World

Nvidia recently reported its fourth fiscal quarter earnings, surprising Wall Street analysts with earnings and sales that exceeded expectations. The company’s earnings per share came in at $5.16, adjusted, compared to the $4.64 that was expected. Additionally, the revenue was reported at $22.10 billion, surpassing the expected $20.62 billion. This strong performance led to Nvidia’s
0 Comments
China’s recent decision to cut the benchmark five-year loan prime rate marks a significant move by the country’s lenders to stimulate the sluggish property market. While the one-year loan prime rate remained unchanged at 3.45%, the five-year rate, which serves as the benchmark for most mortgages, was reduced by 25 basis points to 3.95%. This
0 Comments
Ukrainian President Volodymyr Zelenskyy made a bold statement at the Munich Security Conference, expressing his willingness to take U.S. presidential candidate Donald Trump to the front lines of Ukraine. Zelenskyy’s offer to accompany Trump to witness the impact of Russia’s invasion of Ukraine demonstrates a strong stance on the ongoing conflict. Despite Zelenskyy extending the
0 Comments
Japan’s economy was hit hard as it unexpectedly contracted once again in the October-December period, pushing the country into a technical recession. The provisional government data revealed that high inflation has crimped domestic demand and private consumption, posing a significant challenge for Bank of Japan Governor Kazuo Ueda in normalizing interest rates and for Japanese
0 Comments
Inflation concerns continue to rattle global markets as the Asia-Pacific region witnessed a downturn following Wall Street’s losses. The U.S. January inflation exceeded expectations, with the consumer price index (CPI) climbing 3.1% on a 12-month basis and 0.3% for the month. This article explores the repercussions of higher inflation on Asia-Pacific markets, highlighting the decline
0 Comments
The stock market began the week on a positive note, following last week’s strong performance. Both the S&P 500 and Dow Jones Industrial Average reached new all-time highs, signaling optimism among investors. The broad market index was up 0.3%, while the Dow gained 195 points, or 0.5%. The Nasdaq Composite also saw a 0.3% increase.
0 Comments