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Dow drops nearly 400 points as tech rally cools; Nvidia earnings in focus

US stock markets extended losses on Tuesday, with Wall Street moving further away from record highs as technology stocks lost momentum and investors remained cautious over rising bond yields, oil price volatility and geopolitical uncertainty.The S&P 500 declined 0.5 per cent and was headed for its third consecutive decline after recently touching a record high….

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US forced labour probe: China urges Trump to ‘immediately correct erroneous’ trade practices

China on Monday pushed back against the United States over a new set of trade investigations launched last week, saying that it has “lodged representations” with Washington and calling on the US to “correct its erroneous ways.” The response comes as trade negotiators from the two countries gather in Paris for talks. The latest US…

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US-Iran war: India looks to attract foreign investment; capital gains tax on government securities may be scrapped

At present, foreign investors are required to pay a 12.5% long-term capital gains tax on listed equities and bonds held for more than a year. (AI image) In a bid to stem foreign capital outflow amid the Middle East crisis, the government is looking to do away with capital gains tax on foreign portfolio investors’…

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