Monday, September 29, 2025 News Archive

24 financial news articles • 0 videos

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Trump Unleashes Broad Tariff Blitz on Drugs, Trucks & Furniture

President Trump rolled out a sweeping tariff package targeting heavy trucks (25%), pharmaceutical imports (100%), and furniture items (30% to 50%), citing national security. The diversifying tariff assault has rattled markets. Importers, pharma firms, and industrial players are being forced to reassess costs and supply chains across sectors now exposed to heavy duty risk.
Companies:
  • Pfizer
  • GE
  • Volvo Trucks
Tags:
  • tariffs
  • pharma
negative

Trump Slaps 100% Tariff on Foreign Films, Escalates Trade Tension

President Trump announced a sweeping 100% tariff on imported foreign films, framing it as protection of U.S. cultural industries. At the same time, he reaffirmed new furniture import levies. While the full legal basis remains unclear, the dual tariff push signals rising protectionist pressure. Markets are watching carefully for retaliation and effects on media and consumer sectors.
Companies:
  • Warner Bros
  • Netflix
  • Paramount
Tags:
  • tariffs
  • media
negative

Trump to Unveil Furniture Tariff Details After Import Slump

President Trump announced that specifics on new furniture import tariffs will follow, after a broad 50% duty on kitchen items and 30% on upholstered furniture unsettled retailers. The move is part of his push to reward domestic production but has raised concerns about cost inflation and supply chain disruption. Market watchers warn that ripple effects may spread into household goods and consumer sectors.
Companies:
  • Williams-Sonoma
  • RH
  • Wayfair
Tags:
  • tariffs
  • furniture imports
positive

U.S. Stocks Rally as Shutdown Fears Ease

Wall Street posted gains with the S&P 500 and Nasdaq rising, buoyed by optimism that a U.S. government shutdown may be averted and that rate cuts remain on the table. Investors appeared willing to look past hawkish signals from the Fed, focusing instead on potential policy support. The rebound highlights resilient risk appetite despite macro uncertainty.
Companies:
  • Apple
  • Microsoft
  • Amazon
Tags:
  • U.S. markets
  • shutdown
neutral

Yoga-Karakas & Planetary Prosperity Signals

In Vedic astrology, “Yoga-Karakas” are planetary combinations believed to bring fame, prosperity, and success. Specifically, lords of Kendra and Trikona houses can confer wealth when aligned. These configurations are often invoked by market astrologers when overlaying charts on sectors or share classes. While not empirical, they provide a narrative framework many investors use to contextualize cycles.
Tags:
  • Vedic astrology
  • Yoga-Karakas
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Dhana Yoga in Vedic Astrology: Wealth & Prosperity Signals

Dhana yogas are specific astrological configurations believed in Vedic tradition to bring wealth when the relevant houses and lords are strong. The second and eleventh houses (income and gains) are key, and combinations involving the 5th and 9th suggest speculative or unexpected gains. While not financial advice, many market astrologers overlay these yogas into equity charts especially in India’s retail investment scene.
Tags:
  • Dhana yoga
  • Vedic astrology
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Mercury Retrograde & Market Volatility: Trader Observations

Some traders observe that market volatility spikes during Mercury retrograde phases—communication breakdowns, missed signals, and false moves are cited. Analyses by Market Astrologer found ~23% higher volatility in S&P 500 during retrogrades since 2000. But patterns are inconsistent, and causality is debated. Many use these periods to tread carefully rather than bet big directional momentum.
Tags:
  • Mercury
  • volatility
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Mercury Retrograde & the Stock Market: Fact or Folklore?

Mercury retrograde is often blamed for disruptions in communication, tech glitches, and market volatility. Some financial astrology studies, including the “Long Live Hermes” paper, show average equity returns during retrograde periods are lower by ~3.33%. Yet many academic reviews find results inconsistent or weak. Overall, belief in this effect may partly influence market behavior rather than reflect causal forces.
Tags:
  • Mercury retrograde
  • market volatility
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What Is Financial Astrology? A Market Forecasting Primer

Financial astrology, also called business astrology or astro-economics, links planetary cycles and celestial events to market movements. Though critics consider it pseudoscience, many astrologers believe cycles like the Moon’s nodes or planetary alignments can hint at market turning points. Its methods include casting charts for companies or timing entry/exit windows based on transits. The practice remains niche but intriguing in market lore.
Tags:
  • astrology
  • financial astrology
mixed

Venture Capital Bets on Astrology in Indian Markets

Astrology-driven financial services are gaining investor traction in India, with venture capital firms backing platforms that blend star charts with stock predictions. Proponents argue that cultural acceptance and demand for unconventional insights give astrology-based tools an edge in India’s investing landscape. Critics, however, caution that such methods lack empirical basis. The trend highlights how alternative forecasting is merging with mainstream financial services.
Tags:
  • Astrology
  • Startups
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Bitcoin’s 2026 Outlook Through Astrology

Astrology-based predictions suggest that 2026 could be a defining year for Bitcoin, with planetary alignments indicating both heightened volatility and the potential for record-breaking highs. Some astrologers warn of sudden market corrections, while others see opportunities for transformative growth. The unusual blend of financial forecasting and astrology is gaining attention among investors looking for alternative ways to read market cycles.
Tags:
  • Bitcoin
  • Astrology
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Nvidia CEO Flags Concerns Over $100K H-1B Visa Fee Hike

Nvidia CEO Jensen Huang welcomed efforts to expand skilled immigration but warned that the proposed $100,000 H-1B visa fee could stifle innovation. He said the U.S. must remain open to global talent to lead in AI and technology. The comments come amid India’s concerns that the visa fee hike will hurt IT exporters and reduce competitiveness for skilled workers.
Companies:
  • Nvidia
Tags:
  • H-1B visa
  • Nvidia
negative

Rupee Anchored Near Record Low on Outflows, Dollar Demand

The Indian rupee traded close to record lows around ₹88.80 per US dollar, weighed down by persistent foreign outflows and corporate dollar buying. Market watchers note that Reserve Bank intervention is helping limit volatility, though sentiment remains fragile amid global policy uncertainty and U.S. tariff and visa tensions. Investors are cautious as pressure on emerging market currencies continues.
Tags:
  • rupee
  • forex
negative

Crypto Laundering Mastermind Pleads Guilty in London Court

Zhimin Qian, also known as Yadi Zhang, admitted in a UK court to laundering bitcoin linked to a multibillion-pound fraud scheme. The plea relates to handling digital assets tied to one of China’s largest financial scams. Authorities say billions were siphoned into cryptocurrencies to mask origins, making it one of the biggest crypto-linked laundering cases in Europe.
Tags:
  • crypto
  • laundering
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China Launches First Offshore Yuan Stablecoin

China has introduced AxCNH, the first regulated yuan-linked stablecoin, in Kazakhstan. The move reflects Beijing’s push to expand the use of blockchain in global trade and cross-border settlements. Analysts see this as a potential challenge to USD-backed stablecoins in the long run.
Tags:
  • China
  • Stablecoin
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Bitcoin and Ethereum Surge on Whale Accumulation

Large investors, known as whales, poured $3.3 billion into Bitcoin and $1.73 billion into Ethereum, driving both assets higher. Bitcoin trades near $111,000 while Ethereum holds around $4,120. The strong whale activity signals confidence in long-term price direction despite broader market volatility.
Tags:
  • Bitcoin
  • Ethereum
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Crypto Market Recovers After $300B Wipeout

The global crypto market cap rose 2.3% in the last 24 hours to $3.95 trillion, led by gains in Bitcoin and Ethereum. Bitcoin is trading near $112,047 while Ethereum is at $4,105. The recovery follows a sharp $300 billion wipeout earlier this month, triggered by leveraged liquidations and bearish sentiment.
Tags:
  • Crypto
  • Bitcoin
positive

Platinum Rally Fuels ‘Gold Fatigue’ Shift in Jewelry Demand

Platinum has surged over 40% year-to-date as investors and jewelers grow wary of gold’s elevated levels. Chinese jewelers in particular are pivoting toward platinum, with imports rising sharply after gold jewelry sales plunged nearly 27% in Q1. Still, analysts caution that part of the rally may be speculative and vulnerable to pullbacks if demand slips or supply tightens ease. The fundamentals, however, point to sustained upside under deficits.
Tags:
  • platinum
  • precious metals
positive

Indian Gold, Silver Futures Jump to Record Highs

Gold and silver futures in India hit record highs amid global metal strength and weakening rupee pressure. Gold futures rose ~0.74% to ₹114,627 per 10 grams, while silver futures jumped over 1.3% to ₹143,968 per kilogram. The domestic rally mirrors international flows and local currency devaluation, intensifying gains for Indian consumers and investors alike.
Tags:
  • India metals
  • gold futures
positive

Gold Vaults Past $3,800/oz to Record High

Gold surged past $3,800 per ounce for the first time, driven by expectations of U.S. rate cuts and a weaker dollar. Investor demand for safe-haven assets intensified, pushing spot gold up 1.1% and further fueling momentum. The rally highlights the metal’s appeal amid macro uncertainty and signals a shift in risk sentiment across global markets.
Tags:
  • gold
  • record high
neutral

VijayPD Ceutical IPO Opens in India

VijayPD Ceutical has opened its IPO from September 29 to October 1, seeking to raise ₹19.25 crore by issuing 55 lakh shares at ₹35 apiece. The shares are expected to be allotted by October 3, with listing on the NSE SME platform scheduled for October 7. The capital raised is intended to strengthen the firm’s balance sheet, support expansion requirements, and fund operational initiatives.
Companies:
  • VijayPD Ceutical
Tags:
  • India IPO
  • VijayPD Ceutical
positive

Tata Capital IPO to Launch October 6

Tata Capital’s IPO is slated to open on October 6, combining fresh issue and offer for sale components. Anchor bidding begins October 3 and the subscription window closes October 8. The listing is among the largest financial offerings in India this year, signaling strong investor interest in financial sector plays. The move aims to expand the firm’s investor base and capital access for strategic initiatives.
Companies:
  • Tata Capital
Tags:
  • India IPO
  • Tata Capital
positive

Alliance Laundry Targets $4.3B Valuation in U.S. IPO

Alliance Laundry, a commercial laundry equipment manufacturer in Wisconsin, is preparing to go public with an IPO that could value it around $4.34 billion. The company plans to raise approximately $751 million by selling 34.1 million shares priced between $19 and $22 each. Post-listing, BDT Capital Partners expects to retain a 76% stake in the business while positioning it to leverage growth in commercial and institutional laundry markets.
Companies:
  • Alliance Laundry
Tags:
  • U.S. IPO
  • Alliance Laundry
positive

Verisure Plans €13.9B IPO in Stockholm

Security services firm Verisure is preparing an IPO in Stockholm that values it at up to €13.9 billion. It aims to raise €3.1 billion via new share issuance. The proceeds will be used to reduce debt and help fund the acquisition of ADT Mexico. The move comes as European IPO markets gradually regain momentum amid easing volatility and cautious investor sentiment.
Companies:
  • Verisure
  • ADT Mexico
Tags:
  • IPO
  • Europe