Browsing: Business

European markets fell Wednesday after EU economic sentiment data showed declines, raising growth concerns. Shell shares dropped 2.2% following lower LNG and chemicals forecasts.

U.S. Treasury yields rose Wednesday as investors awaited labor data and Fed minutes, focusing on interest rate outlook amid economic strength and inflation expectations.

ADNOC L&S completes an $1.04 billion acquisition of 80% of Navig8, strengthening its global maritime logistics footprint and setting plans to acquire the remaining stake by 2027.

Chinese stocks face mounting pressure as Tencent and CATL shares fall following U.S. military ties allegations, raising global investor concerns over market stability and economic recovery.

Oil prices fell 1% amid weak economic data from the US and Germany, reversing recent gains driven by a weaker dollar and surging winter demand in the US.

U.S. stocks rallied Monday, with the Dow up 351 points and Nasdaq gaining 1.8% as chipmakers surged following Foxconn’s record revenue. Investors await economic data and Fed guidance.

South Korea’s foreign reserves increased slightly in December but fell to their lowest year-end level in five years, reflecting currency volatility, according to the Bank of Korea.

Senate investigators revealed Credit Suisse maintained Nazi-linked accounts, some active until 2022, raising questions about historical accountability and transparency in banking.

Microsoft plans to invest $80 billion in AI data centers by June 2025, expanding infrastructure to power AI growth and innovation globally.

Asian markets mixed as China stocks drop on weaker manufacturing, while Singapore’s GDP grew 4% in 2024, reflecting economic resilience amid global uncertainties and trade pressures.