RBI cuts repo rate to 6.25% for the first time in nearly five years to support growth amid cooling inflation. Markets react mildly as economists foresee further easing ahead.
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Global markets plunged on Monday as Trump’s tariffs on Canada, Mexico, and China rattled investors, fueling fears of a trade war. A last-minute pause on Mexico’s tariffs helped limit losses, while gold hit a record high and U.S. factory activity returned to growth.
Major currencies remained jittery on Friday as markets considered the impact of a politically turbulent week that saw the collapse of France's government and the brief imposition of martial law in South Korea.
Volkswagen, a key player in the global automotive industry, has finalized the sale of its manufacturing plant and testing facilities in Xinjiang, China, marking a significant shift in its operational strategy.
The National Bank of Kazakhstan has unveiled plans to launch the "Digital Investment Coin" project in early 2025, offering a new way to trade gold investment coins globally.
The Taiwan Semiconductor Manufacturing Company (TSMC) has reaffirmed its commitment to its $65 billion investment in U.S. semiconductor factories. It's despite President-Elect Donald Trump concerns over Taiwan's role in the U.S. semiconductor industry.
Volkswagen's opens new tab planned cost-cutting programme was unavoidable in order to remedy "decades of structural problems" at the German carmaker, CEO told
Boeing factory workers voted to reject a contract offer and continue a more than five-week strike
Airlines, energy firms and a Universal Studios theme park were among the companies beginning to halt their Florida operations
Boeing has halted discussions and withdrawn its pay proposal to union workers, as a major strike approaches its fourth week. This leaves approximately 33,000 people in a state of uncertainty and heightens tensions between the two sides.
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