Analysis

NAGOYA, Japan (Reuters) - A shift to an electric vehicle-only future would lead to job losses among those who have been working on engine-related technologies, including at the many suppliers in the sector, Toyota Motor's chairman said on Thursday.

China’s recent batch of economic support largely disappointed investors holding out for a stimulus “bazooka,” with Morgan Stanley (NYSE:MS) stating that Beijing had limited scope to roll out fiscal measures. 

TradingKey - Chinese assets, which surged recently on hopes for stronger fiscal stimulus, saw a sharp reversal as market sentiment shifted. On Wednesday, mainland Chinese stocks plunged, with major indices dropping 4%.

NEW YORK (Reuters) - A gauge of global stocks declined on Monday and U.S. Treasury yields climbed, with the benchmark 10-year note topping 4%, as investors readjusted their views for the path of interest rates from the Federal Reserve.

TAIPEI (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the third quarter on strong demand for artificial intelligence (AI) servers.

(Reuters) - European stocks dropped to two-weeks lows on Tuesday, as lack of fresh details over China's stimulus measures sparked a selloff in sectors linked to the world's second-largest economy such as mining and luxury.

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SYDNEY (Reuters) -Chinese stocks raced toward their best week since 2008 and helped lift Asian shares to 2-1/2-year highs after Beijing rolled out a huge stimulus package to revive the economy, while a sharp fall in oil prices bodes well for disinflation globally.

(Reuters) - Foreigners pulled out of Japanese stocks for a sixth successive week through Sept. 21, due to lingering concerns over a stronger yen and increased caution ahead of the Bank of Japan's monetary policy decision.

India equities were higher at the close on Thursday, as gains in the Auto, Metals and Banking sectors propelled shares higher.

SINGAPORE/LONDON (Reuters) - European shares followed Asia higher on Thursday, driven by news of aggressive economic stimulus from China and a fall in oil prices on a report that Saudi Arabia is preparing to abandon its unofficial price target of $100 a barrel.

At the market open in London, the FTSE 100 Index dropped 0.20%.

Citi hiked its price targets on two Chinese electric vehicle makers, forecasting stronger sales on resilient domestic conditions, despite broader headwinds for the Chinese economy. 

U.K. equities started mixed on Tuesday, with rises in Industrial Metals & Mining, Personal Goods, Life Insurance; and losses in General Industrials, Electricity, Food & Drug Retailers sectors.

Chinese stocks are primed for a rebound in the coming months, Gavekal Research said in a note, stating that they were undervalued after prolonged underperformance, and that Beijing was likely to unveil more stimulus measures. 

Investing.com - Bank of America (NYSE:BAC) Securities has taken a look at European luxury goods, and expects the sectorial slowdown to continue into the second half of 2024 and also next year.

India equities were higher at the close on Monday, as gains in the Oil&Gas, Real Estate and Public Sector Undertakings sectors propelled shares higher.

Most Asian stocks rose slightly on Monday amid persistent cheer over lower interest rates, while Australian markets lagged as major retail stocks fell sharply in the face of an antitrust lawsuit. 

EQS Newswire / 19/09/2024 / 09:30 MSKSolidcore Resources plc (“Solidcore” or the “Company”) is pleased to announce that the Board of Directors has approved the construction of green energy power plants at Varvara mine.“Our path to net zero along with Kazakhstan’s decarbonisation efforts underpin Sol

Investing.com - The share price of Danone (LON:0KFX) SA (OTC:DANOY) (EPA: DANO) reached a high of €66.34 last Tuesday, a level not seen since 2020, and has since slightly corrected. However, analysts at Jefferies believe that the stock will remain under pressure.