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Category: Economy - TOME
Wednesday, April 23, 2025
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Economy

S&P 500 Drops 1.39%: Index Now Over 10% Below February Highs

Benchmark S&P 500 falls 1.39 percent, dragging index more than 10 percent below its February peak.

European Defense Stocks Surge Amid Calls for Increased Military Spending

European defence stocks are flying high as Trump's pause on aid to Ukraine spurs calls for continent's rearmament.

US President Announces Inclusion of Major Cryptocurrencies in New Strategic Reserve

US president says Bitcoin, Ethereum, XRP, Solana, and Cardano will be included in 'Crypto Strategic Reserve'.

Jakarta Moves to Safeguard Minors from Harmful Influences

Jakarta says it is preparing legislation to protect minors from 'physical, mental, or moral perils'.

City-State Empowers Authorities to Freeze Bank Accounts for Scam Victim Protection

The city-state has granted authorities powers to freeze bank accounts to protect suspected scam victims from themselves.

Nvidia’s $600 Billion Loss: How a Chinese AI Model Challenges US Tech Dominance

Chip giant Nvidia shed nearly $600bn in market value after Chinese AI model cast doubt on supremacy of US tech firms.

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