Breaking News
Dollar Surge Forces Asian Authorities to Defend Struggling Currencies
Tesla Ditches Affordable $25,000 EV Plans as Profits Decline
Surging Oil Hedging Activity Hits Record High in October Amid Mounting Market Risks
Toyota's Profit Drop Signals Significant Slowdown as Demand Cools After Big Run
Southeast Asia’s Digital Economy Faces Stunning Slowdown as Consumer Spending Plummets
AI Chip Demand Fuels Surge in Nvidia and TSMC Market Value
Marriott Profit Forecast Lowered for 2024 Amid Weak U.S., China Tourism Demand
Wealth Management Expansion as Blackstone Targets New European Markets
U.S. Banking Expansion Boosts Growth for HSBC, Barclays, and StanChart
AI Challenges Drive Short-Lived Stock Rallies for Intel and Samsung
Hurricanes and Strikes Threaten to Stall US Job Growth as Election Nears
Legal Challenges Slow SEC Rulemaking in Critical Election Year
Devastating Typhoon Kong-Rey Hits Taiwan, Pummeling Shanghai with Record Rainfall
Toyota and NTT to Invest $3.3 Billion in AI Mobility Platform for Traffic Safety
Iran iPhone Import Ban Lifted, Allowing New Models in the Market
Stocks Fall Amid Economic Uncertainty Before Key Events
Toyota’s Worldwide Output Drops for Eighth Straight Month
Japan's Nikkei Rises Over 1% as Big Tech Stocks Propel Nasdaq to Record Highs
US Futures Waver With Earnings and Election in Focus
McDonald's Stock Dips Following Disappointing Same-Store Sales Report
Dollar Surge Forces Asian Authorities to Defend Struggling Currencies
.png){kind=small}
The recent dollar surge has led Asian authorities to take swift action to defend their currencies as market volatility increases, particularly in light of election-related uncertainties in the United States. These fluctuations have placed additional pressure on regional currencies, prompting a response from central banks across the continent.
Tesla Ditches Affordable $25,000 EV Plans as Profits Decline
Elon Musk has dismissed the idea of a $25,000 Tesla for human drivers, calling it "pointless." Tesla now plans a fully autonomous $25,000 "Cybercab" expected in 2026, marking a strategic shift toward self-driving technology.
Surging Oil Hedging Activity Hits Record High in October Amid Mounting Market Risks
Oil hedging hit record levels in October as traders sought to reduce risk amid the Middle East conflict and an expected oversupply in 2025, driving volatility in crude oil prices.
Toyota's Profit Drop Signals Significant Slowdown as Demand Cools After Big Run
Toyota's profit drop marks its first decline in two years, reflecting cooling demand and shifting consumer preferences. The automaker expects a 14% decline in operating profit amid intense market competition.
Southeast Asia’s Digital Economy Faces Stunning Slowdown as Consumer Spending Plummets
Southeast Asia's digital economy faces record-low growth as consumer spending cuts and rising competition impact tech-driven markets in the region.
AI Chip Demand Fuels Surge in Nvidia and TSMC Market Value
The AI chip demand drives Nvidia and TSMC's significant market value increases in October, reflecting the growing integration of artificial intelligence in business operations.
Marriott Profit Forecast Lowered for 2024 Amid Weak U.S., China Tourism Demand
Marriott lowers its 2024 profit forecast due to weak U.S. and China tourism demand, impacting revenue projections. Read more on Marriott profit forecast and financial outlook.
Wealth Management Expansion as Blackstone Targets New European Markets
LONDON (Reuters) - Blackstone's private wealth management business plans to enter at least two new European markets next year to tap into the growing demand among wealthy individuals, two executives at the company told Reuters. The firm has identified the need to broaden its reach as it seeks to provide comprehensive wealth management services tailored to affluent clients.
U.S. Banking Expansion Boosts Growth for HSBC, Barclays, and StanChart
HSBC, Barclays, and Standard Chartered target U.S. banking expansion as U.S. commercial banking booms amid rising trade and M&A opportunities. Discover their strategies as the election approaches.
AI Challenges Drive Short-Lived Stock Rallies for Intel and Samsung
AI challenges are impacting Intel and Samsung’s stock performance. Although both companies saw brief rallies following earnings, ongoing struggles in the AI market suggest long-term difficulties ahead.
Hurricanes and Strikes Threaten to Stall US Job Growth as Election Nears
In October, US job growth faces challenges from hurricanes and labor strikes, impacting key sectors as Americans prepare to vote. Experts assess the labor market and job outlook.
Legal Challenges Slow SEC Rulemaking in Critical Election Year
Legal challenges are increasingly hindering SEC rulemaking, reshaping oversight capabilities in a critical election year as the agency grapples with court limitations.
Devastating Typhoon Kong-Rey Hits Taiwan, Pummeling Shanghai with Record Rainfall
Typhoon Kong-Rey made landfall in Taiwan, bringing dangerous winds and severe weather conditions. As the storm tracks toward mainland China, it has led to significant disruptions, including stock market suspensions, flight cancellations, and power outages. With forecasts predicting heavy rainfall in Shanghai, Typhoon Kong-Rey poses risks of flooding and landslides, highlighting the increasing intensity of severe weather events in the region.
Toyota and NTT to Invest $3.3 Billion in AI Mobility Platform for Traffic Safety
Toyota and NTT will invest $3.3 billion in an AI mobility platform aimed at traffic safety. The AI platform targets reducing accidents, supporting safer driving, and enabling industry-wide adoption by 2030.
Iran iPhone Import Ban Lifted, Allowing New Models in the Market
Iran has lifted its iPhone import ban, allowing new models like iPhone 14, 15, and 16 into the market. Explore what this change means for Iran’s tech landscape.
Stocks Fall Amid Economic Uncertainty Before Key Events
Stocks fell amid economic uncertainty as traders braced for volatility ahead of key economic reports and the upcoming US election.
Toyota’s Worldwide Output Drops for Eighth Straight Month
Toyota’s worldwide output drops for the eighth consecutive month, driven by declining sales and production issues in the U.S. and China. This article explores the factors behind Toyota’s performance and the challenges ahead.
Japan's Nikkei Rises Over 1% as Big Tech Stocks Propel Nasdaq to Record Highs
Japan's Nikkei 225 surges over 1% following Nasdaq record highs driven by Big Tech gains, with mixed performance across Asian markets.
US Futures Waver With Earnings and Election in Focus
US Futures waver as the earnings season heats up and the upcoming election approaches. Investors react to early reports, while key economic data influences market sentiment.
McDonald's Stock Dips Following Disappointing Same-Store Sales Report
McDonald's stock falls as third-quarter earnings reveal a decline in same-store sales. Despite revenue growth, net income decreased, raising concerns for investors.
the tv buzzer© 2024 All Rights Reserved