Asian Financial Markets

Asian Markets Slip as Wall Street Rallies on Trump’s Re-Election, Led by Key Financial Stocks

Asian markets faced a mostly lower trading day Tuesday, largely overshadowed by the rally on Wall Street, as investors interpreted the re-election of President Donald Trump as a potentially positive signal for certain U.S. stocks. Trump’s re-election and his administration’s...
Shigeru Ishiba

Japanese Government Unveils Ambitious $65 Billion Tech Investment Plan to Boost Semiconductor and AI Sectors

In a sweeping move to bolster Japan’s technology sectors, Prime Minister Shigeru Ishiba has pledged an unprecedented $65 billion in public aid to the nation’s semiconductor and artificial intelligence industries. The funding plan, which targets strategic expansion through fiscal 2030,...
Korea Zinc

Korea Zinc Weighs $1.8 Billion Share Sale Amid Shareholder Tensions and Regulatory Concerns

Korea Zinc Co., the world’s largest refined zinc producer, announced Tuesday that it is carefully reconsidering a controversial $1.8 billion share sale plan. The plan, which initially surprised the market and sparked significant backlash from both regulators and investors, remains...
JetBlue Airways

JetBlue Extends Flight Suspension to Haiti Amid Gunfire Incidents on Aircraft: Safety Concerns Escalate

JetBlue Airways announced late Monday evening it would extend its suspension of flights to and from Haiti until at least December 2, following the discovery of damage from a bullet on one of its planes returning from Port-au-Prince, the Haitian...
Bitcoin

Bitcoin’s Record-Breaking Rally Pushes Digital Asset Past $89,000 Under Trump’s Crypto-Friendly Vision

Bitcoin surged to an all-time high of $89,599 early Tuesday, marking a historic milestone in the cryptocurrency market, which now surpasses its previous pandemic-era peak. This rally has fueled the overall valuation of digital assets to $3.1 trillion, a figure...
Mexico City

Mexico’s Economy Minister Marcelo Ebrard Warns of Possible Retaliatory Tariffs if U.S. Imposes Duties on Mexican Goods

Marcelo Ebrard, Mexico's Economy Minister, warned on Monday of potential retaliatory tariffs on American imports should the incoming Trump administration impose tariffs on Mexican goods. Ebrard’s remarks, aired in an interview with Mexico's Radio Formula, signal that Mexico is prepared...
US dollar

U.S. Dollar Holds Near Four-Month High as Markets React to Trump’s Economic Policies; Bitcoin Hits New Record

The U.S. dollar held close to a four-month peak against other major currencies on Tuesday as investors continued to support assets they believe will benefit from the anticipated policies of incoming President Donald Trump. Market trends reflected a renewed confidence...
Crude Oil Prices

Oil Prices Stabilize as Markets Await OPEC Report Following China’s Stimulus and Supply Concerns

In early trading on Tuesday, oil prices exhibited little movement as investors awaited key insights from the upcoming monthly report by the Organization of Petroleum Exporting Countries (OPEC). This report is anticipated to shed light on production levels, demand forecasts,...
Alibaba

Alibaba Records “Robust Growth” in Sales and Sets Shopper Record During 2024 Singles’ Day Event

China’s largest e-commerce platform, Alibaba Group, has announced impressive sales numbers following this year’s Singles’ Day shopping festival, reporting “robust growth” and a “record number” of shoppers. The annual retail event, which began as a one-day affair on November 11,...
Vistara Airlines

Farewell to Vistara: An Era of Ambition, High-Flying Legacy Lives On as India Says Goodbye

Vistara first took flight in January 2015, it soared with more than just passengers on board; it carried the aspirations of an airline forged from the legacy of two aviation powerhouses, Tata Sons and Singapore Airlines. Together, they launched Vistara...
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