Record News

Taiwan's stock index hit a record high Thursday, fuelled by a surge in tech titan TSMC after it reported strong sales that lifted optimism for the sector and demand for chips used for artificial intelligence. The Taiex jumped as much as 3.5 percent at the opening, surpassing a January 2022 peak, as traders returned from their Lunar New Year holiday.

Despite economic challenges from inflation and rising interest rates, donors on Fidelity Charitable came together to make 2023 the platform’s most impactful year yet.

Demand for spirits across segments slowed to 4% in the last calendar year, a sharp fall from 12% in 2022, after increased taxes, a high base and tipplers seemingly cut back on drinking. Whiskey, which accounts for two-thirds of the segment, grew 5.3% in volume, followed by brandy (2.7%) and rum (1.1%), industry executives said, citing the latest excise department data. Vodka and gin grew 18.8% and 15.3%, respectively, on a lower base. «The demand environment has remained subdued — people are still experimenting,» United Spirits managing director Hina Nagarajan said on an investor call recently. «They are drinking more out of home and out-of-home prices are higher than sort of buying from off-trade and drinking at home. So, there is a little bit of impact on volume there.» United Spirits expects the environment to persist over the next few quarters. «I think the real pressure on the wallet is on the lower side, where we do see upgrades are not happening from country liquor to popular or popular to the lower end of prestige,» she had said.

Wall Street ended sharply higher on Wednesday as ride-hailing platforms Lyft and Uber rallied, while Nvidia displaced Alphabet as the U.S. stock market's third most valuable company. Nvidia overtook Alphabet's market capitalization ahead of the dominant AI chipmaker's quarterly results next week, now with a with a stock market value of $1.825 trillion after its shares rose 2.5%. Uber surged almost 15% to a record high, boosted by a $7 billion share buyback plan.

By Nicoco Chan

With this year’s Super Bowl being played in Las Vegas, the nation’s gambling capitol, there was little doubt that betting on the big game would be huge

Nvidia overtook Google-parent Alphabet’s stock market capitalization to become the third biggest U.S. company on Wednesday, days before the poster child of AI boom is due to report fourth-quarter results.

Americans are getting cautious about how they spend their dollars this Valentine's day—spending less money and prioritizing certain relationships. Blame inflation.

Frank Grillo, set to star as Rick Flag Sr. in James Gunn's Creature Commandos, describes the animated series as «funny and filthy,» hinting at its R-rating. The show marks Gunn's foray into the DC Universe and is set to kick off later this year. Here’s what we know about the show.

Stocks are holding steadier a day after skidding to sharp losses on worries that interest rates will stay high for months longer than hoped

The Phoenix Suns announced Wednesday they have acquired the rights to a G League franchise that will begin play next season, meaning all 30 NBA teams now own or operate a team in the developmental league

Raymond James is bolstering its presence in the wealth management space as it brings on board a seasoned financial advisor previously with Morgan Stanley.

Uber Technologies shot to a record high on Wednesday after announcing its first-ever buyback of $7 billion worth of company shares after a strong recovery in ride-share revenue and healthy demand in its food delivery business. The company posted its first annual net profit last week since it went public in 2019. Uber executives said they expect to make buybacks consistent over time.

₹154.05, 5% lower than its previous close of ₹162.15, but rec-overed in the last half hour of trade to close up 5% at ₹170.25. The rise from the lower circuit happened as bulls turned the tables on bears in the last hour of trade. The Nifty, which opened down three-quarters of a per cent at 21,578.15, fell to a low of ₹21,530.2, and remained in the red until 2:30 pm—market runs from 9:15 am-3:30 pm—recovered and closed higher by two-fifths of a per cent at 21,840.05.

 Realtor.com chief economist Danielle Hale breaks down housing affordability on 'Maria Bartiromo's Wall Street.'

Canada’s housing market is “starting to turn a corner,” the country’s national real estate association says.

Nvidia overtook Google-parent Alphabet's stock market capitalisation to become the third biggest US company on Wednesday, days before the poster child of AI boom is due to report fourth-quarter results. Strong demand for the Silicon Valley company's chips used in artificial intelligence computing has powered the stock 231% in the past 12 months to record highs, taking its market value to $1.812 trillion.

Irdai on Wednesday proposed to increase the «free look» period for return of the policy to 30 days and make nomination mandatory for life policies. Currently, a policyholder can examine the insurance policy and opt out if not satisfied with any of the terms and conditions mentioned in the policy within the «free look» period of 15 days (30 days in case of electronic policies) from the date of receipt of policy document, by stating the reasons for the objection. In a draft Insurance Regulatory and Development Authority of India (Protection of Policyholders' Interests and Allied Matters of Insurers) Regulations, 2024, Irdai proposed to consolidate several provisions of the different laws related to insurance. On protection of interest of policyholders, the draft said, «The free-look period for the policies, obtained through any mode, shall be 30 days from the date of receipt of the policy document».

A 'Mornings with Maria' panel discusses the U.S. economy and markets after the January year-over-year CPI comes in at 3.1%.

₹17.75 apiece to the current market price of ₹781, delivering a staggering return of nearly 4300%. Also Read: Indian stock market to see record inflows as India-China weight gap in MSCI Index narrows to historic low During this period, an investment of ₹10,000 would have turned into over ₹4.4 lakh. Impressively, out of the last 45 months (including February), the stock ended 28 in the green.