Global financial markets came under renewed pressure on Tuesday as stocks fell, the U.S. dollar weakened, and Treasury yields climbed to four-month highs, following President Donald Trump’s renewed push to take control of Greenland, a move that has unsettled investors and revived geopolitical and trade concerns. Equities slid sharply after Trump threatened to impose additional …
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, has reported stronger-than-expected revenue for the fourth quarter, driven by surging demand for artificial intelligence-related chips. The company said revenue for the October–December period rose 20.45 per cent year-on-year to T$1.046 trillion (about $33.04 billion), up from T$868.46 billion recorded in the same period last …
Chinese smartphone maker Realme announced on Wednesday that it will be integrated into Oppo as a sub-brand. The move aims to pool resources and reduce costs for both companies, which share the same parent firm. Realme, known for its smartphones in India, Southeast Asia, and Europe, is owned by Chinese consumer electronics giant BBK Electronics, …
Currency strategists are forecasting a continued soft outlook for the U.S. dollar at the start of 2026, citing concerns over Federal Reserve independence and the likelihood of further interest rate cuts. The dollar fell nearly 10% against major currencies last year, marking its weakest performance since 2017. Investors weighed the impact of record-high U.S. tariffs, …
The United States and China have struck a fragile truce in their long-running trade war, with President Donald Trump announcing tariff reductions in exchange for renewed Chinese cooperation on fentanyl control, agricultural trade, and rare earths supply. Speaking to reporters after face-to-face talks with President Xi Jinping in Busan, South Korea, Trump hailed the meeting …
Oil prices steadied on Monday as optimism over a possible trade deal framework between the United States and China helped counter persistent concerns about weak global crude demand. Brent crude futures slipped by 14 cents, or 0.2%, to $65.70 per barrel at 12:27 GMT, while U.S. West Texas Intermediate (WTI) crude dropped 9 cents to …
Global stock markets climbed on Monday, buoyed by renewed optimism over progress in U.S.–China trade talks, while gold and bonds fell as investors shifted toward riskier assets. Top economic officials from both countries reached a preliminary trade deal framework ahead of a meeting between Presidents Donald Trump and Xi Jinping in South Korea later this …
Domino’s Pizza has outperformed Wall Street expectations in its third-quarter results, riding a wave of value-driven promotions and new menu offerings as budget-conscious Americans search for affordable meal options amid stubborn inflation. The world’s largest pizza chain reported a 5.2% increase in U.S. same-store sales, surpassing analysts’ forecasts of 4%, according to data from LSEG. …
America’s small businesses are bracing for a rough patch. According to new data released by the National Federation of Independent Business (NFIB), confidence among U.S. small business owners fell sharply in September, as inflation worries, tariff pressures, and growing policy uncertainty weighed heavily on Main Street. The NFIB Small Business Optimism Index dropped 2.0 points …
The Bank of England (BoE) has warned that global financial markets could face a sharp correction if investor confidence in artificial intelligence (AI) prospects or the independence of the U.S. Federal Reserve weakens. In its latest Financial Policy Committee (FPC) report, the BoE noted that U.S. stock valuations are nearing levels last seen during the …
