The parallels between President Trump and Liz Truss, Britain’s shortest-serving prime minister, are growing starker. Ms. Truss triggered market turmoil in 2022 after she proposed sweeping tax cuts that she proposed to pay for with massive government borrowing. Ms. Truss was ultimately doomed by fears of a credit crisis after yields on British government bonds…
The US stock market plunged sharply on Thursday, with the Dow Jones Industrial Average dropping 1,400 points, or 3.3%, amid widespread concerns triggered by President Donald Trump’s latest set of severe tariffs. According to news agency AP, the S&P 500 fell 4%, while the Nasdaq Composite dropped 5.1%, reflecting a broader global market sell-off. At…
What began as a strong rally in March is now showing signs of uncertainty. Foreign Institutional Investors (FIIs), who played a major role in driving a 6% rally in the Nifty throughout March, have sold off Rs 10,255 crore worth of Indian stocks in recent trading sessions. The sell-off comes just before US President Donald…
Bitcoin fell below $90,000 for the first time in more than a month, becoming the latest victim of a widening rout in cryptocurrencies.The coin traded at around 89,000 at 7:25 a.m. London on Tuesday after hitting its lowest point since Nov. 18.The decline came amid a broad selloff in the crypto market. Sentiment has turned…
Billionaires whose fortunes are linked to artificial intelligence were the biggest losers: Huang saw his fortune fall $20.1 billion. The world’s 500 richest people, led by Nvidia Corp. co-founder Jensen Huang, lost a combined $108 billion on Monday as a tech-led selloff tied to Chinese AI developer DeepSeek sent major indices plunging.Billionaires whose fortunes are…
MUMBAI: Three IPOs (initial public offers) that opened on Thursday on Dalal Street- DAM Capital Advisors, Transrail Lighting and Mamata Machinery – were fully subscribed within hours, despite weak market sentiment. Ready to Master Stock Valuation? ET’s Workshop is just around the corner! Source link
Foreign portfolio investors (FPIs) have pulled out Rs 26,533 crore from the Indian equity market in Nov so far, owing to increasing allocations to China, concerns over muted Q2 earnings and elevated valuation of stocks. IPL 2025 mega auction IPL Auction 2025: Who got whom IPL 2025 Auction: Updated Full Team Squads Ready to Master…
NEW DELHI: Foreign investors have pulled out Rs 22,420 crore from the Indian equity market so far this month, owing to high domestic stock valuations, increasing allocations to China, and the rising US dollar as well as Treasury yields.With this sell-off, Foreign Portfolio Investors (FPIs) have recorded a total outflow of Rs 15,827 crore in…