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WhatsApp bans record over 76 lakh accounts in India
WhatsAppIANS Meta-owned WhatsApp on Monday said it banned more than 76 lakh accounts in India in the month of February, in compliance with the IT (Intermediary Guidelines and Digital Media…
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Australia: Shares hit record high; RBA cautious on inflation
AUSTRALIAN shares hit an all-time high on Tuesday as trading resumed after a long holiday weekend, with miners leading the way, while market participants assessed minutes of the central bank’s…
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Cocoa hits record even with hedge funds least bullish since 2022
MONEY managers have slashed their bullish bets on cocoa to the lowest in 17 months, a sign that commercial traders have played a key role in the rally that sent…
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UK Says Channel Crossings On Small Boats Hit A Record This Winter
Channel arrivals on small boats to the UK hit a record in the first quarter of 2024 with a nearly 42 percent rise over last year, the interior ministry said…
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Gold Hits New Record High On Fed Rate Cut Bets
Gold hit a new high of $2,256.44 AFP Gold hit another fresh record high Monday as investors grow confident that the Federal Reserve will cut interest rates this year, even…
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Asian LNG imports jump to record for March on bargain buying
GLOBAL liquefied natural gas (LNG) supplies are shifting back to Asia after a drop in prices prompted a flurry of purchases from emerging nations. Shipments to Asia rose to about…
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Gold hits record high on rising hopes for Fed rate cut in June
GOLD prices touched a record high on Monday (Apr 1) after data showed that United States inflation moderated in February, boosting bets for the Federal Reserve’s June interest rate cut.…
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AI craze drives record quarterly foreign flows to South Korean stocks
INVESTORS’ frenzy over artificial intelligence (AI) drove the largest quarterly foreign inflow to South Korean shares, contributing to a global rally in AI-related stocks. Overseas investors bought a net US$12.2…
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Australia: Shares notch record closing high
AUSTRALIAN shares posted a record closing high on Thursday (Mar 28), with most heavyweight sectors logging strong gains, while investors globally looked forward to a keenly awaited US inflation report…
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Apple’s iPhone maker sets record high as AI mania persists
SHARES of Hon Hai Precision Industry soared as artificial intelligence (AI) mania outweighs concerns over a sluggish recovery in the smartphone sector. Hon Hai, which makes iPhones for Apple, rose…
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US: S&P 500 ends at record high as stocks bounce
THE S&P 500 pushed to a fresh record Wednesday as Wall Street stocks bounced after a few downcast sessions as investors eyed the finale of the first quarter. With the S&P 500…
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India central bank keen to build up record high FX reserves
INDIA’S central bank will keep building its forex reserves as it seeks to build larger buffers, and strong inflows into the country’s equity and debt markets give it an opportunity…
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Hershey hit with downgrade as cocoa prices touch record
HERSHEY was downgraded at BNP Paribas Exane to neutral from outperform on Tuesday (Mar 26), citing the recent surge in cocoa prices that suddenly looks less transitory in nature. Cocoa…
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Chinese EV Giant BYD Announces Record Annual Profit For 2023
Chinese battery and automotive giant BYD achieved a record profit in 2023, annual results showed Tuesday, despite fierce competition in the country as demand for electric vehicles grows. The Shenzhen-based…
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Fed’s operating losses swelled to record US$114.3 billion in 2023
THE Federal Reserve’s expenses exceeded its earnings in 2023 by US$114.3 billion, its largest operating loss ever, forcing the US central bank to forgo remittances to the Treasury as interest…
