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Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
markets
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MET
Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value
Blockchain
UPS
Provident
The great crypto reckoning: Wake up and get real about this class of pseudo assets
markets
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What lies ahead for Altcoins: Looking at the future of diversified portfolios
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27.01 / 10:11
security
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Trump’s ‘clean out’ Gaza proposal stuns all sides, scrambles Middle East diplomacy
Subscribe to enjoy similar stories. President Trump’s Saturday night proposal that Palestinians vacate a devastated Gaza marked a sharp break with his predecessor and introduced a contentious new initiative into his unfolding Middle East diplomatic plans. Trump said the resettling of the Palestinians from Gaza “could be temporary or long term." His statement could mark a dramatic shift in U.S.
27.01 / 10:11
markets
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What is China’s DeepSeek and why is it freaking out the AI world?
Subscribe to enjoy similar stories. DeepSeek, an AI startup just over a year old, stirred awe and consternation in Silicon Valley with its breakthrough artificial intelligence (AI) model that offered comparable performance to the world’s best chatbots at seemingly a fraction of the cost. Created in China’s Hangzhou, DeepSeek carries far-reaching implications for the global tech industry and supply chain, offering a counterpoint to the widespread belief that the future of AI will require ever-increasing amounts of power and energy to develop.
27.01 / 09:53
27.01 / 09:53
27.01 / 09:53
CEO
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China Vanke flags record loss as Chairman, CEO resign amid woes
China Vanke Co.’s chairman and chief executive officer will both resign in an abrupt move after the embattled developer warned of a record 45 billion yuan ($6.2 billion) loss for 2024. Chairman Yu Liang applied to resign due to “work adjustment reasons,” but will remain as a director of the company, Vanke said in a filing to the Hong Kong stock exchange on Monday.
27.01 / 09:53
27.01 / 09:53
27.01 / 09:53
markets
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beautiful
'Freudian avalanche': Trump's 'you can't call waitress beautiful' comment fumes netizens
Donald Trump took a victory lap in Las Vegas on Saturday, basking both in his presidential victory in Nevada last year and the rapid-pace action of his first week in office. Twenty-five minutes into his speech, Trump arrived at its ostensible subject: the promise of eliminating taxes on tipped wages. He didn’t offer much new detail, but he did say he would begin working with lawmakers over the coming weeks to write new tax laws, including renewing the tax cuts he signed into law in 2017.
27.01 / 09:53
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Lufthansa Airlines faces ₹55K fine for mishandling elderly passengers – Here’s what happened
Lufthansa flight from Chennai to Frankfurt in June 2023 has culminated in a ruling from a Chennai court, which penalised the airline for its deficient service. The series of incidents, which involved wet seats, delayed flights, mishandling, and poor customer care, not only disrupted their travel but also resulted in both emotional and financial distress.
27.01 / 09:53
27.01 / 09:53
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Lure of diversification, higher returns and global exposure driving Indian investors to US markets: Subho Moulik
In an exclusive ETMarkets Livestream interview, Subho Moulik, Founder & CEO, Appreciate — a leading expert in global market investments, shares valuable insights into why Indian investors are increasingly turning to the US markets. With a focus on diversification, high-return potential, and exposure to cutting-edge sectors like AI, biotech, and semiconductors, Moulik outlines the growing appeal of the US as a key investment destination. He also discusses the impact of political shifts, currency fluctuations, and emerging trends, offering a comprehensive view of how Indian investors can benefit from diversifying their portfolios internationally. Edited Excerpts – What factors are driving the trend of Indian investors increasingly looking to invest overseas, particularly in markets like the US? Subho Moulik: Let’s start with the fundamentals as to why the US is attractive and increasingly appealing to Indian investors.
27.01 / 09:39
cryptocurrency
Bitcoin price today
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Trump's crypto venture divides the industry he aims to support
cryptocurrency executives gathered a few blocks from the White House for a lavish party three days before President Donald Trump's inauguration, toasting an incoming administration that had vowed to promote the industry's interests. But the crypto millionaires and billionaires were caught off guard by what happened next.
27.01 / 09:23
markets
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Remark
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Trump's remarks at Davos send 'pulse of optimism' as S&P 500 hits record high
Markets reacted with increasing optimism following Trump's speech, with the S&P 500 hitting an all-time high of 6,118.7 before markets closed yesterday, according to data from MarketWatch. At the time of reporting today (24 January), the S&P 500 futures was standing at $6,141, having earlier picked up to $6,156. During his speech at the World Economic Forum in Davos on Thursday, Trump said he has «always liked» China's President Xi Jinping and he «look[s] forward to […] getting along» with China. Separately, in a Fox News interview this week, the US president noted he could strive ...
27.01 / 09:23
UPS
Target
show
International
Hedge funds line up short positions against Saba holdings in UK trust tussle
According to filings with the Financial Conduct Authority, a hedge fund named Brookdale International Partners has built up short positions against Herald investment trust (HRI), which recently defeated all eight of Saba's resolutions in a general meeting last week (22 January), and Edinburgh Worldwide investment trust (EWI), another of the seven Saba targets. Joining Brookdale's bet against Herald is Eisler Capital, which took a 0.5% short position out on HRI earlier in January. Saba shows no signs of stopping despite Herald defeat as 'the battle is still far from over' The shor...
27.01 / 09:23
CEO
security
Picton Property Income names Francis Salway as chair
He will succeed Lena Wilson, who has been in the role for the past four years. Salway was CEO of Land Securities between 2004 and 2012, after joining the board in 2001. Prior to that, he was investment director at Standard Life Investments. He is currently a non-executive director (NED) of residential-for-rent developer Watkin Jones and of Cadogan Group. St James's Place to wind down £1.8bn property funds amid 'challenging period' for property sector Between 2010 and 2021, Salway was also a NED of Next, latterly as a senior independent director. He said: «I am delighted to be...
27.01 / 08:21
Citi
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Manufacturing
economy
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cover
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China's factory activity contracts in January for the first time in 4 months
An official survey shows that China’s factory activity contracted in January for the first time in four months
27.01 / 08:21
UPS
security
President
show
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social
reports
White House says Colombia agrees to take deported migrants after Trump tariff showdown
The White House is claiming victory in a showdown with Colombia over accepting flights of deported migrants from the U.S., hours after President Donald Trump threatened steep tariffs on imports and other sanctions on the longtime U.S. partner
27.01 / 08:21
27.01 / 08:03
27.01 / 08:03
27.01 / 08:03
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Travel, tourism and food sectors poised for growth amidst broader consumption slump: Rohit Agarwal
«Within consumption, people have slowed down on the staples kind of consumption, but they have still, at least in the last quarter, continued to do discretionary consumption,» says Rohit Agarwal, Kotak Mahindra. And today we will be talking about the consumption space because given the fact that you are seeing a slowdown in urban consumption, once upon a time you had talks about rural consumption being under pressure but now that weakness has actually creeped into the urban consumption as well and how should one actually look at the space? Rohit Agarwal: Well, as you very rightly said that maybe for the last seven to eight quarters we were talking about weakness in rural consumption, but in the last two to three quarters we have heard or seen a decisive slowdown in urban consumption.
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