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Cryptocurrency Bitcoin slid on Monday, extending losses amid broader market unease and a pullback from risk-heavy assets.The world’s largest cryptocurrency fell around 2 per cent in volatile trading, at one point tumbling as much as 5 per cent to dip below US$65,000 before trimming part of the decline. The move pressured crypto-linked equities, with Coinbase…
File photo (Picture credit: AP) US stocks were mixed in uneasy trading on Tuesday as companies flagged weakening consumer confidence and investors continued reassessing the impact of artificial intelligence on corporate earnings.The S&P 500 was virtually unchanged after swinging between a modest gain and a drop of nearly 1%. The Dow Jones Industrial Average rose…
Shipments of Russian oil to China are projected at about 2.07 million barrels per day for February delivery. (AI image) Even as US President Donald Trump wants the world to stop buying crude oil from Russia, China’s purchases of Russian crude are set to hit a new record in February. China’s procurement of Russian crude…
K Satchidanandan (File photo) THRISSUR: CPM on Tuesday launched efforts to pacify pro-Left writer and Sahitya Akademi president K Satchidanandan , who caused embarrassment to LDF govt ahead of assembly polls by warning against dangers of returning the same political formation to power repeatedly.Party district secretary K V Abdul Khader and Sahitya Akademi vice-president Asokan…
Silver prices surged to an all-time high of $100 an ounce on Friday, crossing the milestone level for the first time as investors flocked to safe-haven assets amid growing uncertainty surrounding the policies of US President Donald Trump, according to AFP.The precious metal touched a record $100.29 per ounce in trade, extending a rally that…
Indian silver exchange-traded funds (ETFs) witnessed a sharp sell-off on Thursday, plunging up to 20% in early trade as investors rushed to exit amid heightened volatility in precious metals. The steep fall wiped out the unusually high premium at which these ETFs were trading compared to international prices and physical silver markets.Nippon India Silver ETF,…
Silver prices surged to an all-time high in the national capital on Monday, crossing the psychologically significant Rs 3 lakh-per-kg mark, while gold also scaled a new record, as heightened geopolitical tensions and tariff-related uncertainty fuelled strong safe-haven demand, PTI reported.According to market participants, silver jumped by Rs 10,000 in a single session to trade…
The rupee weakened for the fourth straight session on Monday, breaching the 91-per-dollar level for the second time in a month before closing 14 paise lower at 90.92 (provisional) against the US dollar, pressured by sustained foreign fund outflows and risk aversion linked to global trade uncertainties, dealers said.At the interbank foreign exchange market, the…
US Supreme Court holds off ruling on tariff policy for another day The US Supreme Court on Wednesday issued three decisions but did not deliver a verdict on the closely watched legal challenge to President Donald Trump’s global tariffs, keeping markets and governments waiting for clarity on a case with wide economic implications.As per news…
Wall Street’s major indexes retreated slightly on Tuesday, as worries over valuations of artificial intelligence stocks lingered in the final days of 2025.Shortly after trading began, the Dow Jones Industrial Average lost 0.2 percent to 48,380.60 while the broad-based S&P 500 Index edged 0.1 percent lower to 6,901.00.The tech-focused Nasdaq Composite Index also pulled back…
