In a big step for digital finance in India, Flipkart, which is owned by the US retail giant Walmart, has received official approval to lend money directly to its users and sellers in India. This is a very important moment because it marks the first time that a major online shopping platform in the country …
The US stock market has started to bounce back after months of ups and downs caused by trade tensions and new tariffs. Investors were worried about how these trade policies would hurt the economy, but now there are signs that the worst may be over. The S&P 500, which tracks the performance of big US …
A group of more than 40 companies, universities, and research teams, led by Nokia, has started a new project to protect Europe’s most important infrastructure using drones and robots. The goal is to keep energy grids, communication lines, and data centers safe from threats. The project is partly funded by the European Union and includes …
The United States Securities and Exchange Commission, often called the SEC, is planning to take early steps to review and possibly change the rules for foreign companies that are traded on U.S. stock markets. A public meeting is scheduled in Washington, D.C., and officials are expected to talk about whether new rules should be created. …
Toyota Motor Corporation, a major car company from Japan, recently announced a plan to buy all the shares of its related company, Toyota Industries, for about $33 billion. This means Toyota wants to take full control and make Toyota Industries a private company, no longer listed on the stock market. However, this plan has upset …
The U.S. stock market saw a boost on Tuesday, with big gains in companies that make computer chips like Nvidia and Broadcom. This rise in the market came at a time when investors are watching closely for updates on trade talks between the United States and other countries. People are especially interested in how the …
Global tensions are rising as China has decided to block the export of some very important materials. These materials, known as critical minerals and rare earth magnets, are used to make many things like electric cars, airplanes, mobile phones, computers, military equipment, and even robots. The United States and many other countries are now extremely …
The US dollar has been struggling this year, and even though it has stabilized a bit recently, traders in the foreign exchange (FX) options market believe it could weaken even more. Many investors are worried about the US economy and ongoing trade tensions, which are making them doubt the dollar’s strength. At the start of …
Last year, some top Tesla executives were shocked when Elon Musk publicly denied a report saying the company had canceled its plan to make a new affordable electric car. This car, often called the Model 2, was expected to cost around $25,000 and help Tesla sell more vehicles worldwide. However, behind the scenes, Musk had …
The prices of steel and aluminum in the United States shot up suddenly, while the stock prices of companies that make these metals in other countries dropped sharply. This happened after former US President Donald Trump said he would increase taxes on imported steel and aluminum to 50%, double the previous rate. The new rules …
In a surprising move, the US government has decided to cancel Jared Isaacman’s nomination to lead NASA. Reports suggest this decision came after officials learned that Isaacman had previously donated money to well-known Democrats, including Arizona Senator Mark Kelly. This news comes just one day after Elon Musk, a close associate of Isaacman, publicly stepped …
The stock market had a fantastic month in May, with the S&P 500 seeing its best performance in 35 years. The big reason behind this surge was President Trump’s decision to reduce some tariffs, which helped stocks climb higher. The S&P 500 went up by more than 6%, while the Dow Jones Industrial Average gained …
Japan Prime Minister Shigeru Ishiba is thinking about traveling to Washington to meet U.S. President Donald Trump before the G7 summit in mid-June. The meeting would focus on trade discussions between the two countries. According to a report from a Japanese newspaper, the government is hopeful about making progress in these talks to avoid new …
South Korea’s exports dropped in May for the first time in four months as trade tensions and new tariffs affected sales to the United States and China. The country, known as a key player in global trade, saw its overseas shipments fall by 1.3% compared to the same time last year, reaching $57.27 billion. This …
