“I think everybody’s going to be worried about Trump’s tariffs because that’s one of the things in his playbook. And so we’ll have to see how things develop in the early stages of his presidency this time,” said Neil Newman, head of strategy for Astris Advisory Japan. In Seoul, the Kospi rebounded to pick up…
Shares retreated in Asia early Thursday after U.S. stocks stormed to records as investors wagered on what Donald Trump’s return to the White House will mean for the economy and the world. Markets also were turning their attention to the Federal Reserve’s decision on interest rates, due later in the day. Japan’s Nikkei 225 shed…
In the early morning hours of Wednesday, the news broke: Former President Donald Trump secured enough electoral college votes to win the presidency. Whether that alleviates or heightens anxiety for you, it does mean that a great amount of uncertainty has been eliminated. There will be no protracted legal battles over the results for the…
Check out the companies making headlines before the stock market opens. Crypto stocks – Shares of Coinbase surged 12% as investors cheered the prospect of a more supportive regulatory environment for cryptocurrency businesses under a second Donald Trump presidency. MicroStrategy , which trades as a high-beta play on the bitcoin price, gained 11% as bitcoin…
What’s the worst part of hosting a dinner party? Sadly, it’s the most essential part of hosting a dinner party: cooking and cleaning. Though many can help with the latter, it’s harder to delegate the former, and more difficult still to find someone who can complete the task at a fine-dining level. Yet, a growing…
Xpeng Motors is stirring up competition in China’s electric vehicle (EV) market by introducing a hybrid system to take on rivals such as Li Auto and Zeekr, following a shift in consumer preference to cheaper cars with extended driving range. The company unveiled a new extended range charging system for its EVs, known as Kunpeng…
Check out the companies making headlines in midday trading: Trump Media & Technology — Shares of the Truth Social parent, which is majority owned by former President Donald Trump, climbed 12% on Election Day . The stock is viewed as a proxy for betting on the former Republican nominee’s likelihood of winning the race for…
The Dow Jones Industrial Average reclaimed a support level in the early trades of Election Day. Dow industrials rose 0.6% and traded slightly above the 50-day moving average. The S&P 500 made a 0.8% advance. Unlike blue chips, the index has evaded a break of support at the 50-day line amid election volatility. The Nasdaq…
Hong Kong has long been globally famous for high-quality tailoring. While the heyday for custom-made men’s suits and women’s dressmaking has passed, echoes of the city’s earlier international reputation remain. In the popular imagination, the local tailoring business appears fully dominated by ethnic Indian – or more specifically, Sindhi – entrepreneurs. Walk along the southern…
The president of the Nasdaq stock market index said the Street is now pricing in the unexpected, and trading safety nets are also being tightened to reduce volatility as much as possible. It comes after oscillating reports of which nominee may ultimately win the Oval Office—with both candidates charting as ahead at some point in the…