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BRICS Expands De-Dollarization: Chinese Yuan Lending Grows $480 Billion
BRICS member China has pressed the accelerator on de-dollarization as lending in the Chinese yuan surges. China’s push…
Morgan Stanley De-Dollarization Warning: Dollar Set to Weaken in 2026
Morgan Stanley’s de-dollarization warnings have been making headlines as the investment bank forecasts the US dollar weakening to…
Target to Cut 1,800 Corporate Jobs as Sales Slide, TGT Stock Lags
Target layoffs will eliminate 1,800 corporate positions as the retailer battles declining sales and mounting pressure on TGT…
US Mortgage Rate Drops to 6.19%, Lowest Level in Over a Year
30-year Mortgage rates in the US have fallen to 6.19%, the lowest level in over a year, mortgage…
BRICS Speeds Up Dollar Selling, Chinese Firms Offload $51.8 Billion
Chinese banks have helped clients offload overseas currencies worth $51.8 billion, the highest since 2020. BRICS member China…
Trump Sanctions Working: India Might Get Zero Oil Supply From Russia
US President Donald Trump on Thursday imposed fresh oil sanctions on Russia and the move also affects India.…
Samsung, TSMC to Co-Produce Tesla AI5 Chip as Musk Accelerates Robotaxi Plans
The Tesla AI5 chip manufacturing is now being split between Samsung and TSMC as Elon Musk moves forward…
IBM Stock Falls 5% Despite Earnings Beat, AI Revenue Hits $9.5B
IBM earnings in Q3 2025 reflected that the corporation surpassed Wall Street forecasts with $16.33 billion in revenue…
Trump Administration Ready to Take Stakes in Quantum-Computing Firms
The US President Donald Trump’s administration is in talks with a handful of quantum-computing firms to take equity…
TSLA Stock Slides 37% Despite $28B Revenue Surge, Market Share Falls
Tesla’s Q3 earnings revealed profit plunged 37% to $1.4 billion from $2.2 billion a year earlier, despite revenue…