Amid ever-increasing uncertainties on the global front and similarly rising geopolitical tensions between India and Pakistan, the Indian equity markets demonstrated strong resilience. They consolidated before ending the week on just a modestly negative note. The trading range remained modest; the Nifty oscillated in a 590-point range. While the markets defended their key support levels, the volatility surged. The volatility ...
The US Federal Reserve met on Tuesday (May 6) and Wednesday (May 7) for the third time in 2025. Ultimately, the committee decided to maintain its benchmark rate in the 4.25 to 4.5 percent range that was last set in November 2024. Fed Chair Jerome Powell cited balance in the central bank’s dual mandate of price stability and maximum employment, ...
Here’s a quick recap of the crypto landscape for Friday (May 9) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$103,116 as markets closed for the week, up 2 percent in 24 hours. The day’s ...
This week proved pivotal for the tech and energy sectors as market dynamics and the regulatory landscape shifted. Apple (NASDAQ:AAPL) made waves by signaling a foray into artificial intelligence (AI) search and challenging app store regulations, while OpenAI underwent a major restructuring amid legal battles with Elon Musk. Meanwhile, legislation targeting AI chip tracking gained momentum, and the nuclear energy ...
Police on a Japanese holiday island have arrested three Chinese nationals after thousands of protected hermit crabs were found stuffed into multiple suitcases. The three suspects – Liao Zhibin, 24, Song Zhenhao, 26, and Guo Jiawei, 27 – were found to have 160 kilograms (353 pounds) of the live crustaceans in their possession on Wednesday, according to police on the ...
They are considered one of the world’s most dangerous, and indiscriminate, weapons. Yet five European countries have turned their backs on an international treaty on the use of landmines, citing the growing threat from Moscow. Finland, Poland, Latvia, Estonia and Lithuania – which all border Russia – have made moves to pull out of the Ottawa Treaty, the agreement that ...
Former Panamanian President Ricardo Martinelli left the Nicaraguan embassy in Panama City, where he had sought refuge more than a year ago after the courts upheld a money laundering sentence against him, and headed to Colombia where he has received political asylum, the government said late Saturday. Panama’s foreign ministry said in a statement that Colombian President Gustavo Petro sent ...
A fourth round of talks between the US and Iran on Tehran’s nuclear program have begun in Oman, according to Iranian state media, with the two sides aiming to overcome divisions that could scupper the tentative negotiations. The talks, held indirectly, are the latest between the two countries, and are aimed at addressing Tehran’s nuclear program and lifting sanctions. The ...
Pope Leo XIV stepped out onto the balcony of St. Peter’s Basilica to thunderous applause and an electric atmosphere, to deliver his first Sunday blessing and an address calling for peace in Ukraine and Gaza. The last time he stood on the same velvet-draped ledge, the fragrant scent of white smoke was still hanging in the air and looks of ...
America’s supply chain is under attack. From coast to coast, organized criminal groups are hitting trucks on the road, breaking into warehouses and pilfering expensive items from train cars, according to industry experts and law enforcement officials CNBC interviewed during a six-month investigation. It’s all part of a record surge in cargo theft in which criminal networks in the U.S. ...