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News
US risk premium rises under AI rally: Why dollar's safe-haven status faces a test
1+ week, 9+ hour ago (697+ words) The AI boom has powered a sharp rally in US equities, but Nomura analysts warned that it may be hiding growing risks in US assets. In their latest note, they argued that any major setback in AI could trigger a…...
Inflation test, Iran escalation set up a volatile week ahead for commodity markets
1+ week, 1+ day ago (392+ words) Markets swung sharply this week ended September 4 as a blowout jobs report reset the Fed narrative just days after a Fed governor had tried to calm it down, while crude posted its strongest weekly gain since mid-July on a widening…...
Moneycontrol Pro Weekender | Bulletproof economy, unimpressed markets
1+ week, 2+ day ago (581+ words) The GDP numbers have led to a debate on whether the sharp rise in real GDP was on account of volume growth, or whether much of it was due to the method of computation being used. The Ministry of Statistics…...
AI is making Taiwan richer. Now Rs 30,000 could be headed to every citizen
1+ week, 6+ day ago (457+ words) Taiwan plans to give every citizen New Taiwan dollars10,000, about Rs 30,000, in cash next year as a powerful boom in artificial intelligence and semiconductor demand pushes the island's economy towards its fastest growth in nearly four decades. President Lai Ching-te announced…...
Urban India's consumer confidence rebounds in July, retains top global spot: Report
1+ mon, 2+ week ago (520+ words) Consumer confidence among urban Indians staged a strong recovery in July, reinforcing India's position as the world's most optimistic consumer market, according to the latest LSEG-Ipsos Primary Consumer Sentiment Index (PCSI). The National Index climbed 3.2 percentage points to 67.1 in July,…...
Moneycontrol Pro Weekender | The New World Disorder
1+ mon, 2+ week ago (885+ words) This week’s Big Tech earnings in the US vividly reflect the massive AI buildout. Alphabet’s capex hit $44.9 billion in the April-June quarter, and it revised up its projection for the year to $195-$205 billion. This frenzy propels a broader AI infrastructure…...
US companies add 122,000 jobs, most since January 2025
3+ mon, 1+ week ago (402+ words) US companies in May added the most jobs since January 2025, signaling the labor market may be gaining momentum despite rising energy costs sparked by the Iran war. Private-sector payrolls rose by 122,000 after advancing 105,000 in the prior month, according to ADP…...
KNAV secures fresh investment from Nikhil Kamath-backed NKSquared to fund global expansion
3+ mon, 1+ week ago (463+ words) Accounting and advisory firm KNAV has received a follow-on investment from NKSquared, the investment firm backed by entrepreneur and investor Nikhil Kamath, as it looks to accelerate its international growth strategy through acquisitions and technology investments. The firm said a…...
‘Dinosaur’ tech stocks reborn as AI fuels $1.7 trillion rally
3+ mon, 2+ week ago (1129+ words) They were all stars of the dot-com era before fading into the background as the bubble burst and a new generation of tech darlings rose to the forefront. But Dell Technologies Inc., Nokia Oyj and Lenovo Group Ltd. are back…...
India stands out with strongest growth prospect as global growth to weaken: WEF survey
3+ mon, 2+ week ago (584+ words) Chief economists across the world expect the global economic growth to weaken over the next one year, but India stands out as a geography with the strongest growth expectations, a new WEF survey showed on Thursday. In its latest Chief…...