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Trump says Taiwan should pay for its own defense, TSMC shares...

Taiwan should pay for the United States' defence because it gives it nothing, US Republican presidential candidate Donald Trump said. Reuters reports. Shares of...

US stocks closed mixed after Fed chief’s speech, dollar rose

Stocks in the United States closed mixed today. Markets watched a speech by US Federal Reserve (Fed) chief Jerome Powell and the Nasdaq and...

Walmart’s profit and sales beat estimates

US retailer Walmart increased net profit to $5.1bn in the first quarter of its fiscal year from $1.67bn in the same period last year,...

What’s Temu?

Temu is a US-based online marketplace that offers extremely competitive prices on thousands of products shipped directly from China. The company is based in...

Oil prices fall after April US unemployment report

Oil prices are falling after the unemployment report and are on track to post their biggest weekly loss in three months. Prices have been...

US stocks weaken, big US banks report mixed results

US stocks weakened today. Major US banks earlier reported mixed results. The market mood was further determined by US inflation and geopolitical tensions. All...

US stocks strengthen after unemployment report, dollar index rises

US stocks gained at the end of the week. A favorable unemployment report reinforced the view that the economy remains healthy, although it also...

US stocks weaken on interest rate uncertainty, dollar falls

Stocks in the United States weakened today. Investors weighed the chances of the US central bank (Fed) delaying an interest rate cut. Shares in...

US stocks closed flat today, up significantly for the quarter

American stocks closed today's trading without significant changes, but they strengthened significantly for the entire first quarter. The Dow Jones index, which includes shares...

EU investigates Apple, Google and Meta over internet regulation

The EU Commission (EC) has launched its first investigation into US technology companies Apple, Google and Meta Platforms for possible breaches of the Digital...

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