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Amidst rising global tensions, experts warn that the risk of nuclear conflict is higher than ever due to factors like the breakdown of arms control treaties, Russia's aggressive rhetoric, and China's rapid nuclear expansion.
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News and Media
Typhoon Co-May hit eastern Zhejiang Province. Shanghai evacuated around 283,000 people from vulnerable areas. Almost 640 flights from Shanghai airports got cancelled. The city issued an orange rainstorm alert. Ferry services got suspended and speed limits imposed on highways. There were disruptions to metro and train services. China issued and then lifted a tsunami warning after an earthquake near Russia.
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News and Media
Sridhar Sivaram maintains a cautious view but expresses optimism for the second half of the year. He anticipates a potential shift in market leadership away from financials. Electronic Manufacturing Services is showing strong growth, driven by the Apple ecosystem. Sivaram suggests waiting for dips to enter the EMS sector.
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News and Media
Kotak Securities' Anindya Banerjee suggests silver may outperform gold due to strong base metal fundamentals. He notes that a rebound in the dollar index, supported by recent trade agreements and shifting Federal Reserve rate cut expectations, has pressured gold and silver.
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News and Media
China has initiated construction on a massive $167 billion hydropower dam in Tibet, raising concerns among environmentalists and neighbouring countries. The project, set to be the world's largest power plant, aims to boost China's economy and provide clean energy.
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News and Media
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