As the euro zone’s inflation figures surface for January, the financial landscape appears to be one of cautious optimism mingled with underlying concerns. The latest statistics released by Eurostat indicate that inflation has risen to an unexpected 2.5% on an annual basis, primarily driven by an upswing in energy prices. This figure surpasses the predictions
World
As the new trading month begins, stock futures have taken a significant hit, reflecting investors’ apprehensions surrounding recent developments in U.S. trade policy. The latest tariffs announced by President Trump have already started to cast a shadow over market prospects. On Sunday night, futures associated with the Dow Jones Industrial Average dropped by 528 points,
In recent developments concerning the global semiconductor market, the implications of U.S. export controls have gained prominence, particularly in relation to China’s technological heightening. The Singaporean Ministry of Trade and Industry (MTI) has articulated an expectation that U.S. companies adhere strictly to export regulations and local laws. This remark comes in light of the emerging
In a significant escalation of trade tensions, the White House publicly confirmed that President Donald Trump plans to impose substantial tariffs on several key trading partners, aiming to exert influence on both foreign policy and domestic issues. This announcement, made by White House Press Secretary Karoline Leavitt, has sparked immediate reactions across financial markets and
On Thursday, Shell, the prominent British energy corporation, disclosed a notable decline in its annual profit, largely attributed to increased exploration write-offs and decreased trading margins in conjunction with a downturn in crude oil prices towards the year’s conclusion. The oil giant recorded adjusted earnings of $23.72 billion for the full year of 2024, a
In a financial landscape that often resembles a roller coaster, Norway’s sovereign wealth fund—recognised as the largest of its kind worldwide—has showcased remarkable resilience and adaptability. Posting a staggering profit of 2.5 trillion kroner (approximately $222.4 billion) for the year 2024, the fund’s performance marked a new benchmark, surpassing its previous record of 2.22 trillion
Nvidia’s stock faced a dramatic upheaval recently, primarily influenced by the emergence of a groundbreaking artificial intelligence model developed by the Chinese startup DeepSeek. This event not only triggered a surprising plunge in Nvidia’s stock value but also sent shockwaves through the entire tech industry, serving as a stark reminder of the volatility that reigns
The semiconductor industry, particularly in Japan, faced a significant upheaval recently, stirred by growing competition from artificial intelligence (AI) startups in China, especially the rapid developments of DeepSeek. This Chinese AI company poses a substantial threat to established leaders in the global tech arena, particularly the United States, drawing concerns not just domestically but across
On a recent Saturday, tens of thousands of Germans gathered in Berlin and various cities nationwide, making a bold statement against the surge of the far-right, anti-immigrant Alternative for Germany (AfD) party. The protest coincided with heightened political tensions as Germany approached a general election scheduled for February 23rd. Demonstrations at iconic sites like the
In a significant development in the ongoing conflict between Israel and Hamas, four female Israeli soldiers were freed by the militant group Hamas in exchange for around 200 Palestinian prisoners. This event unfolded on Saturday as part of a ceasefire agreement that sought to mitigate the hostilities that have ravaged Gaza for the past 15