Author: Editor-In-Chief
One important trend has emerged this year. That means this year’s biggest winners are overseas. Emerging country stocks represented by iShares MSCI Emerging Markets ETF (EEM) While all non-U.S. stocks are up more than 7% this year, iShares MSCI ACWI ex US ETF (ACWX) Earning more than 5% profit. In comparison, the U.S. market has lagged, with the S&P 500 index in negative territory since the beginning of the year. The overall market index fell 0.3%. This relationship is at odds with the past decade, when near-zero interest rates in the United States strengthened the country’s renowned technology leadership, while…
BANGKOK (AP) – Asian stocks opened sharply higher on Thursday following a rebound on Wall Street, as South Korea’s Kospi recouped much of the previous day’s historic losses. However, U.S. futures fell, with the Dow Jones Industrial Average dropping 0.3% and the S&P 500 index down 0.1%. In Seoul, the Kospi rose 10.1% to 5,607.71 as the government announced emergency economic measures. The Kospi recorded its biggest single-day decline on record on Wednesday. But it has recently soared to record highs, with traders locking in their profits due to the war with Iran. Tokyo’s Nikkei 225 index rose 2.8% to…
listen to this article | 4 minutesinformationU.S. Secretary of the Interior Doug Burgum met with Venezuelan interim President Delcy Rodriguez in Caracas as part of U.S. President Donald Trump’s push to expand oil and mineral production in the South American country.On Wednesday, the meeting culminated with Rodriguez’s announcement that he would submit a bill to reform Venezuela’s mining law to the country’s parliament within the next few days.Recommended stories list of 3 itemsend of listBurgum also expressed optimism that economic ties between the United States and Venezuela will continue to grow.”The opportunities for cooperation and synergy between our two great…
Ten-man Newcastle won 2-1 thanks to a sublime goal from substitute William Osula in the 90th minute, handing manager Michael Carrick his first defeat as Manchester United manager. Eddie Howe’s side overcame adversity with Jacob Ramsey’s controversial first-half sending off to end a three-game losing streak in the home league, conceding an apparent dive following a challenge from visiting goalkeeper Senne Ramens. In a chaotic first-half stoppage time that started with Ramsey’s second yellow, Anthony Gordon converted a penalty from Bruno Fernandes to put Newcastle ahead, but the captain put Casemiro back on his feet and United quickly equalized. Breaking…
Oscar Wong | Moments | Getty ImagesWith the U.S. housing shortage, some lawmakers want to lower capital gains taxes on home sales. But experts are divided on whether the idea will help address the country’s housing affordability crisis.Sens. Ted Cruz (R-Texas) and Tim Scott (R-S.C.) sent a letter to Treasury Secretary Scott Bessent this week asking him to use enforcement powers to reduce capital gains taxes by indexing asset “bases,” or purchase prices, to inflation. Under current law, investors pay capital gains tax on the difference between the asset’s base value and sales price. But according to a letter seen…
People walk past the Amazon Web Services (AWS) logo at an exhibitor booth at India Mobile Congress 2025 at Yashobhoomi convention and exhibition center in New Delhi, India, on October 8, 2025. Anushree Fadnavis | ReutersAmazonIranian state media reported on Wednesday that the company’s data center in Bahrain was targeted by Iran’s Islamic Revolutionary Guard Corps due to the company’s support for the US military. The company’s cloud computing division announced Monday that one of its facilities in Bahrain was damaged in a nearby drone attack on Sunday. Two data centers in the United Arab Emirates were also damaged by…
BANGKOK (AP) — Global energy trade is in turmoil. War around the Persian Gulf Transportation of oil and natural gas is disrupted, causing prices to soar. Asia is most at risk because it relies heavily on imported fuel, much of which is transported through the Strait of Hormuz, a narrow shipping corridor. 1/5 of world trade Found in crude oil and liquefied natural gas (LNG).About 13 million barrels of oil per day passed through the corridor in 2025, according to energy consultancy Kpler. This represents about one-third of offshore crude oil, which is unrefined petroleum that is processed into fuels…
Basilio Gutierrez, Cuba’s ambassador to Ecuador, and his diplomatic staff were given 48 hours to leave Quito.listen to this article | 4 minutesinformationPublished March 5, 2026March 5, 2026Click here to share on social mediaShare 2shareplus 2 googleAdd Al Jazeera to GoogleinformationPower outages have occurred in most parts of Cuba, including the capital Havana, the state-owned power company has announced, as the administration of US President Donald Trump continues its attempts to cripple the Caribbean nation by cutting vital oil shipments.News of Wednesday’s widespread power outage emerged as diplomatic relations with Ecuador’s Latin American neighbor plummeted after the expulsion of Havana’s…
Manchester City twice conceded the lead in a heartbreaking 2-2 draw with Nottingham Forest, dropping a further two points as they trail Premier League leaders Arsenal.Josep Guardiola’s side’s next league appearance at the Etihad will be against the Gunners in mid-April, which will be broadcast live on Sky Sports. Perhaps things will change again by then, but for now, Arsenal’s win over Brighton on Wednesday has widened the gap at the top of the table to seven points. On a night when City lacked balance and finesse from Nico O’Reilly in midfield, Antoine Semenyo and Rodri scored on either side…
At Morgan Stanley’s Technology, Media and Telecom Conference in downtown San Francisco on Wednesday, NVIDIA CEO Jensen Huang said the company’s recent investments in OpenAI and Anthropic are likely its final investments in both companies, and the investment window will close once the companies go public, as expected later this year. It could be something as simple as that. At a time when companies are rushing to make more profits, sometimes close to the eve of going public, Nvidia is minting money by selling the chips that power both companies. There’s no need to pour more money into one or…