Browsing: Business

Novo Nordisk’s amycretin shows up to 22% weight loss in trials, boosting its stock by 6.87% as the drug exhibits safety and potential as a next-gen obesity treatment.

Trade tensions rise as Trump considers tariffs on China and the EU. Canada warns of countermeasures, while China calls for cooperative solutions to trade disputes.

The Dow surged 244 points as President Trump’s softer tariff approach reassured investors, with major indices rising on tempered fears over potential trade conflicts.

Beijing struggles to stabilize the yuan as Trump tariffs and a strong U.S. dollar intensify pressures on China’s economy, raising global concerns about financial and trade stability.

The 10-year Treasury yield hit a 14-month high as investors await inflation reports, with key data on producer and consumer prices expected to influence Federal Reserve policy.

Nvidia stock dipped 6.2% after CES, but analysts emphasize the company’s AI leadership, highlighting advancements like the Blackwell AI processor and its partnerships in autonomous driving.

Chinese stocks face mounting pressure as Tencent and CATL shares fall following U.S. military ties allegations, raising global investor concerns over market stability and economic recovery.

Oil prices fell 1% amid weak economic data from the US and Germany, reversing recent gains driven by a weaker dollar and surging winter demand in the US.

South Korea’s foreign reserves increased slightly in December but fell to their lowest year-end level in five years, reflecting currency volatility, according to the Bank of Korea.

Oil prices surged to multi-month highs as US crude stockpiles fell for the sixth straight week, boosting WTI and Brent amid tightening supplies and bullish technical trends.