Browsing: Featured News

Indian Prime Minister Narendra Modi extended congratulations to U.S. President Donald Trump on his historic second term in office, emphasizing the importance of their bilateral partnership. The Prime Minister expressed his commitment to strengthening the India-U.S. relationship to foster mutual

China’s economic activity unexpectedly contracted in January 2025, marking a challenging start to the year for the world’s second-largest economy. Official data from the National Bureau of Statistics revealed that the manufacturing Purchasing Managers’ Index (PMI) fell to 49.1, dipping

Nvidia shares dropped 14% in premarket trading on Monday, leading a widespread sell-off in global technology stocks after Chinese AI startup DeepSeek revealed advancements that raised concerns about the competitive landscape in artificial intelligence. The developments are seen as a

Bitcoin (BTC) experienced a sharp price drop early this week, losing 5% of its value and shedding $5,000 per token. The decline triggered over $130 million in liquidated long positions, pushing the cryptocurrency’s price down to $100,000 from its weekend

U.S. President Donald Trump announced on Sunday that a 25% tariff will be imposed on all goods imported from Colombia, marking a sharp escalation in trade tensions. The move comes in response to Colombia’s refusal to accept the return of

In a pivotal decision, the U.S. Securities and Exchange Commission (SEC) has rescinded Staff Accounting Bulletin (SAB) No. 121, eliminating a significant barrier for banks seeking to offer custody services for Bitcoin and other cryptocurrencies. The decision, announced Thursday, reflects

The Bank of Japan (BOJ) raised its benchmark interest rate by 25 basis points to 0.5% on Friday, marking the highest level since 2008. The move, reflecting a cautious pivot towards monetary policy normalization, comes amid signs of sustained inflation

US Mortgage rates have climbed back above the 7% threshold, stalling the U.S. housing market at the start of 2025. The average rate for a 30-year fixed mortgage reached 7.04% last week, marking the highest level since May 2024, according

A severe storm named Éowyn has brought extreme weather conditions to the United Kingdom and Ireland, disrupting travel and power supplies across the region. Winds reaching speeds of up to 113 mph (182 km/h) and heavy rainfall have prompted authorities

The European Union has relocated its upcoming informal defence summit from Limont Castle in Liege to the Egmont Palace in Brussels, citing security considerations. The meeting, scheduled for 3 February, marks the first European summit since the inauguration of U.S.