan has begun taking concrete steps to establish its first-ever Strategic Petroleum Reserves (SPR).