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US Election Series

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US election is a must watch global events, where democrats and republicans fight out for the top job, years ahead of the D-day, to become the most powerful person in global politics. While financial markets usually tends to ignore, day to day happenings in the race, which is one of the longest in the world, an investor and long term positional traders can't ignore its vast implications, that reach from foreign to fiscal policies, impacting fund flows for years to come. As the fight has reached next stage and within next few months US would be choosing its presidential nominees for grand finale that ends on November the 4th, in this series we bring about the latest vitals to our readers, while safeguarding the trivia.

US Election Series

Trump, Clinton crush opponents in northeast

Apr 27, 2016 22:40 pm UTC| Insights & Views Politics

Today, Donald Trump won majorities of the vote across all five northeastern states that voted. He won 64% in Rhode Island, 61% in Delaware, 58% in Connecticut, 57% in Pennsylvania and 54% in Maryland. Prior to getting 60%...

US Election Series

The effect racist rhetoric has on young Latinos, and why all Americans should care

Apr 27, 2016 09:39 am UTC| Insights & Views Politics

Luis is an upper-middle-class American-born Latino. When I interviewed him in 2008, he told me he had spent long hours, and a substantial amount of money, restoring a classic Chevy truck. One day, clad in grease-stained...

US Election Series

Why the Stop Trump movement isn't working

Apr 27, 2016 08:00 am UTC| Politics

Donald Trump is the Republican establishments worst nightmare, but the GOP leadership cant find a way to stop him. Tuesday night provided the latest example. The New York billionaire swept all five of the GOP primaries,...

US Election Series

U.S Election Series: Trump and Clinton Sweeps North-East primaries

Apr 27, 2016 06:36 am UTC| Commentary Politics

Donald Trump has done it again. He has won in all five primaries in yesterdays election and firmed his bid to become Republican presidential nominee. On the Democratic side, Front runner Hilary Clinton has secured win in...

US Election Series

U.S. Election Series: Mathematically dead become strategically alive

Apr 26, 2016 06:56 am UTC| Commentary Politics

Republican second runner Ted Cruz and third runner John Kasich have announced last weekend that they are teaming up for rest of the primaries in order to prevent front runner Donald Trump to secure the partys outright...

US Election Series

As US primaries rumble on, betting markets declare the Sanders campaign all but dead

Apr 25, 2016 23:37 pm UTC| Insights & Views Politics

The race for the Democratic nomination is in the home stretch and victory is in sight, declared Hillary Clinton in the victory speech heralding her resounding New York primary triumph over Bernie Sanders. If anything,...

US Election Series

Trump, Clinton have emphatic wins in New York

Apr 21, 2016 00:23 am UTC| Insights & Views Politics

Yesterday, Donald Trump won over 60% of the vote in his home state of New York. John Kasich was a very distant second with 25%, and Ted Cruz third with under 15%. Trumps massive vote majority gave him all 14 statewide...

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Economy

U.S. Imposes 26% Tariff on Indian Imports, Spares Pharma Sector

The U.S. has imposed a 26% tariff on imports from India, dealing a blow to New Delhis hopes for leniency under President Donald Trumps global trade policies. A baseline 10% tariff begins Saturday, with the full rate...

South Korea Scrambles to Mitigate Impact of Harsh U.S. Tariffs on Exports

South Koreas acting President Han Duck-soo has ordered emergency support measures for industries affected by sweeping new U.S. tariffs, including a 25% tariff on Korean automobile exports. The move follows President Donald...

Australia Criticizes Trump’s 10% Tariff, Rules Out Retaliation

Australian Prime Minister Anthony Albanese has condemned U.S. President Donald Trumps decision to impose a 10% tariff on Australian imports, calling it not the act of a friend. The move impacts Australian beef exports,...

Australia’s Trade Surplus Drops to Four-Year Low on Weak Exports, Strong Imports

Australias trade surplus plummeted to its lowest level in over four years in February, as a sharp drop in exports and a rise in imports dealt a double blow to the countrys trade performance. The trade balance came in at...

Japan's Nikkei Tumbles as Trump Slaps 24% Tariff on Japanese Goods

Japans Nikkei 225 plunged to an eight-month low on Thursday after U.S. President Donald Trump announced sweeping reciprocal tariffs, including a 24% duty on Japanese imports. The index dropped as much as 4.6% in early...

Politics

Senate Passes Bill to Block Trump’s Canada Tariffs Despite GOP Resistance

In a sharp rebuke to President Donald Trump, the U.S. Senate passed a bill on Wednesday to halt newly proposed tariffs on Canada, just hours after Trump announced sweeping duties on global imports. The bill, approved...

Disability Rights Groups Sue Trump, Musk Over Social Security Cuts

Disability rights organizations and Social Security recipients have filed a federal lawsuit against the Trump administration and billionaire Elon Musk, accusing them of illegally slashing the Social Security...

Canada Vows Strong Response to Trump’s Tariffs

Canada will take decisive action against U.S. President Donald Trumps recently imposed tariffs, Prime Minister Mark Carney announced on Wednesday. Speaking to reporters before a high-level cabinet meeting, Carney...

Trump Imposes 10% Reciprocal Tariffs, Targets China and EU

President Donald Trump announced sweeping new tariffs aimed at addressing what he calls unfair trade practices by foreign nations. Starting April 5, a baseline 10% reciprocal tariff will be imposed on all imported goods...

French Judge Faces Threats After Barring Marine Le Pen from 2027 Presidential Race

French judge Benedicte de Perthuis is under police protection after barring far-right leader Marine Le Pen from running in Frances 2027 presidential election. De Perthuis, who led the three-judge panel that found Le Pen...

Science

AstraZeneca’s Imfinzi Gets US Approval for Bladder Cancer Treatment

AstraZenecas drug Imfinzi (NASDAQ: AZN) has received U.S. approval to treat adult patients with muscle-invasive bladder cancer, a significant advancement in cancer therapy. The approval allows Imfinzi to be used in...

Sanofi’s New Hemophilia Drug Qfitlia Gains FDA Approval with Breakthrough Bimonthly Dosing

The U.S. Food and Drug Administration (FDA) has approved Qfitlia, a groundbreaking hemophilia treatment by French pharmaceutical giant Sanofi (NASDAQ: SNY). Designed for patients aged 12 and older with hemophilia A or B,...

FDA Vaccine Chief Peter Marks Resigns Amid Controversy Over Transparency

Peter Marks, the U.S. Food and Drug Administrations (FDA) top vaccine official, has resigned after reportedly being forced out by the Department of Health and Human Services (HHS), according to The Wall Street Journal....

What are the chances an asteroid will impact Earth in 2032?

For a few days in mid-February, headlines around the world buzzed about the potential for an asteroid to hit the Earth in 2032 specifically, asteroid 2024 YR4. The chance of this impact rose to a high of 3.1 per cent on...

A new study reveals the structure of violent winds 1,300 light years away

The planet WASP-121b is extreme. Its a gas giant almost twice as big as Jupiter orbiting extremely close to its star50 times closer than the Earth does around the Sun. WASP-121b is so close to its star that tidal forces...

Technology

Nintendo Switch 2 Launches June 5 at $449.99 with Major Upgrades

Nintendo (NYSE:SWCH) has officially announced the launch of its next-generation gaming console, the Switch 2, set for release on June 5. Priced at $449.99 in the U.S., the highly anticipated device features significant...

ReliaQuest Secures $500M to Boost AI Cybersecurity, Hits $3.4B Valuation

ReliaQuest, a leading AI-powered cybersecurity company, has raised over $500 million in a new funding round led by EQT, KKR, and FTV Capital, pushing its valuation to $3.4 billion. Other backers in this round include Ten...

GlobalFoundries and UMC Explore Merger Amid U.S. Chip Strategy Shift

United Microelectronics Corp. (UMC), a major Taiwanese semiconductor foundry, and U.S.-based GlobalFoundries (NASDAQ: GFS) are reportedly in early talks about a potential merger, according to sources cited by Reuters. If...

Intel CEO Lip-Bu Tan Outlines Bold Turnaround Strategy at IntelVision 2025

At the IntelVision 2025 conference, new Intel (NASDAQ: INTC) CEO Lip-Bu Tan unveiled a transformative vision to revitalize the tech giant. Since taking the helm on March 12, Tan has prioritized customer engagement and...

OpenAI Secures $40B from SoftBank, Reaches $300B Valuation Amid AI Boom

OpenAI announced Monday it has raised $40 billion in a funding round led by Japans SoftBank Group Corp. (TYO:9984), pushing the AI firms valuation to a staggering $300 billion. This marks a major leap from its $157 billion...