BEIJING: China will adopt an “appropriately loose” monetary policy next year as part of steps to support economic growth, state media reported on Monday citing a Politburo meeting, marking the first such shift towards loosening since 2010. China will implement a more proactive fiscal policy and step up “unconventional” counter-cyclical adjustments, Xinhua reported, citing the…
Shares of Nvidia rallied to a record high on Thursday, making the chipmaker the first company in history to surpass a stock market value of $3.6 trillion as Wall Street extended a rally sparked by Donald Trump’s return to the White House. The dominant AI chipmaker’s shares rose 2.2%, lifted by broad investor optimism about…
NEW YORK: The Nasdaq scored a record closing high and the S&P 500 rose on Tuesday, while the Dow fell as investors digested a host of corporate earnings and awaited Google-parent Alphabet’s results that came after the market close. Alphabet, one of the so-called “Magnificent Seven” megacap technology stocks, reported quarterly revenue that beat estimates….
