China’s exports surge 27% in June on AI boom, trade surplus widens to $125.6 billion

China’s exports grew much faster than expected in June, rising 27% year-on-year, driven by booming demand for artificial intelligence (AI)-related products and semiconductors, according to customs data released on Tuesday. The sharp increase exceeded economists’ expectations and marked a significant jump from the 19.4% growth recorded in May.Imports also rose strongly, climbing 36% in June,…

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Stock Market Live Updates: Sensex plunges over 500 points, Nifty slips below 24,100 as US-Iran tensions escalate

Stock Market Live Updates: Indian benchmark indices extended their losses in early trade on Tuesday, with the BSE Sensex tumbling 552.99 points to 77,063.41, while the NSE Nifty50 declined 160.45 points to 24,050.55. This comes after the market closed flat on Monday after recovering from sharp intraday losses, supported by a rally in IT stocks…

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