Oil prices dipped slightly as U.S.-Iran talks showed progress, easing fears of supply disruptions. Brent and WTI crude are near two-week lows. While an understanding on nuclear dispute principles was reached, a deal isn’t imminent. Rising output at Kazakhstan’s Tengiz field also pressured prices. Market eyes U.S. inventory data for further direction.Read More
Gold prices saw a slight rebound on Wednesday, recovering from a significant dip triggered by progress in U.S.-Iran talks. However, subdued trading volumes due to Lunar New Year holidays across Asia are keeping a lid on gains. Investors are keenly awaiting U.S.Read More
Successful investing, as Nobel laureate Paul Samuelson observed, is a patient, disciplined process akin to watching paint dry or grass grow. Modern markets’ constant stimulation can lead to emotional, detrimental decisions. True wealth creation stems from rationality, diversification, and allowing compounding to work quietly over time, rewarding those who remain invested through market cycles.Read More
Asian stocks saw a modest rise in thin holiday trading, influenced by a volatile US session and concerns over the AI outlook. Investors are closely watching the Federal Reserve’s interest rate path, with mixed signals from officials regarding potential cuts. Attention also turns to the Reserve Bank of New Zealand’s policy decision later today.Read More
PacifiCorp, facing significant wildfire litigation costs in Oregon, is selling its Washington state wind, natural gas, and distribution assets to Portland General Electric for $1.9 billion. This strategic move aims to bolster PacifiCorp’s liquidity and simplify operations amidst ‘extraordinary pressure’ from legal battles and regulatory challenges. The deal, pending approvals, includes key generation facilities and...Read More
Berkshire Hathaway has invested in The New York Times, marking a return to the media sector. This move comes after Warren Buffett sold Berkshire’s newspaper business in 2020. The company also adjusted its stakes in Apple and an online retailer. Greg Abel has succeeded Buffett as CEO.Read More
Indian markets closed higher on expiry day, recovering from early weakness with selective buying. Maruti Suzuki unveiled its e VITARA electric SUV starting at Rs 10.99 lakh with a unique BaaS model. Dabur appointed Herjit S Bhalla to lead its India business, while GR Infraprojects secured a railway construction project worth Rs 668 crore.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.