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February 12, 2025

Foxconn Expresses Interest in Teaming Up with Nissan Amid Uncertainty

Taiwan’s Foxconn clarified on Wednesday that it is not seeking to acquire Nissan but is open to collaboration as Nissan faces uncertainty after merger talks

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February 12, 2025

Schindler Projects Modest Growth for 2025 Due to Construction Slowdown

Swiss lift and escalator manufacturer Schindler has projected low single-digit revenue growth for 2025 citing weakness in new construction activity while highlighting growth in modernization

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February 12, 2025

Jerome Powell’s Congressional Testimony Offers Key Insights for Investors

Federal Reserve Chair Jerome Powell delivered his twice-yearly testimony to Congress addressing the state of the U S economy inflation and monetary policy outlook. With

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February 12, 2025

Alibaba Stock Soars Following AI Partnership with Apple

Alibaba Group NYSE BABA HK 9988 saw its Hong Kong-listed shares surge to a four-month high on Wednesday after reports emerged about a strategic partnership

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February 12, 2025

U S Tariff Hike and Fed Chair Powell’s Rate Signals

Global markets edged higher on Wednesday as investors processed the latest U S tariff changes and Federal Reserve Chair Jerome Powell’s cautious signals on interest

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February 12, 2025

Siemens Energy Breaks Records with €131 Billion Order Book Amid

Siemens Energy has achieved a significant milestone in the energy sector, recording a €131 billion ($135.5 billion) order book. This achievement showcases the strong demand

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February 12, 2025

PBOC Adjusts USD/CNY Reference Rate—Market Reacts

On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session at 7.1710. This adjustment comes in contrast to

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February 12, 2025

NZD/USD Shows Modest Gains Ahead of US CPI Release

NZD/USD has posted modest gains, currently trading above the 0.5650 level as investors await crucial US CPI data. This release could significantly influence market sentiment

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