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California’s already strained property insurance market is facing a new challenge as two more insurers, Tokio Marine America Insurance Co. and Trans Pacific Insurance Co., plan to withdraw from the wildfire-prone state entirely starting in July. Continue Reading »
A trader accused of exploiting Mango Markets rules to steal $110 million from the exchange was convicted of fraud in the first US trial involving criminal charges tied to cryptocurrency manipulation. Continue Reading »
Shares in the Elon Musk-owned company slid nearly four per cent in intraday trading Thursday, in what what now stands as the third worst week for the stock in 2024. Continue Reading »
Oil prices recovered after Venezuela lost a major US license that allowed it to export oil to markets around the world, which would hit the volume and quality of its fuel sales. Continue Reading »
Gold prices today: Rising geopolitical tensions have added to the yellow metal's appeal even as US near-term rate cut hopes have faded away. Continue Reading »
“We remain convinced of the structural growth opportunity in Indian equities,” Alexander Wolf, head of Asia investment strategy at JPMorgan Private Bank wrote in a note. Continue Reading »
Infosys ADR crashed eight per cent to $15.95 on the American stock exchange after the IT major slashed its FY25 revenue guidance to 1-3 per cent from the previous 1.5 -2 per cent in the December quarter. Continue Reading »