Keywords: Market
Gas prices in the United States could remain above $3 per gallon well into next year, according to Energy Secretary Chris Wright, who pointed to ongoing geopolitical tensions and market uncertainty as key factors influencing fuel costs. Speaking in a televised interview, Wright said that while prices......
South Korea and the United States have agreed that excessive volatility in the Korean won is undesirable and that both countries will continue close consultations on foreign exchange market developments, according to Seoul’s finance ministry. The agreement was reached during a meeting between......
Hedge funds have staged a sharp rebound in April, buying equities at one of the fastest rates on record after a difficult March marked by geopolitical tensions tied to Iran. Data from Goldman Sachs show that long short equity strategies gained 7.7 percent month to date, putting the industry on track......
The war in Iran is reshaping global metal supply chains and forcing major producers to overhaul logistics. Nornickel, the world’s largest palladium producer and a key supplier of nickel and copper, has redirected all maritime shipments away from the Suez Canal. The company now routes exports around......
European electricity prices have fallen below levels seen before the Middle East conflict, driven by a combination of expanding renewable energy output and a sharp decline in natural gas prices. The drop accelerated after Iran announced the reopening of the Strait of Hormuz, easing concerns over energy......
Bitcoin slipped back below 74,000 dollars after failing to sustain momentum above the 75,000 to 76,000 dollar resistance zone, erasing most of its midweek gains and weakening sentiment across crypto markets. The asset traded near 73,900 dollars on Friday, reflecting renewed selling pressure after a brief......
Chinese artificial intelligence company DeepSeek is reportedly in discussions with investors to raise at least $300 million, with a potential valuation reaching $10 billion, according to a recent media report citing sources familiar with the matter. The startup, which focuses on developing advanced......
Canada’s housing sector showed signs of slowdown in March, as new residential construction fell by 6 percent compared to the previous month, according to data released by the national housing agency. The seasonally adjusted annual rate of housing starts declined to around 235,000 units, missing......
Walmart-owned e-commerce giant Flipkart is preparing to enter India’s growing ticketing market, marking a new expansion move as demand for live entertainment continues to surge across the country. According to sources familiar with the matter, Flipkart plans to begin offering tickets for movies......
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