IUX24IUX24
TopMarketWorldEconomyFinanceTechnologyBusinessPolitics

IUX24 | In-Depth Finance, Economy & Investment News

Highlights

The Bank of Russia reduced its key rate by 50 basis points while raising oil price forecasts due to the Iran war. Officials expect growth to recover later this year.

Russia Cuts Key Interest Rate to 14.5 Percent

The Bank of Russia reduced its key rate by 50 basis points while raising oil price forecasts due to the Iran war. Officials expect growth to recover later this year.

The Philadelphia SE Semiconductor Index rose to an all-time peak today following strong revenue forecasts from Intel. Demand for AI infrastructure remains high.

US chip stocks hit record highs on Intel AI outlook

The Philadelphia SE Semiconductor Index rose to an all-time peak today following strong revenue forecasts from Intel. Demand for AI infrastructure remains high.

The Canadian dollar remained stable today as investors analyzed a 0.7 percent rise in retail sales alongside potential peace talks in the Middle East. Analysts noted that while consumer spending shows resilience, much of the recent growth was driven by higher prices rather than volume.

Canadian Dollar Steadies Following Retail Sales Data

The Canadian dollar remained stable today as investors analyzed a 0.7 percent rise in retail sales alongside potential peace talks in the Middle East. Analysts noted that while consumer spending shows resilience, much of the recent growth was driven by higher prices rather than volume.

Reliance Industries reported a net profit of 169.71 billion rupees for the quarter ended March 31. Higher material costs and crude prices led to the miss.

Reliance Industries Quarterly Profit Falls 12 Percent

Reliance Industries reported a net profit of 169.71 billion rupees for the quarter ended March 31. Higher material costs and crude prices led to the miss.

The dollar remains on track for a weekly gain as traders monitor peace negotiations and potential energy disruptions. Markets await key central bank decisions.

Dollar Holds Weekly Gains Amid War Uncertainty

The dollar remains on track for a weekly gain as traders monitor peace negotiations and potential energy disruptions. Markets await key central bank decisions.

The IAM union says any federal financing for Spirit Airlines must prohibit layoffs and furloughs. The Trump administration recently offered a bankruptcy exit plan.

Union Seeks Job Protections in Spirit Bailout

The IAM union says any federal financing for Spirit Airlines must prohibit layoffs and furloughs. The Trump administration recently offered a bankruptcy exit plan.

Market Overview

The commerce ministry announced the removal of restrictions on Urbo Bankas and Mano Bankas today. This move follows the EU lifting sanctions on Chinese firms.

China removes countermeasures against two EU banks

The British finance app is giving customers in affected countries 60 days to sell their precious metal holdings. All other banking services remain unchanged.

Revolut Scales Back European Commodities Trading

The British finance app is giving customers in affected countries 60 days to sell their precious metal holdings. All other banking services remain unchanged.

The Reserve Bank of India announced on Friday that it has officially cancelled the banking licence for Paytm Payments Bank. The decision takes effect immediately.

RBI cancels Paytm Payments Bank banking licence

The Reserve Bank of India announced on Friday that it has officially cancelled the banking licence for Paytm Payments Bank. The decision takes effect immediately.

NIO develops in-house chips to cut Nvidia reliance

NIO CEO William Li announced today that the company is developing custom silicon to better integrate with its AI algorithms and reduce long-term supply costs.

Canada Retail Sales Increase 0.7 Percent in February

Canadian retail sales grew to 72.06 billion dollars in February led by gains in the motor vehicle sector. Early estimates suggest a further 0.6 percent rise.

What's going on today
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

Grand Pavilion, Hibiscus Way, 802 West Bay Road, Grand Cayman, KY1 - 1205 , Cayman Islands

Copyright IUX24 Media LTD. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and intelligence platform. This site provides market news and analytical data only; it does not constitute investment advice, individual trading signals, or brokerage services. All information is for educational and informational purposes. Trading involves significant risk, and we recommend consulting with a qualified financial professional before making any investment decisions.