Author: Lucas

Taiwanese electronics giant Foxconn, a key supplier for Apple, has announced a Rs 15,000 crore investment in Tamil Nadu, reinforcing the state’s position as a hub for advanced manufacturing and emerging technologies. The project, which is expected to create around 14,000 high-value jobs, will focus on next-generation areas such as battery technology and AI-led manufacturing systems. A delegation led by Foxconn India representative Robert Wu met Chief Minister M K Stalin and Industries Minister T R B Rajaa in Chennai on Monday to formalise the commitment. Following the meeting, Rajaa took to X to describe it as the “largest ever…

This fall, I found myself facing a lot of very large expenses all within a short timeframe.Think: Braces/pricey dental work, years of adjusted property taxes due as our house was finally appraised years after it was built and a good-sized deposit on a car. That doesn’t even begin to scratch the surface, with all the normal end-of-year holiday expenses looming.Thankfully, since we’ve been planning for most of these expenses for years, we already had the cash set aside.So while this was a very painful series of financial events (RIP to my high-yield savings account balance), it was a moment that…

IBK Industrial Bank Handles Over Half of Bank Sector’s Movable Property Secured LoansSmart Management of Movable Collateral Key to Reducing Default Rates 원본보기 아이콘 [Asia Economy Reporters Sunmi Park and Seungseop Song] As financial authorities are promoting the activation of movable property collateral loans to expand lending capacity for small and medium-sized enterprises (SMEs), banks, led by IBK Industrial Bank of Korea, are focusing on smart management of movable collateral based on the Internet of Things (IoT).According to the Financial Supervisory Service’s Financial Statistics Information System on the 3rd, as of the end of last year, the outstanding balance of…

A HUGE fireball explosion ripped through an oil refinery in Los Angeles, sending shockwaves across the city. A fire sparked at the Chevron refinery in El Segundo, just outside the busy LAX airport, and could be seen for miles, police said. Sign up for The Irish Sun newsletter Thank you! A fireball rises from the Chevron refinery in El SegundoCredit: Reuters Firefighters work to contain the blazeCredit: Reuters Footage shows a colossal fireball erupting into the southern California sky at the initial point of explosion. Vast flames continue to lick out beneath a thick cloud of smoke, prompting a huge…

The latest flare-up in Sino-American trade tensions is a reason for investors to shift allocation toward the relatively cheaper and defensive corners of the Chinese stock market, according to strategists.Analysts at Citigroup Inc. are touting domestic yield plays as safer bets as the artificial intelligence-led bull run in Chinese equities confronts the risk of higher tariffs. Those at JPMorgan Chase & Co. recommend buying shares of banks with a good track record of earnings and dividend payouts.“A style rotation will likely start in the Chinese market in the coming weeks,” Hao Hong, chief investment officer at Lotus Asset Management Ltd.,…

Image for representational purposes only. | Photo Credit: Reuters India’s state-owned refiners trimmed down purchases of Russian oil by more than 45% between June and September this year, according to data from real-time maritime and analytics provider Kpler. Speaking to The Hindu, Naveen Das, Senior Crude Oil Analyst at Kpler said state-owned refiners took 600 thousand barrels/day (kb/d) of oil from Russia in September, a “fairly substantial” cut from 1.1 million barrels/day they took in June this year.The trimming down of Russian oil imports fall against a larger geopolitical setting centred around U.S. President Donald Trump imposing 50% tariff on…

John Bartleman is the President & CEO of TradeStation Group, Inc.Artificial intelligence (AI) may be turning what was once expensive and exclusive into real-time knowledge, helping empower traders to elevate their craft.Like any great trading tool, there’s a story arc to options trading and its rich history. That’s especially the case given its powerful impact on the markets and active traders over the decades.That certainly includes me. I have been an options strategist over the last three decades. I’ve lived and breathed the world of options trading. I’ve seen and survived every major trading cycle, from analog to algorithm, from…

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.Companhia Energetica Minas…

Kemi Badenoch’s closing speech at the Conservative Conference in Manchester this year ‘set the hares running’ by revealing a Tory government would abolish Stamp Duty Land Tax (SDLT) if she were to gain power at the next election. Hope springs eternal.If Rachel Reeves steals her idea and did get rid of SDLT within the autumn Budget, depending on the nuances of any other fiscal changes, there could be a bonanza sale of residential properties in late November and December 2025.The receipts from SDLT for residential sales are approximately £11.6 billion in 2025 and this will need to be replaced with…

Salim Gheewalla, Founder & CEO, utilITise self-healing IT.Artificial intelligence is no longer a buzzword—it’s a battleground. AI is embedded in everything from code to conversations, and while media headlines race to cover the next breakthrough, most executives are still trying to make sense of what AI actually means for their business.Here’s my take, broken down across five strategic vectors that define AI’s real-world business impact.1. AI Brains: Foundation Models Become The PlatformThe emergence of foundation models like GPT-4, Claude and Grok democratized AI intelligence. But in 2025, these models have shifted from novelty to necessity. Anthropic, for example, closed a…