World

Nvidia recently reported its fourth fiscal quarter earnings, surpassing Wall Street’s expectations for both earnings and sales. The company announced adjusted earnings per share of $5.16, exceeding the forecasted $4.64 per share. Additionally, Nvidia’s revenue for the quarter reached $22.10 billion, surpassing the expected $20.62 billion. As a result of these strong financial results, Nvidia
In an attempt to boost the sluggish property market in China, the country’s lenders have decided to cut the benchmark five-year loan prime rate. This move, initiated for the first time since June, is seen as a significant step towards revitalizing the economy and encouraging more investments in the real estate sector. The reduction of
The U.S. Federal Reserve’s decision to cut interest rates is expected to have a significant impact on currency valuations, particularly in Asian markets. Traditionally, higher interest rates attract foreign investment, leading to an increase in demand for the associated currency. However, with the Fed adopting a more dovish stance and markets pricing in rate cuts,
Ukrainian President Volodymyr Zelenskyy made headlines by openly inviting U.S. presidential hopeful Donald Trump to visit the war-torn front lines of Ukraine. This move, announced at the Munich Security Conference, demonstrated Zelenskyy’s willingness to confront skeptics of Washington’s support for Kyiv. By extending this invitation, Zelenskyy put himself in a vulnerable position, exposing the harsh
Japan’s once-thriving economy has faced a significant setback, plunging into a technical recession in the October-December period. The latest provisional government data reveals that high inflation has severely hampered domestic demand and private consumption in what was once the world’s fourth-largest economy. This unexpected contraction not only poses a challenge for Bank of Japan Governor