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Skechers Acquired for $9 Bn by 3G Capital Amid US–China Tariff Tensions  

Skechers Acquired for $9 Bn by 3G Capital Amid US–China Tariff Tensions  

6 May 2025

The iconic footwear brand Skechers is being acquired for over $9 billion by investment firm 3G Capital, as per news reports. The all-cash deal, offering $63 per share, represents a 30% premium over Skechers’ 15-day average stock price. The move was unanimously approved by the company’s board. This acquisition comes during heightened U.S.-China trade tensions …

Met Gala 2025 Raised Record $31 Mn, Sets New Fundraising Benchmark 

Met Gala 2025 Raised Record $31 Mn, Sets New Fundraising Benchmark 

6 May 2025

The Met Gala continues to cement its legacy as the most influential and lucrative cultural fundraiser in New York City, US. This year’s edition of the annual fashion spectacle raised a staggering $31 million, the highest in the event’s history, according to the Metropolitan Museum of Art.  Hosted every first Monday of May at the …

Alphabet Earnings Report Shows Strong Profits Amid Legal Battles and Market Challenges

Alphabet Earnings Report Shows Strong Profits Amid Legal Battles and Market Challenges

25 April 2025

Alphabet earnings report indicates that Google’s parent company has posted a strong growth for Q1 of FY2025. The tech giant earned a massive US$34.54 billion in profit, up from US$23.66 billion during the same period last year. Much of this jump was due to gains from investments, not from the company’s daily business operations. Alphabet …

Samsung May Shift Manufacturing to India Amid US Tariffs on Vietnam

Samsung May Shift Manufacturing to India Amid US Tariffs on Vietnam

24 April 2025

Samsung, the South Korean tech giant, is reportedly in talks to shift some of its smartphone and electronics manufacturing from Vietnam to India. This move comes after the US announced a 46% tariff on Vietnamese goods earlier this month, as part of retaliatory trade measures. Indian goods were also hit with a 10% levy, but …

Know Which Indian Construction and Mineral Stocks Could Be Affected by U.S. Tariffs Here!

Know Which Indian Construction and Mineral Stocks Could Be Affected by U.S. Tariffs Here!

3 April 2025

The Trump administration’s proposed tariffs on Indian imports are poised to have a significant impact on India’s construction and mineral sectors. By imposing a 27% tariff on goods like steel, aluminium, and construction materials, the U.S. government aims to protect American industries, but the move could disrupt global trade, particularly affecting Indian exporters. Overview of …

Will “Liberation Day” Tariffs Upset USA’s Trade Partners? Know More Here!

Will “Liberation Day” Tariffs Upset USA’s Trade Partners? Know More Here!

2 April 2025

The USA’s trade partners have important economic ties with the country. The United States is one of the world’s biggest economies, and its trade relationships are crucial for its economic growth. The U.S. exports various goods to friendly countries, with its top trade partners being Mexico, Canada, China, France, and several other European countries. In …

Will the United States Exit the World Bank and the IMF?

Will the United States Exit the World Bank and the IMF?

3 March 2025

Project 2025 is a conservative blueprint of Donald Trump’s second presidency in the United States. It is aimed at reshaping government institutions by advancing conservative policies and limiting the influence of liberal agendas. Financial Gains From IMF Every year, the US Treasury Department analyses the financial impact of America’s contributions to the World Bank and …

From Singapore to India: The Game-Changing Stocks Sparking a Gold Rush!

From Singapore to India: The Game-Changing Stocks Sparking a Gold Rush!

19 September 2024

Singapore’s contribution to India’s financial markets goes beyond private wealth management and hedge funds. It is the largest FII and the 8th largest institutional investor in India. FDI from Singapore is worth over $150 billion and is increasing.  Singapore is second only to the US among the top FIIs in India. Besides the Singapore Government, …

Is the US Stock Market Headed for an AI-Driven Bubble?

Is the US Stock Market Headed for an AI-Driven Bubble?

25 July 2024

Similarities to the Dot-Com Bubble The recent surge in US AI related stock prices, particularly in the technology sector, has evoked comparisons to the dot-com bubble of the late 1990s. This era witnessed a rapid rise in internet-related stocks, followed by a dramatic crash in early 2000. The current rally is fuelled by excitement over …

The Real Reason Behind the $500 Billion Semiconductor Stock Crash!

The Real Reason Behind the $500 Billion Semiconductor Stock Crash!

18 July 2024

A $500 Billion Meltdown in the Semiconductor Market On Wednesday, Wall Street’s semiconductor index experienced a catastrophic loss of over $500 billion in stock market value, marking its worst session since 2020. This dramatic downturn was triggered by a report suggesting that the United States is considering implementing stricter export controls on advanced semiconductor technology …

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