Latest News

Toronto Market Dips as Oil Prices Plummet

The Toronto Stock Exchange's main index fell as oil prices tumbled, overshadowing positive inflation data. The S&P/TSX composite index closed down 32.09 points, or 0.1%, at 24,439.08.

Oct 15, 2024

Semiconductor Stocks Plunge Amid Disappointing Earnings

Semiconductor stocks, including Micron and Nvidia, plummet following ASML's disappointing earnings report, raising concerns about the sector's recovery.

Oct 15, 2024

Tech Consultant Faces Trial in Stabbing Death of Cash App Founder Bob Lee

The trial of tech consultant Nima Momeni begins in the stabbing death of Cash App founder Bob Lee, with claims of self-defense and premeditated attack at the center of the case.

Oct 15, 2024

China's Economic Strategy: Economists Seek More Aggressive Measures Against Deflation

China announces new economic measures to support the property sector and local governments, but economists express concerns over the effectiveness in combating deflation.

Oct 14, 2024

Stock Market Soars to New Heights as Nvidia Leads the Charge

U.S. stock markets hit record highs, driven by Nvidia's surge and positive bank earnings expectations. Investors remain optimistic as earnings season unfolds.

Oct 14, 2024

China Faces Growing Deflationary Pressures in September

China's economy faces increasing deflationary pressures as consumer inflation eases and producer prices decline. Government officials signal potential stimulus measures to revive demand.

Oct 13, 2024

China Takes Bold Steps to Revitalize Property Sector Amid Economic Slowdown

China announces new measures to support its property sector, signaling potential increases in government spending to combat economic slowdown.

Oct 13, 2024

KinderCare Goes Public: A New Hope for Childcare Shortage?

KinderCare's IPO raises hopes for addressing the childcare shortage in the U.S. as the company aims to expand its reach and tackle rising costs.

Oct 13, 2024

DPcryptoX Global Innovation Summit Set to Transform Digital Currency Landscape in Singapore

The DPcryptoX Global Innovation Summit in Singapore, January 2025, will focus on the future of digital currency, featuring the Asteroid Token and discussions on compliance and technological innovation.

Oct 12, 2024

Japan's Mitsui Set to Re-Enter Precious Metals Trading Market

Japan's Mitsui & Co is set to re-enter the precious metals trading market after a nine-year absence, driven by a surge in gold prices and a need for enhanced liquidity.

Oct 12, 2024

Tesla's Robotaxi Event Falls Flat, Stock Takes a Hit

Tesla's robotaxi event disappoints investors, leading to a significant drop in stock value. CEO Elon Musk unveils the Cybercab, but lacks details on production and market strategy.

Oct 12, 2024

US Consumer Sentiment Dips in October Amid High Prices

US consumer sentiment has dipped in October due to frustrations over high prices, despite strong consumer spending contributing to economic growth.

Oct 11, 2024

ExxonMobil-Led Consortium Advances Seismic Research for Gas Exploration Off Crete

Greece announces that an ExxonMobil-led consortium will advance to the second phase of seismic research for gas exploration off Crete, following successful data collection.

Oct 10, 2024

Stock Market Dips Following Hot Inflation Data

US stocks dipped as inflation data exceeded expectations, complicating the Federal Reserve's outlook for interest rate adjustments. Key inflation and job market data raise concerns about economic stability.

Oct 10, 2024

US SEC Charges Cumberland DRW for Unregistered Crypto Trading

The U.S. SEC has charged Cumberland DRW for acting as an unregistered dealer in the crypto market, involving over $2 billion in transactions. This highlights ongoing regulatory tensions in the cryptocurrency industry.

Oct 10, 2024