Norway’s sovereign wealth fund, the world’s largest with $1.7 trillion in assets, reported a staggering $40 billion loss in the first quarter of 2025, driven by a sharp decline in technology stocks. The fund, managed by Norges Bank Investment Management (NBIM), faced its biggest quarterly loss in 18 months, highlighting the volatility of global markets. … Read more
Mumbai, April 7, 2025 – Indian stock markets nosedived into chaos today, earning the grim moniker “Black Monday,” as the Sensex plummeted 2,226 points to close at 73,137.90—a 2.95% drop—while the Nifty shed 742.85 points, or 3.24%, to end at 22,161.60. Intraday losses were even steeper, with the Sensex dipping below 70,500 and the Nifty … Read more
In a recent interview with CBS News, billionaire investor Warren Buffett sharply criticized President Donald Trump’s latest tariff measures, labeling them “an act of war, to some degree.” Buffett’s comments come as the Trump administration imposes a 25% tariff on imports from Canada and Mexico, and raises tariffs on Chinese goods from 10% to 20%. … Read more