The Pentagon said Iran War costs $29 billion,but the real cost is closer to $200 billion—and counting
Over time, the conflict will likely cost more than $1 trillion, according to one Harvard economist.
Tech Stocks Set to Bounce After $1.3 Trillion Rout on AI Jitters
US technology stocks were set to rebound on Wednesday after concerns around artificial intelligence valuations wiped out nearly $1.3 trillion…
Tuya Sees Growth Despite China Demand Slowdown
Tuya Smart, an AI cloud and IoT platform provider, says growth remains strong despite slowing consumer appliance demand in China.…
PBOC Adviser Sees Potential Rate Cut
Huang Yiping, a member of the monetary policy committee at the People’s Bank of China, says he sees a potential…
Indonesia Plans to Boost Nickel Output, Fueling Price Drop
Indonesia is poised to allow a significant rise in nickel-mine production later this year, providing relief for local smelters while…
Heat Wave Hits Europe, Causing Disruption
Extreme weather will continue across northwest Europe through the weekend, testing temperature records, according to weather models and analysis from…
Tankmaker KNDS Kicks Off Process for IPO in Frankfurt and Paris
Tankmaker KNDS NV started the process to hold an initial public offering in Frankfurt and Paris on Wednesday, a step…
Burbidge: SpaceX FOMO Driving Stock Higher for Now
SpaceX shares ended higher on Tuesday, snapping a three-day selloff that wiped out more than $600 billion from the company's…
Temasek Unit, Oman Wealth Fund Join Vinpearl’s Private Credit
A unit of Singapore’s Temasek Holdings Pte. and Oman’s sovereign wealth fund are the investors in a $255 million private…
Oil Tanker Booked in Persian Gulf at 897% of Benchmark Rate
One of the world’s biggest operators of supertankers has provisionally booked a vessel to transport oil from the Persian Gulf…
Leveraged Korea ETFs Sold Estimated $6 Billion of Shares in Rout
Leveraged exchange-traded funds tracking Samsung Electronics Co. or SK Hynix Inc. probably sold a combined $6 billion of the Korean…
Is the AI Bubble Bursting? Not Yet, Says Dan Farley (Video)
Is the AI Bubble Bursting? Not Yet, Says Dan Farley (Video). Reported by Bloomberg.