The U.S. Department of Commerce last week ordered multiple chip equipment companies to halt certain tool shipments to China‘s second-largest chipmaker, Hua Hong, its latest action to slow the country’s development of advanced chips, according to two people familiar with the matter. The department sent letters to at least a handful of companies informing them…
New Delhi, Commerce and Industry Minister Piyush Goyal on Sunday said Indian goods will have a competitive advantage in US markets compared to products from China and other competitor countries, which face higher levies, following the reduction in reciprocal tariffs to 18 per cent. Indian goods to gain edge over China, others in US market…
Home News US markets tumble as big technology companies lose value, investors await key economic data for… The Trump administration said the upcoming October jobs report will be missing some information because the shutdown interrupted data collection. Published: November 14, 2025 7:20 AM IST Washington: US stock markets dropped sharply on Thursday as big technology…
US markets ended mixed on Thursday, with investors juggling upbeat and cautious signals from Big Tech earnings and renewed optimism around US-China trade ties.The S&P 500 slipped 0.2% from its all-time high earlier this week, while the Nasdaq composite lost 0.6%. The Dow Jones Industrial Average, however, gained 199 points, or 0.5%, by mid-morning trade,…
Oct 14, 2025 2:33 PM IST US Stock Market Live Updates: Why Are Michelin Shares Down 9% Michelin shares fell after the tiremaker lowered its financial guidance for the year following a bigger-than-expected sales slump in North America. The stock declined as much as 11% in Paris on Tuesday, the steepest intraday drop in more…
French asset manager Amundi has largely cashed out of China’s September equity rally, reallocating more of its holdings to dividend stocks amid lingering doubts about the country’s economic outlook. The European firm, which manages €2.3 trillion (US$2.7 trillion) in assets, had trimmed positions in “overvalued” Chinese stocks while selectively increasing exposure to onshore shares over…
Billionaire Elon Musk’s electric vehicle (EV) company, Tesla Inc., signed a $16.5 billion chip supply deal with the South Korean electronics maker Samsung Electronics on Monday, 28 July 2025. The EV major aims to focus on the next-generation AI6 chip, according to the executive’s post on the social media platform X. The chip supply partnership…
Hong Kong’s stock market stamp duty income is filling the city’s financial coffers at the fastest pace since 2021, amid a bull run on the local bourse that has attracted scores of initial public offerings (IPOs) and fuelled frenzied trading. Duties from transactions and transfers rose to HK$29.69 billion (US$3.78 billion) in the first five…
Indian equity indices are expected to open on a positive note following mixed global cues. The Asian indices were mixed in morning trade. The GIFT Nifty was trading 0.15% higher at 25,532. Here are key global cues to watch before the market opens that include crude oil prices, FII and DII data, business groups that…