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…
Nov 3 (Reuters) – Electric aircraft maker Beta Technologies has raised $1.01 billion in its U.S. initial public offering on Monday, pricing its shares above its indicated range and underscoring the strong pipeline of new listings in the resurgent IPO market. The Vermont-based company sold 29.9 million shares at $34 apiece, above its indicated range…
Global trade tensions, stoked by China-US tariffs, are settling into a steadier balance as the world braces for fresh challenges from rapid technological disruptions, financial leaders said on Tuesday at a summit in Hong Kong. The China-US relationship had entered into a more “stable equilibrium” after last week’s talks between the leaders of the world’s…
Another ‘water boys’ Cash App scam reported An Atlanta teacher says what started as an act of kindness nearly cost her hundreds of dollars. She is now warning others to be cautious of fake “water boys” who scam drivers through mobile payment apps. ATLANTA – An Atlanta teacher says what started as an act of…
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…
Chinese foreign ministry spokeswoman Mao Ning made the announcement on Monday, ending a prolonged Covid-19-era freeze that left Canada off China’s outbound tour lists, even as group travel resumed to more than 130 other destinations. Mao said the decision was taken after “comprehensive” consideration of Chinese travellers’ demands and destination safety. “The move will further…
China’s top diplomat has called the summit between Chinese President Xi Jinping and US President Donald Trump “a historic moment” that would help reduce misunderstanding and prevent major fluctuations in their countries’ bilateral ties. Foreign Minister Wang Yi also noted that Shenzhen in southern China was getting ready to host next year’s Apec summit, a…
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…
Asia stocks hover near highest since February 2021 Dollar firms after hawkish tilt from some Fed policymakers Earnings focus now to be on tech firms Japan closes for holiday, trading in Asia likely to be muted SINGAPORE, Nov 3 (Reuters) – Asian stocks rose on Monday as the U.S.-China trade truce and soaring spending on…
WASHINGTON, Nov 2 (Reuters) – U.S. President Donald Trump said on Sunday he will not attend the Supreme Court’s upcoming oral arguments concerning the legality of his global tariffs. Trump told reporters on Air Force One that he does not “want to do anything to deflect the importance” of the decision. The Supreme Court is…