The Turkish lira continued its strong plunge this month, reaching its all-time low. The USD/TRY exchange rate rose to 41.15, up by over 41% from its lowest level in January this year. Improving the Turkish economy The USD/TRY exchange rate has surged this year, even as macro data showed that the country’s economy was doing […]
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Stocks rose Friday, building on a winning session that pushed indexes to fresh records after the Federal Reserve’s interest rate cut boosted investor confidence. The Dow Jones Industrial Average added 98 points, or 0.2 percent. The S&P 500 and Nasdaq Composite each advanced 0.2 percent and 0.3 percent, respectively, while the small-cap Russell 2000 rose […]
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US stocks declined on Monday following a strong performance last week, during which the Dow Jones Industrial Average and S&P 500 closed at record highs. The Dow fell 161 points, or 0.3%, while the S&P 500 slipped 0.2% and the Nasdaq Composite lost 0.1%. The small-cap Russell 2000 also pared gains after posting its first […]
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US stocks held near record levels on Tuesday as investors weighed the durability of the market’s rally against looming policy and political risks. Investors await Federal Reserve Chair Jerome Powell’s speech later in the day for further policy cues. The S&P 500 and Nasdaq Composite hovered around the flatline, while the Dow Jones Industrial Average edged higher […]
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Tesla’s presence in the European electric vehicle market weakened further in July, with sales declining for the seventh consecutive month. According to new data released by the European Automobile Manufacturers Association (ACEA), Tesla recorded a 40% year-on-year drop in new registrations, while Chinese rival BYD achieved a sharp increase. The figures reflect growing competition in […]
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The competition to dominate the autonomous ride-hailing market is intensifying, with Tesla and Waymo taking sharply different paths in their rollout strategies. A month after Tesla launched its first robotaxi trial in Austin, Texas, CEO Elon Musk told investors that driverless Teslas could be available to “half the population of the US” by the end […]
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In the latest explosive chapter of his long-running war with federal regulators, billionaire Elon Musk has moved to dismiss a high-stakes lawsuit from the US Securities and Exchange Commission, painting the agency’s action not as a legitimate enforcement effort, but as a politically motivated attack on one of its most prominent critics. The legal battle […]
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While cryptocurrencies remain weak amid Bitcoin’s indecisiveness, Hong Kong has made history again. The HK Securities & Futures Commission has officially approved Chiba AMC’s Solana exchange-traded fund (ETF). Whale Insider @WhaleInsider ·Follow JUST IN: 🇭🇰 Hong Kong officially approves first $SOL spot ETF by ChinaAMC. 1:11 pm · 22 Oct 2025 0 Reply Copy link […]
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Asian stock exchanges, including the Hong Kong Exchanges and Clearing Limited and the Bombay Stock Exchange, have started tightening scrutiny on companies looking to adopt crypto treasury strategies. Throughout Asia, several companies that have disclosed plans to hoard cryptocurrencies have met with resistance from regulators, according to a Bloomberg report, which pointed to recent clampdowns […]
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Gold’s downside potential is expected to be limited and prices are likely to average $4,000 in the last quarter of 2025, ING Group said. The bank further believes that gold prices are expected to average $4,100 per ounce in the first quarter of 2026. “We remain positive on our gold outlook, despite the recent pullback […]
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