Usa Financial News

24.03 / 03:13
FIVE economy HANS Trade President country Courts Who is Han Duck-soo, South Korea's PM who returns as acting leader?
Prime Minister Han Duck-soo, who was reinstated on Monday as South Korea's acting president, is a technocrat whose experience and reputation as a safe pair of hands transcended party lines and helped him serve in senior posts under five presidents. Known as a seasoned economic, trade and foreign affairs specialist, Han, 75, was serving the second stint as the head of cabinet, when he became acting president on December 14 after President Yoon Suk Yeol was impeached by parliament for leading a short-lived martial law. Two weeks later, Han himself was impeached after being accused of aiding Yoon in the martial law declaration and his powers suspended. He denied this but accepted some responsibility for the ensuing crisis by failing to dissuade Yoon from making the surprise move. On Monday, the Constitutional Court overturned his impeachment, restoring his powers to serve as leader while the country awaits the same court's ruling on Yoon's impeachment. In a country sharply divided by partisan rhetoric, Han has been a rare example of an official who has sought to stay out of the political fray.
24.03 / 03:13
markets UPS wellness Trade Cycling classical rights FY26 is going to be significantly better from an earnings perspective vis-a-vis FY25: Rupen Rajguru
Rupen Rajguru, MD, Senior Advisor, Julius Baer, says we are seeing a classic bottoming of the market and recovery will be slow, and not as significant and fast as we have seen in the previous cycle. But probably the market looks into the rate of change and at the margin, FY26 is going to be significantly better from an earnings perspective vis-a-vis FY25. What is your take on the overall market sentiment because in 2025 there has been a change in the narrative on how you look at the emerging markets, especially India. March has been quite a volatile month for us though we are cheering the recovery from the lowest level but the harsh reality is that among the SMIDs, there are pockets where we might not see the stocks recovering back to those 2024 highs. Is it the time to deploy more or rather be selective? Rupen Rajguru: Purely from a market perspective, in the very short to near terms, sentiment and liquidity determines the market momentum and both of these change very fast. Probably on March 4th, we were the worst as far as the sentiment and liquidity was concerned. So, while liquidity has not changed, but definitely in the last two weeks or so, sentiment has changed. And why has the sentiment changed?
24.03 / 02:27
markets UPS Provident FIVE Tesla SpaceX blues Musk Inc is under serious threat
Subscribe to enjoy similar stories. UNTIL RECENTLY Elon Musk had little need to look over his shoulder. He once described competition for Tesla, his electric-vehicle (EV) company, as “the enormous flood of gasoline cars pouring out of the world’s factories every day", rather than the “small trickle" of other EV-makers.
24.03 / 02:27
UPS Tesla SpaceX Trade President Department The world according to Grok: India must keep trade issues apart from free speech
Subscribe to enjoy similar stories. India has been playing nice with America’s Donald Trump administration. So too with EV-maker Tesla and the satellite services arm of SpaceX, both led by Elon Musk, who is widely seen as President Trump’s confidant, a billionaire shaking up the US by taking a chainsaw to its government under the Department of Government Efficiency.
24.03 / 01:47
markets Provident Sustainability Trade show cover Videos Vijay L. Bhambwani's Ticker: Expiry may usher higher volatility
Subscribe to enjoy similar stories. Dear reader, Last week, I wrote that the average retail trader appeared exhausted. I also advocated that the end of March was likely to be dominated by institutional players.
24.03 / 01:43
markets Target economy Trade President country shock US stock futures rise as new tariffs seen targeted
US stock-index futures climbed in early Asia trading on signs that the next round of President Donald Trump’s trade tariffs could be more measured than had previously been suggested. S&P 500 futures rose, Japanese shares fluctuated between gains and losses in early trade, while Australia’s market fell. The dollar was softer against major peers, while the 10-year US Treasury yield advanced.
24.03 / 01:43
markets COST security Analysis Bill reports International Which companies will benefit from fall in oil prices and which firms will be hit? Here’s the analysis
Oil prices came under pressure due to oversupply concerns after OPEC+ (a group of oil-producing nations) decided to roll back production cuts in its 3 March 2025 meeting. The oil group had cut 2.2 mbpd (million barrels per day) of oil production in November 2023 but has now decided to release such output over April 2025 and September 2026.
24.03 / 01:43
FIVE Manufacturing Enterprise Healthcare Universities hospital Colleges Stocks in news: Adani Green, Adani Enterprises, NCC, Godrej Properties, Max Healthcare
Adani Green, Adani Enterprises, NCC, Dr. Reddy’s, Max Healthcare, and Apollo Hospitals will be in focus due to key developments. Godrej Properties: Godrej Properties has acquired 10 acres of land in Bengaluru, with an estimated revenue potential of Rs 2,500 crore. The proposed development will have a saleable area of about 1.5 million square feet and will offer homes in various configurations, catering to different segments of homebuyers.
24.03 / 01:09
COST UPS Racing performer country Fractal Analytics pitches for India’s first large reasoning model
Fractal Analytics, a Mumbai-based artificial intelligence company, has proposed to build India’s first large reasoning model (LRM) at a total project cost of Rs 118.8 crore. In a proposal to the IndiaAI Mission, Fractal has sought an external funding of Rs 76.6 crore from the government for the initiative. The proposed LRM series will include a small model (2-7 billion parameters), medium model (20-32 billion parameters) and a large state-of-the-art model (70 billion parameters) with up to 1 trillion training tokens.
24.03 / 01:09
markets UPS Target security BlackRock reports Greenko, Muthoot Finance raise $1.2-billion debt overseas
debt markets last week to raise up to $1.25 billion between them through US dollar bonds as global investors seek exposure to India's growth. Renewable energy firm Greenko Energy Holdings raised around $1 billion from investors, while Muthoot Finance raised $250 million. Greenko's bond was priced at 7.25%, tighter than the initial 7.62% target. The bond, issued under a dual Reg S and Reg S 144A structure, is backed by Greenko Wind Projects (Mauritius) and drew over $3 billion in investor interest. However, the company opted to retain $1 billion, according to two sources.
24.03 / 01:09
markets security economy wellness Trade War Interviews There is lot of uncertainty; cash holdings are rising: Ronald O'Hanley, State Street
US tariff war, said Ronald O'Hanley, chairman and chief executive officer of State Street, one of the world's largest custodian banks and asset managers. In an interview with Nishanth Vasudevan during his visit to Mumbai last week, Boston-based O'Hanley spoke about the US economic outlook, China and India's instant equity trade settlement plans among various topics. Edited excerpts: There seems to be a lot of uncertainty among investors around the tariff war ignited by the US. What is your reading?
24.03 / 00:31
FIVE Trade President Experts War travelers rights Mint Primer: The gold rush for silver is on. Will it persist?
Subscribe to enjoy similar stories. As the world rushes for gold, silver is also now back in vogue. Known as “the poor man’s gold", silver benefits from a correlation with gold, which just breached the $3,000 per ounce mark.
24.03 / 00:31
UPS Cooper security Research Trade country electronic Why India wants critical minerals in its trade deal with US
Subscribe to enjoy similar stories. Indian trade officials are pushing their American counterparts to stitch their recent critical minerals deal into an upcoming trade agreement, two people aware of the discussions said, a tweak that may unlock US tax benefits for electric vehicles and batteries using these scarce resources.
23.03 / 19:49
Cooper Manufacturing economy Enterprise Trade country information Borderless? Think again as notion of unfettered globalisation is tenuous
borderless world' was first propagated by Kenichi Ohmae, author of The Mind of the Strategist, in the 1990s. He predicted an era in which national boundaries would become less significant, and the free flow of goods, services, capital and information would define global trade and commerce. His theory embodied the zeitgeist of late 20th-century trade. The dawn of the 21st century appeared to vindicate his foresight, with trade liberalisation, tech breakthroughs, and MNCs propelling the globe toward economic interdependence. But the question now is whether idealism survives the political opportunism. The Trump administration's tariffs and economic nationalism raise the question of whether the era of a borderless world is coming to an end. With political slogans such as 'America First', and MAGA, Trump seeks to recalibrate trade dynamics by imposing punitive tariffs on imports from countries like Canada, Mexico, India and China.
23.03 / 16:43
COST UPS Citi FLEX Canadians are 'egg-static' over US egg shortage, serving up trolling memes while America scrambles. Here are the funniest ones
With egg costs reaching nearly $10 per dozen in some U.S. cities while Canadian shelves remain fully stocked at prices as low as $1.84 USD, the contrast is too much for the internet to resist. Memes mocking the egg crisis have gone viral, with some comparing the situation to the U.S.'s previous stance on not needing anything from Canada. One viral tweet summed up the irony perfectly: «MAGA: ‘We don’t need anything from Canada!’ Moments later… ‘U.S. begs nations for eggs’»
23.03 / 15:47
Target President Experts War country reports Russia-Ukraine war to end soon? Here are key talks that may determine a possible ceasefire
The meeting will precede talks between the U.S. and Russian delegations which are scheduled for Monday. The meetings follow a series of talks held in Saudi Arabia, first between the U.S. and Russia, and then later between the U.S. and Ukraine, when Kyiv accepted a 30-day truce proposal. The Ukrainian delegation at Sunday's meeting will be led by Defence Minister Rustem Umerov. President Volodymyr Zelenskiy earlier said this fact would allow Kyiv to act in a «very quick and very substantive» way. However, Ukrainian officials have said they still see Sunday's meeting in Riyadh as purely technical.
23.03 / 15:21
Remark Election President War information reports Putin and Trump may have spoken more than twice, Kremlin says
Trump, who says he wants to be remembered as a peacemaker, has repeatedly said that he wants the three-year conflict in Ukraine to end and has warned of the risks of it escalating into a world war between the United States and Russia. There have so far been two announced phone calls between Putin and Trump this year — on Feb. 12 and on March 18 — though there has been speculation about much more frequent contact, and also reports that they spoke before Trump was elected last year. When asked by the most prominent Kremlin correspondent for state television about remarks by Trump that indicated there may have been more than two calls, Kremlin spokesman Dmitry Peskov said information had been released about those calls he knew of. «Listen, we inform you about the conversations that we are aware of. But we can't rule out everything else,» Peskov said.
23.03 / 14:47
markets Manufacturing Sustainability Trade show country International Signs of early recovery of China's diamond industry sparks optimism for Indian exports: GJEPC
GJEPC) officials said. China's economic slowdown coupled with plunging marriage rates in the country created a chilling effect in the Chinese diamond market valued at around USD nine billion. Last year, China's diamond market generated about USD 5.7 billion in revenue, and is expected to grow to USD 7.2 billion by 2030, according to market analysts. The demand for diamonds has fallen by as much as 50 per cent in China, while wholesale diamond prices have fallen by about 40 per cent over the past two years, creating a major downturn in the global diamond industry especially that of India as it accounted for a third of India's cut and polished diamond exports.
23.03 / 14:47
Action President voice cover information reports Interviews Two months into Trump's second administration, news industry faces challenges from all directions
Trump administration, the biggest concern for many journalists was labels. Would they, or their news outlet, be called «fake news» or an «enemy of the people» by a president and his supporters? They now face a more assertive President Donald Trump. In two months, a blitz of action by the nation's new administration — Trump, chapter two — has journalists on their heels. Lawsuits. A newly aggressive Federal Communications Commission. An effort to control the press corps that covers the president, prompting legal action by The Associated Press. A gutted Voice of America. Public data stripped from websites. And attacks, amplified anew. «It's very clear what's happening. The Trump administration is on a campaign to do everything it can to diminish and obstruct journalism in the United States,» said Bill Grueskin, a journalism professor at Columbia University. «It's really nothing like we saw in 2017,» he said. «Not that there weren't efforts to discredit the press, and not that there weren't things that the press did to discredit themselves.»
23.03 / 12:55
Provident Target WhatsApp track Courts Investigations International Grenade attack case: NIA chargesheets four Khalistani terror operatives in Chandigarh
National Investigation Agency (NIA) has chargesheeted four terror operatives of the Babbar Khalsa International (BKI) terrorist organisation in the September 2024 Chandigarh grenade attack case, an official statement said on Sunday. The accused include Pakistan-based designated terrorist Harwinder Singh Sandhu alias Rinda, and US-based Harpreet Singh alias Happy Passi, it said. In the chargesheet filed before the Special NIA court, Chandigarh, all four accused persons have been charged under multiple sections of the Unlawful Activities (Prevention) Act (UAPA), the Explosive Substances Act, and other related provisions, for their roles in planning and supporting the attack. The two terrorists — Rinda and Happy Passi — were the primary handlers and conspirators behind the attack, said the statement issued by the NIA. They had provided logistical support, terror funds, weapons, and ammunition to India-based on-ground operatives in Chandigarh for executing the grenade attack, it said.

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