Indian markets saw a strong rebound as tech stocks, particularly those in AI, led the charge. Investors embraced a ‘buy on the dip’ strategy, shrugging off concerns about AI’s disruptive potential. Major indexes posted solid gains, with semiconductor firms and companies like Advanced Micro Devices and Keysight Technologies seeing significant boosts.Read More
Gold prices remained steady on Wednesday. This followed a dip in the previous session. The US dollar’s strength made gold more expensive for international buyers. US gold futures saw a slight decrease. Global shares rose on AI enthusiasm. Iran and the US are set for nuclear talks. Silver dipped, while platinum and palladium saw minor gains.Read More
The Japanese yen weakened near a two-week low after Prime Minister Takaichi reportedly expressed reservations about future rate hikes to the central bank chief. Meanwhile, a rising Chinese yuan pressured the dollar, while the Australian dollar saw gains on inflation data. Traders watched President Trump’s State of the Union address.Read More
Standard Chartered’s India operations saw a 15% rise in profit before tax to $542 million in 2025, driven by lower expenses and provisions, despite a 3% drop in operating income. India climbed to the fourth position in profit contribution, aided by a 24% decline in China profits. Total loans fell 5% to $12.28 billion, while global pre-tax profit increased 16% to $7.90 billion, boosted by...Read More
A founder’s dystopian AI scenario published on Sunday triggered a stock market meltdown on Monday, with major indexes and specific company shares plummeting. The report, “The 2028 Global Intelligence Crisis,” detailed mass white-collar layoffs and a deflationary cascade, sparking investor anxiety already heightened by AI-related selloffs.Read More
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