Business

DOJ Probes Nvidia’s License Deal With Groq on Antitrust Concerns

The Justice Department is investigating whether Nvidia Corp. structured its $20 billion licensing agreement with AI chip startup Groq Inc. to avoid antitrust review.

Trump Says Strait of Hormuz Should Be 'Trump Strait'

Donald Trump suggested renaming the Strait of Hormuz after himself during remarks on Iran, claiming theUS controls the key trade route and predicting lower oil prices. (Source: Bloomberg)

UBS CEO flags investor complacency as geopolitical and economic risks mount

The UBS top boss cautioned that investors face an increasingly complicated environment given multiple headwinds.

Stock prices drop as oil spike fans fears of worsening inflation

As the US and Iran trade air strikes in the vital Strait of Hormuz and Yemen's Houthi rebels step up their campaign against Saudi Arabia, surging oil prices have seen stocks falling across Asia. Investors appear to be holding their breath…

Middle East live: Trump warns Iran 'not to get cute' over activity at Pickaxe mountain

President Donald Trump said on Wednesday the United States may hit Iran's Pickaxe Mountain, warning them "not to get cute." He also commented that oil prices that have surged because of the Iran war likely won’t come down until after US…

Trump says oil prices that spiked because of Iran war likely won’t come down until after midterms

President Donald Trump stated that the spike in oil prices due to the Iran war is expected to continue until after the U.S. midterm elections. Prices surged over 3%, crossing the $100 threshold for Brent crude.

Adani Stocks Rebound as Group Steps Up Fundraising

Overseas investors are returning as the group steps up its expansion plans.

Trump suggests Strait of Hormuz be renamed Trump Strait

The US president separately said he is convinced that oil prices would go down after the US wins the war with Iran

China Fund With 182% Return Sees Bullish Case for Optical Stocks

A selloff in Chinese optical-component stocks has only made the case for one of the hottest corners of the artificial intelligence trade more compelling, according to a top-performing money manager.

BOJ policymaker warns of price risks that may trigger rapid rate hikes

BOJ may be forced to hike rates rapidly if inflation accelerates, board member Masu says

Trump promises $5,000 ‘dividend’ for US voters if Republicans win midterms

President pledges to campaign vigorously for his party despite his plummeting approval ratings