Michael Chen

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.

Benjamin Hughes

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.

Michael Chen

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.

Michael Chen

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.

Michael Chen

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.

Michael Chen

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.

Benjamin Hughes

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.

Michael Chen

Trump Trade doubts weigh on the dollar and boost bond futures as US election polling suggests a tight race between Trump and Harris.

Benjamin Hughes

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.

Michael Chen

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.

Lauren Miller

Bitcoin price jumps above $70,000 amid rising optimism linked to the upcoming election. Analysts predict potential highs exceeding $200,000 as market dynamics shift post-halving.

Michael Chen

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.

Benjamin Hughes

Legal challenges are increasingly hindering SEC rulemaking, reshaping oversight capabilities in a critical election year as the agency grapples with court limitations.

Benjamin Hughes

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.

Benjamin Hughes

BNP Paribas meets profit forecasts in Q3, driven by strong investment bank performance. Despite challenges in consumer finance, the eurozone's largest bank reports a 7.8% increase in net income.

Lauren Miller

Stocks fell amid economic uncertainty as traders braced for volatility ahead of key economic reports and the upcoming US election.

Lauren Miller

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.

Lauren Miller

Japan's Nikkei 225 surges over 1% following Nasdaq record highs driven by Big Tech gains, with mixed performance across Asian markets.

Michael Chen

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.

Lauren Miller

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.