Shein, the fast-fashion giant, has secured initial approval from UK regulators for its London IPO, a significant step after confidential filings last June. However, the China-founded company faces hurdles including potential tariffs and regulatory approvals from China. These challenges, along with market volatility, could delay the IPO, potentially impacting Shein s valuation, which was previously estimated at $66 billion.

More Retail, supported by Amazon, intends to launch its IPO next year. The company aims to double its store numbers within five years. This expansion occurs as more shoppers in India choose supermarkets and online platforms for groceries. More Retail also plans to add 500 stores in collaboration with Amazon Fresh. The company focuses on slotted deliveries for future growth.

In just a week, the dollar has gone from a safe haven to investors whipping boy as U.S. President Donald Trump s chaotic tariffs on friend and foe alike undermine decades of trust in the world s reserve currency.

Amidst global trade uncertainties and potential market volatility stemming from bond yields and currency fluctuations, Abakkus Asset Manager suggests a staggered investment approach over the next three months. They favor financials, particularly mid-sized private banks and NBFCs, alongside cement, engineering, and consumer-focused companies with minimal export exposure, while maintaining a cautious stance on metals, IT, and pharma.

​Our recommendation is always the fact that you need to stay invested long-term in your SIPs and when your market corrections happen, it is the best time to buy more because you are actually accumulating additional units which is basically a sale in the market, so you are getting to buy at a cheaper cost.

Gold prices hit a record high on Friday, fuelled by safe-haven demand as trade war between the United States and China intensified after both economies imposed tit-for-tat tariffs.

Jigar Mistry of Buoyant Capital discusses the Indian market s potential upswing, cautioning against oversimplification due to global factors like tariffs and recessionary pressures. He highlights the nuanced impacts of trade dynamics and suggests a calibrated approach. Mistry advises focusing on large-cap stocks and specific sectors like banking, financials, and healthcare, while remaining cautious about the MFI space.

Howard Marks: Goldman Sachs now estimates a 45% chance of a U.S. recession, citing growing concerns over a potential full-scale trade war that has triggered a widespread selloff in equities and Treasuries. On Thursday, the S&P 500 dropped 3.5%, pulling the index about 15% below its February high.

Gold prices on Friday touched an all-time high of Rs 93,736 per 10 grams in futures trade in line with firm global trends. On the Multi Commodity Exchange, the yellow metal contracts for June delivery hit a record high of Rs 93,736 per 10 grams in early trade.

Peter Schiff reignites debate over Bitcoin s future, claiming the 2025 financial crisis may end what the 2008 crisis began. Amid rising tariffs and market volatility, Bitcoin fell 27% from its peak, even as gold prices held firm. Schiff criticized the U.S. Strategic Bitcoin Reserve and urged gold as the safer alternative. His comments arrive during heightened global economic uncertainty and continued scrutiny of crypto’s long-term viability.