Now, we look at what the US Federal reserve's latest policy means to the world. The US Federal reserve kept rates on hold, given the last leg of the inflation fight is not done. Their updated forecasts leave 2024 growth and unemployment unchanged. But inflation projections are higher than previously thought.

How does US Fed policy affect the rest of the world?

And now, let’s take a closer look at China's trade situation. Despite rising tensions with the US and Europe, China's exports have surprisingly surged. This next report explores what's driving this boom and the potential hotspots for China. Take a look.

China surpasses US as top trading partner for Southeast Asia

We turn our focus to see how broader markets opened this morning. Asian stocks rose early on Thursday after a gain in US Technology shares pushed the S&P 500 to a new record high. The dollar, on the other hand, came under pressure on increasing federal reserve rate cut bets.

Asian stocks rise after US Peers hit fresh record highs

Major US stock indexes rose on Friday, with the technology-heavy Nasdaq composite scoring a fresh record peak ahead of the three-day weekend honoring memorial day. All this and more top developments from global markets this week.

Stocks rally globally this week

Indian markets scale new highs this week

The Japanese Yen is experiencing a sustained decline against the US Dollar, reaching a 34-year low. This depreciation is driven by the expectation that the Bank of Japan will maintain its ultra-loose monetary policy. While a weaker yen can benefit Japanese exports, it also pushes up import costs, leading to concerns about inflation and rising living expenses.

Japan aims to control Yen's slide amid market turmoil

China's stock market experienced a significant rebound in the first quarter of 2024, with the stock index rising 14% after hitting five-year lows in February. But here's a catch. To bolster the market, the central state-owned investment fund injected $41 billion, primarily through purchases of exchange-traded funds.

China pumps $41 billion to halt stock market slide

Assets at Blackrock - the world's largest asset manager - hit a record $10.5 trillion in the January-March quarter. The firm also posted a 36% jump in profit as rising global equity markets boosted its investment advisory and administration fees.

Blackrock hits a record $10.5 trillion in AUM in Q1

US core CPI exceeded forecasts for the third consecutive month, rising 0.4% from February and 3.8% year-over-year, likely postponing Fed rate cuts. Watch in for more details!

US inflation comes in at 0.4% for third consecutive month

India is one of the fastest growing major economies in the world, and its stock market is not far behind in valuation growth. The country's stock markets scaled a new record recently, taking it close to the 5 trillion dollar mark. Is there more money to be made in the Indian markets? Watch in for more details!

Indian market now near $5-trillion market cap

Let's take a look at how the stock markets across the world performed this week. Both the US and European stock markets experienced a downturn this week amid surging bond yields following indications from fed officials of hesitancy towards rate cuts this year.

Risk-off sentiment hurts investors

Take a look at how the action unfolded in the global markets this week.

Indian markets eye new record highs

In the bustling markets of the world, where currencies jostle for supremacy, the story of purchasing power paints a vivid picture of economic landscapes. Amidst this backdrop, the rise of India as an economic powerhouse shines brightly, offering consumers a taste of prosperity unparalleled in many developed nations. But could the economics of prosperity translate to votes for the incumbent government?

Higher purchasing power indicates rising affluence in India

China is the world's largest EV Market more than half of the electric vehicles on roads worldwide are found in China. However according to reports US' anti-subsidy probes and trade restrictions are taking a toll on China's booming EV Market.

China's US and EU EV exports hit

China's global EV domination hits a rough road

China's booming EV market heading towards a downward spiral

The global AI race has got yet another boost, thanks to market leader Nvidia. The chip maker has announced its latest AI chip 'B200', which is reportedly 30 times faster than its predecessors. Nvidia's latest innovation is not only likely to extend its market domination but also heat the AI race.

Latest chip is 30 times faster at some tasks than its predecessor

Fidelity International plans layoffs amid China market challenges

We put the spotlight on a significant trend in the Chinese economy: a surge in outbound investment. Faced with a struggling domestic market, Chinese investors are rushing to put their money overseas, pushing sales of offshore funds to record highs. This flight of capital is putting pressure on Beijing's efforts to stabilise the yuan and revive domestic markets.

China's domestic market in turmoil as investors flock overseas

BYD launches new EV model with aggressive pricing amid market competition

Wall Street stocks finished the week with a flourish after continued momentum for equities tied to artificial intelligence, especially Nvidia, which finished with a valuation above $2 trillion for the first time.

Traders' diary: Events to watch this week

China is now the fifth most automated country in the world when measured by robots per worker.

What's new in China's robotics market?

Douglas Readies IPO announcement surrounded by market optimism

India's robust economic growth and investor-friendly policies position it as an attractive emerging market, drawing foreign investments despite global challenges. FDI is expected to rise in 2024, driven by healthy macroeconomic indicators and production-linked incentive schemes.

China’s slump triggers India’s growth

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