1st Summit Bancorp reports 50.8% surge in quarterly profit, reaches multi-year highs

1st Summit Bancorp of Johnstown reports a 50.8% jump in second-quarter earnings for 2025, driven by stronger asset yields, strategic funding optimization, and disciplined cost control.

NNR July 11, 2025

OTC

Shipowners avoid Strait of Hormuz amid Israel-Iran conflict, raising trade concerns

https://youtube.com/shorts/nr09iepi6LE?si=IfydHB3UXK7KUqr4 Some shipowners are avoiding the Strait of Hormuz amid escalating conflict between Israel and Iran, according to BIMCO, the world’s largest shipping association. The strategic waterway, crucial for global…

NNR June 17, 2025

OTC

Trump approves U.S. Steel-Nippon merger with conditions on governance, jobs

https://youtube.com/shorts/hqdYIpnTOw0?si=aR_Vx1Mr7Os7muit WASHINGTON: President Donald Trump on Friday signed an executive order approving U.S. Steel’s merger with Japan’s Nippon Steel, following a national security agreement that grants the U.S. government a…

NNR June 14, 2025

OTC

Tesla sales rebound in Australia amid global challenges

https://youtube.com/shorts/OaFkdMzqUSQ?feature=shared Tesla reported a sales rebound in Australia in May, with deliveries reaching their highest level in nearly 12 months. The automaker sold 3,897 vehicles, driven by record sales of…

NNR June 12, 2025

OTC

Gold prices surge as top safe haven, poised for record highs

https://youtube.com/shorts/68VtSYuRc0g?feature=shared Gold, up nearly 30% in 2025 after a 25% gain in 2024, is outpacing equities and solidifying its status as the premier investment safe haven. Amid economic instability, geopolitical…

NNR June 12, 2025

OTC

Australia’s luxury property market soars, with regional cities leading growth

https://youtu.be/6zERAf6W76o?si=nd7IIim-73B-pcD4 According to Australia’s Luxury Report 2025 by real estate group Ray White, the entry price for luxury homes nationwide has surged to $2.52 million—a 72% increase over the past decade. While…

NNR June 12, 2025

OTC

China’s deflationary pressures persist amid weak demand and auto price wars

https://youtube.com/shorts/IcK8TneSJ9k?feature=shared Consumer Prices Decline for Fourth Straight Month: China’s CPI fell 0.1% YoY in May, marking four months of deflation. Core inflation (excluding food & energy) rose 0.6%, the highest since January.…

NNR June 12, 2025

OTC

U.S.-EU trade talks gain momentum amid escalating tariff disputes

https://youtube.com/shorts/ZQT8zrvm0GA?feature=shared Trade talks between the United States and the European Union progressed Wednesday as new U.S. metals tariffs heightened urgency in global negotiations. President Donald Trump’s decision to double steel…

NNR June 4, 2025

OTC

Tesla’s Australian sales surge as Model Y demand soars

Tesla saw a rebound in Australian sales in May, hitting their highest level in nearly a year despite declines in the U.S. and Europe. The EV maker reported 3,897 deliveries,…

NNR June 4, 2025

OTC

OECD cuts U.S. growth forecast due to trump tariffs, global economic risks

The OECD (Organization for Economic Co-operation and Development) has sharply cut its U.S. economic growth forecast, citing concerns over tariffs and policy uncertainty under the Trump administration. According to reports,…

NNR June 3, 2025

OTC

Why Investors Are Flocking to Short-Term Bonds Amid Economic Uncertainty

https://youtube.com/shorts/Y6Qhkn-rCTk?feature=shared Investors are currently favoring short-term bonds due to their lower volatility and stable yields amid economic uncertainty. The 3-month Treasury Bill yields over 4.3%, while the 2-year and 10-year…

NNR June 2, 2025

OTC

BYD opposes five-year-old used car imports, citing market disruption and environmental risks

BYD, a Chinese automobile importer in Pakistan’s growing new energy vehicle (NEV) market, has opposed the government's proposal to allow the import of five-year-old used cars. The company argues that…

NNR June 1, 2025