A look at the day ahead in European and global markets by Gregor Stuart Hunter A fuse lit on Wall Street turned explosive a day later in Asia, sparking the biggest losses for stocks in Japan and South Korea since April’s “Liberation Day” tariff announcement. Sign up here. The Nikkei 225 (.N225), opens new tab…
Mamdani vows to dismantle conditions enabling Trump’s rise Trump threatens federal funding cuts over Mamdani’s socialist agenda Democrats gain momentum with election victories Nov 5 (Reuters) – New York City Mayor-elect Zohran Mamdani wasted no time calling out President Donald Trump, formally kicking off the battle that will likely define relations between the 34-year-old mayor…
BEIJING, Nov 5 (Reuters) – China will suspend its 24% additional tariff on U.S. goods for one year but retain a 10% levy, the State Council’s tariff commission said on Wednesday, following last week’s meeting between President Xi Jinping and U.S. President Donald Trump. The commission also announced China, the world’s top agricultural buyer, will…
Morgan Stanley CEO sees 10%-15% equity markets drawdown Analysts and investors debate whether markets are in a bubble Futures linked to Wall Street’s main indexes edge lower Nov 4 (Reuters) – CEOs of Wall Street heavyweights Morgan Stanley (MS.N), opens new tab and Goldman Sachs (GS.N), opens new tab on Tuesday cautioned that equity markets…
A look at the day ahead in European and global markets from Kevin Buckland On another day, tech-driven stock rallies to fresh record highs in Tokyo and Taipei would probably signal a bullish tone for regional equities, but not today. Sign up here. Just after those markets edged up to those unprecedented heights, traders turned…
BEIJING, Nov 4 (Reuters) – Tesla’s (TSLA.O), opens new tab China-made electric vehicle sales fell 9.9% to 61,497 units in October from a year earlier, reversing a 2.8% increase in September, data from the China Passenger Car Association showed on Tuesday. Sales of the U.S. automaker’s Model 3 and Model Y vehicles made at its…
COPENHAGEN, Nov 4 (Reuters) – Volvo Cars <VOLCARb.ST, opens new tab> sold 60,455 cars in October, down 2% compared to the same period last year, the Sweden-based company said on Tuesday. “This month’s sales figures reflect the challenging market conditions that continue to impact our business,” Chief Commercial Officer Erik Severinson said in a statement….
Tech drives initial rally, but stock traders cautious after weak US data Divergent views among Fed officials clouds outlook for December rate cut RBA refrains from rate cut, as widely expected TOKYO, Nov 4 (Reuters) – Asian stock markets from Tokyo to Taipei and Seoul retreated from all-time highs on Tuesday, with investors booking profits…
Indexes: Dow down 0.3%, S&P 500 up 0.2%, Nasdaq up 0.6% Kimberly-Clark to acquire Kenvue for about $48.7 bln Iren jumps after $9.7 bln contract with Microsoft U.S. manufacturing activity contracts in October Nov 3 2025 – The S&P 500 and Nasdaq edged higher on Monday, after a slew of AI deals boosted megacap companies…
Asia’s manufacturing hit by weak U.S. demand, Trump’s tariffs China’s economy loses momentum, PMIs show slower growth Trump-Xi tariff truce offers limited relief, deeper issues remain Nov 3 (Reuters) – Asia’s big manufacturing hubs struggled to fire up in October, business surveys showed on Monday, as weak U.S. demand and tariffs under President Donald Trump…