“These are not your father’s and mother’s utility stocks,” said Mark Malek, chief investment officer at Muriel Siebert & Co. “People are starting to question, ‘Can these companies scale as fast as they want to, are they throwing capital at these projects that’ll never get done?’”
SEBI’s temporary trading ban on global trading firm Jane Street is rippling through India’s capital markets, not just by denting expiry day turnover at the NSE, but also by pulling down the exchange’s private market valuation. According to UnlistedZone, NSE shares are now trading between 2,100 rupees and 2,150 rupees apiece, nearly 10% below recent […]
Bessent spoke Wednesday at the annual Allen & Co. conference — dubbed the “summer camp for billionaires” in Sun Valley, Idaho. Bessent, who was asked by the moderator to compare his current and former bosses, said that Trump and Soros are similar in their temperament, their demands and their impatience, according to people in the […]
Trump pledges to impose a 25 per cent tariff on all Canadian and Mexican imports, saying they would come into force on inauguration day, Jan. 20. He says in a post on Truth Social, a social media site he owns, that the tariffs would remain until both countries stop drugs, particularly fentanyl, and people from […]
“Australia has to manage a number of challenging relationships,” said Caitlin Byrne, a professor at Griffith University, in an interview with Australian Broadcasting Corp. “We have to invest really heavily in our diplomatic assets and make sure we are able to manage relationships across all fronts and, at the same time, not forget the important […]
Hours before Trump’s letter, Carney posted on X a picture of himself with British Prime Minister Keir Starmer, saying, “In the face of global trade challenges, the world is turning to reliable economic partners like Canada.” Implied in his statement was that the U.S. has become unreliable because of Trump’s haphazard tariff regime, which has […]
Deployment of batteries in vehicles and to support power grids is delivering reductions in emissions in transport and energy, two sectors that are crucial to the prospects of the world meeting net zero goals, according to BloombergNEF. Even so, technology producers remain under pressure to limit the climate impacts of their own industries.
Some upcoming IPOs include Tata Capital Ltd., the non-banking finance arm of Tata Group, which is planning to raise around $2 billion, in what could be the biggest listing this year. Walmart Inc.’s Phonepe, India’s largest provider of digital payments, is preparing to file preliminary documents for an IPO that may raise as much as […]
Producers and traders have raced to get ahead of the copper levy, including in recent days by shifting deliveries to Hawaii and Puerto Rico to cut shipment times. Since February, when Trump first laid out plans for the tariff, record volumes of metal have been shipped to the US, targeting huge profits on cargoes delivered […]
“Further data on the speed of New Zealand’s economic recovery, the persistence of inflation, and the impacts of tariffs will influence the future path of the Official Cash Rate,” the RBNZ said in a statement. “If medium-term inflation pressures continue to ease as projected, the Committee expects to lower the Official Cash Rate further.”