- December 26th, 2024
Asian shares experienced subdued trading on Thursday, reflecting investor caution as fresh U.S. data showed stalled progress in lowering inflation. While the U.S. economy displayed resilience, uncertainty over the Federal Reserve's monetary policy for 2025 kept traders hesitant. The Thanksgiving...
Amid rising fears of a renewed U.S.-China trade war, Chinese state media have singled out certain American companies for their “strong collaboration” with local partners. This commentary comes as U.S. President Donald Trump prepares to take office for his second...
Oil prices dipped in Asian trading on Thursday, reflecting unease among investors after a surprising build in U.S. gasoline stocks ahead of the Thanksgiving holiday. The unexpected increase sparked concerns over demand in the world's largest consumer of motor fuel....
South Korea's central bank lowered its benchmark interest rate on Thursday for the second consecutive month. The Bank of Korea (BOK) cut its policy rate by 0.25 percentage points to 3%, signaling a shift towards more accommodative monetary policies in...
In an unprecedented grassroots effort, hundreds of Chinese investors have mobilized this month to demand answers from authorities regarding the collapse of Evergrande, the embattled property giant that succumbed under more than $300 billion in liabilities. This coordinated campaign marks...
Hesai Group, the world’s largest manufacturer of lidar sensors for advanced driver-assistance systems (ADAS), is charting an ambitious growth trajectory that appears unfazed by geopolitical pressures. The Nasdaq-listed company, founded in 2014, is driving innovation in autonomous vehicle technology while...
Hyundai Motor Company announced on Wednesday that it will initiate a significant share buyback program worth 1 trillion won (approximately $715.79 million). The program will begin on Thursday and is slated to run over the course of three months, according...
The Reserve Bank of New Zealand (RBNZ) has indicated that a significant further reduction in interest rates is likely early next year if the economy performs as forecasted. This announcement follows the Monetary Policy Committee’s (MPC) decision to cut the...
Foxconn Technology Group, a major player in the global electronics manufacturing industry and a critical supplier for Apple, expressed confidence on Wednesday that it is well-positioned to weather potential tariff changes under the incoming administration of U.S. President-elect Donald Trump....
Asian markets faced another turbulent session on Wednesday as investors grappled with fears of escalating trade tensions under incoming U.S. President Donald Trump. A day after Trump pledged hefty tariffs on Canada, Mexico, and China, market sentiment was rattled across...
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