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RBI Infuses Trillions Into India’s Financial System
What’s going on here? The Reserve Bank of India (RBI) is stirring things up by pumping around 1.50 trillion rupees ($17.34 billion) into the financial system to enhance liquidity and potentially clear ...
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UK Shop Prices Ease, But Food Costs Jump
What’s going on here? The British Retail Consortium (BRC) reported that UK shop prices in January fell less than anticipated, while food costs saw their largest rise since last April. Government ...
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3D Investment Partners Targets Increased Stake In NTT UD REIT
Find out what happened in the markets today – and why you should care – with the free Daily Brief newsletter. 3D Investment Partners, a Singapore-based activist fund, has launched a $160 million ...
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DeepSeek's Janus-Pro-7B Outshines AI Giants In Image Generation
What’s going on here? DeepSeek, a Chinese startup, has made waves in the AI industry with its Janus-Pro-7B model, outperforming OpenAI's DALL-E 3 in image synthesis benchmarks. DeepSeek has ...
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Indian Oil Corporation Adjusts Strategy With West African Crude Buys
Find out what happened in the markets today – and why you should care – with the free Daily Brief newsletter. With US sanctions targeting Russian oil, IOC is transitioning its purchases to West ...
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Cold Snap
What’s going on here? Data out on Monday showed that China’s factories moved at their slowest pace since August in January, and it’ll take more than fuzzy socks and a SAD light to shake off that ...
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Japan's Service Inflation Hikes Anticipate Continued Interest Rate Increases
What’s going on here? Japan's service-sector inflation rose to 2.9% in December, fueled by price hikes in services like accommodation and transportation, prompting the Bank of Japan to rethink ...
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Syrian Bank Accounts Unfrozen After Regime Change
What’s going on here? The Syrian central bank has lifted the freeze on most bank accounts as of January 27, 2025, following Bashar al-Assad's ousting last month. This financial thaw follows the ...
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Rupee's Weak Opening As Global Markets Waver
Find out what happened in the markets today – and why you should care – with the free Daily Brief newsletter. As global markets remain jittery, the Indian currency is under pressure, primarily due to ...
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Australian Business Shows Festive Bounce Back In December
Find out what happened in the markets today – and why you should care – with the free Daily Brief newsletter. December brought some cheer to Australian businesses, signaling a rebound in activity ...
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DeepSeek's AI Innovation Shakes Up US Power Stocks
What’s going on here? DeepSeek, a Chinese start-up, has shaken up US energy stocks with its AI tech that questions future electricity demand, causing drops in power and natural gas shares. DeepSeek’s ...
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Mercedes-Benz Expects Higher Margins Despite Sales Slip
What’s going on here? Mercedes-Benz expects to exceed its adjusted margin expectations for the last quarter of 2024 despite a dip in car sales – a testament to the luxury automaker's strategic ...