Today: November 21, 2024
Today: November 21, 2024

Finance

Asia|Business|Economy|Finance|Stock Markets|US

US hedge funds pile into China's JD.com, GDS: Goldman

U.S. hedge funds raised their investments in U.S.-listed Chinese firms in the third quarter, with e-commerce retailer JD.com and data centre operator GDS Holdings

US hedge funds pile into China's JD.com, GDS: Goldman
Business|Economy|Europe|Finance|Stock Markets

Volkswagen enters third round of wage talks as strike action looms

Volkswagen management and worker representatives begin a third round of wage negotiations on Thursday, with just ten days left to find a solution before unions have threatened to

Volkswagen enters third round of wage talks as strike action looms
Economy|Europe|Finance|US

ECB policymaker says Trump tariff hikes won't shift Europe's inflation outlook

Tariff hikes under the new Trump administration do not shift the inflation outlook in Europe, ECB policymaker Francois Villeroy de Galhau said on Thursday, urging the

ECB policymaker says Trump tariff hikes won't shift Europe's inflation outlook
Business|Europe|Finance|Stock Markets|Technology

Nvidia disappoints, bitcoin nears $100K

A look at the day ahead in European and global markets from Ankur Banerjee The prospect of slowing sales growth at AI juggernaut Nvidia and simmering worries over geopolitical tensions are keeping

Nvidia disappoints, bitcoin nears $100K
Economy|Environment|Finance|World

At UN climate talks, a draft of the deal gives little clarity on climate cash for developing nations

A new draft text released early Thursday which will form the basis of any deal reached at United Nations climate talks on money for developing countries to transition to clean energy and adapt to climate change left out a crucial sticking point: how much wealthy nations will pay

At UN climate talks, a draft of the deal gives little clarity on climate cash for developing nations
Business|Economy|Finance

BOJ Ueda says will 'seriously' take into account FX impact on economy, prices

Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will "seriously" take into account foreign exchange-rate moves in compiling its economic and price

BOJ Ueda says will 'seriously' take into account FX impact on economy, prices
Asia|Business|Finance|US

Starbucks considers selling stake in Chinese business, Bloomberg News reports

Starbucks is exploring options for its Chinese operations, including the possibility of selling a stake in the business to a local partner, Bloomberg News reported on Wednesday, citing

Starbucks considers selling stake in Chinese business, Bloomberg News reports
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Asian shares mostly slip despite Nvidia's solid earnings report

Asian shares have mostly fallen as regional markets tried to digest a strong profit report from Nvidia

Stock market today: Asian shares mostly slip despite Nvidia's solid earnings report
Asia|Australia|Business|Finance|Stock Markets

GQG Partners' stock plunges over 20% on US bribe, fraud charges against India's Adani

GQG Partners, which has a near 20% stake in India's Adani Group, saw its Australia-listed shares plunge 23% on Thursday after Gautam Adani, the conglomerate's chair, was indicted in the

GQG Partners' stock plunges over 20% on US bribe, fraud charges against India's Adani
Asia|Business|Economy|Finance|World

China advisers call for steady 5% 2025 economic growth goal, stronger stimulus

Chinese government advisers are recommending that Beijing should maintain an economic growth target of around 5.0% for next year, pushing for stronger fiscal stimulus

China advisers call for steady 5% 2025 economic growth goal, stronger stimulus
Business|Economy|Finance

Flour millers face supply crunch as wheat farmers tighten grip on stocks

Wheat growers in several exporting countries are reluctant to sell their crops with prices near four-year lows, traders, farmers and

Flour millers face supply crunch as wheat farmers tighten grip on stocks
Business|Election|Finance|US

Lutnick's China ties draw fire after Trump taps him to lead US in trade, tariffs

Investment banker Howard Lutnick's exposure to China came into sharp relief on Wednesday, after Republican President-elect Donald Trump tapped him to lead the

Lutnick's China ties draw fire after Trump taps him to lead US in trade, tariffs
Business|Finance|Stock Markets|US

India's Adani Group sees $30 billion in value wiped off after US indictments

Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after U.S. prosecutors charged the billionaire

India's Adani Group sees $30 billion in value wiped off after US indictments
Asia|Business|Finance|Stock Markets|Technology

Asian stocks stutter as Nvidia's forecast disappoints

Asian equities fell on Thursday after AI darling Nvidia disappointed investors with slower revenue growth expectations, while the dollar firmed and bitcoin hit a

Asian stocks stutter as Nvidia's forecast disappoints
Business|Crime|Finance|US

Indian billionaire Gautam Adani charged in US over $265 million bribery scheme

Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for his alleged role in a $265 million bribery scheme, plunging his

Indian billionaire Gautam Adani charged in US over $265 million bribery scheme
Business|Finance|Stock Markets

Kioxia market value set at $5 billion, Japan chipmaker to receive listing approval, sources say

Bain-backed Kioxia will have a market value of about 750 billion yen ($4.84 billion) based on the indicative price for its initial public offering,

Kioxia market value set at $5 billion, Japan chipmaker to receive listing approval, sources say
Business|Finance|Technology

Nvidia's supply snags hurting deliveries but mask booming demand

Nvidia's revenue forecast on Wednesday disappointed Wall Street, raising questions over whether the artificial intelligence boom

Nvidia's supply snags hurting deliveries but mask booming demand
Business|Economy|Finance|Technology|US

Class action lawsuit on AI-related discrimination reaches final settlement

A federal judge has signed off on a settlement agreement Wednesday in a class action lawsuit alleging that an algorithm designed to score rental applicants discriminated on the basis of race and income

Class action lawsuit on AI-related discrimination reaches final settlement
Asia|Economy|Finance

Japan plans $90 billion spending in new stimulus package, NHK reports

Japan is considering spending 13.9 trillion yen ($89.7 billion) from its general account to fund a new stimulus package aimed at mitigating the impact of increasing

Japan plans $90 billion spending in new stimulus package, NHK reports
Asia|Business|Crime|Finance|Stock Markets

Adani dollar bonds tumble after US bribery charges

Dollar bond prices for Adani companies fell sharply in early Asia trade on Thursday after the Indian conglomerate's billionaire chairman was indicted in New York over allegations

Adani dollar bonds tumble after US bribery charges
Economy|Finance|US

Dollar pulls ahead as markets focus on Trump policies, Fed outlook

The U.S. dollar stood broadly firm on Thursday as traders awaited more clarity on U.S.

Dollar pulls ahead as markets focus on Trump policies, Fed outlook
Americas|Asia|Business|Economy|Finance

Brazil development bank gets $690 million loan from China

China Development Bank signed a deal on Wednesday to loan 5 billion yuan ($690 million) to Brazil's National Bank for Economic and Social Development BNDES,

Brazil development bank gets $690 million loan from China
Business|Finance|Technology|US

Palo Alto tops revenue and profit estimates on steady cybersecurity demand

Palo Alto Networks beat Wall Street expectations for first-quarter revenue and profit on Wednesday, owing to healthy spending for its cybersecurity services amid a rise in digital threats.

Palo Alto tops revenue and profit estimates on steady cybersecurity demand
Economy|Europe|Finance

German tax revenue rose by 8.2% in October, finance ministry says

Germany's federal and state governments' tax revenue rose 8.2% in October compared with the same month last year, the finance ministry said in its monthly report

German tax revenue rose by 8.2% in October, finance ministry says

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