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Trump expected to approve TikTok deal via executive order later this week, WSJ reports
Sept 22 (Reuters) - U.S. President Donald Trump is expected to approve a deal for TikTok through an executive order, declaring that it satisfies the requirements of law later this week, the Wall Street Journal reported on Monday, citing a senior White House official.Reuters
Mon, Sep 22
U.S. August PCE Inflation Data Released.What Signals Will Powell and Top Fed Officials Deliver?【The week ahead】
TradingKey - U.S. stocks extended gains last week, with the Dow Jones Industrial Average rising 1.05%, the Nasdaq Composite advancing 2.21%, and the S&P 500 climbing 1.22%.
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Mon, Sep 22
Who Pays for Trump’s H-1B Visa Fee Hike? The Triple Shock: Corporate Costs, Labor Chaos, Innovation at Risk
TradingKey - Citing the need to "protect American workers," President Donald Trump has signed a new executive order overhauling the H-1B visa program, raising application fees from around $5,000 to $100,000 per visa — sending shockwaves through U.S. corporations. Critics warn this “worker-first”
Buffett Raises Mitsui Stake to Over 10%, Boosting Japan’s Top Trading Houses
TradingKey - On September 22, Mitsui & Co., one of Japan’s Trading Houses, announced that Warren Buffett’s Berkshire Hathaway now holds over 10% of the company’s shares, making it a major shareholder and possibly looking to further increase its stake.
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Mon, Sep 22
Warren Buffett Sells Entire BYD Stake, Capping 38-Bagger Investment; Stock Falls
TradingKey - On the evening of September 21, news emerged that Warren Buffett's Berkshire Hathaway had completely exited its investment in BYD. According to publicly available data, BYD's stock price surged approximately 3,890% from Buffett's initial investment in 2008 until the complete exit...TradingKey
Mon, Sep 22
From Blaming Wi-Fi to Admitting System Flaws: Meta’s Smart Glasses “Glitch” Reveals AI Engineering Challenges
TradingKey - At last week’s Meta Connect conference, Meta unveiled three new smart glasses: the upgraded Ray-Ban Meta, the Ray-Ban Display with a wristband controller, and the Oakley sports model Vanguard.TradingKey
Mon, Sep 22
Trump-Backed 'Patriot Alliance' Sees Murdoch, Dell, Ellison Lead Funding in TikTok US Revamp
TradingKey - President Donald Trump stated on Sunday that media mogul Rupert Murdoch along with Lachlan Murdoch, Oracle founder Larry Ellison, and Dell Technologies Chairman Michael Dell, will serve as core American investors in the equity restructuring deal for TikTok's U.S. operations, enabling TiTradingKey
Mon, Sep 22
Turkey ends some tariffs on US imports ahead of Erdogan-Trump meeting
Erdogan set to meet Trump on ThursdayCancelled tariffs had been imposed during Trump's first termTrump says he expects trade, military deals during visitBy Daren Butler ISTANBUL, Sept 22 (Reuters) - Turkey said on Monday it had terminated retaliatory tariffs imposed in 2018 on U.S. imports ra...Reuters
Mon, Sep 22
Pfizer Bets Big with 110% Premium to Acquire Metsera — A Lifeline in the Weight-Loss Drug Race
As Novo Nordisk and Eli Lilly dominate the weight-loss drug market — building empires from scratch — and after its own R&D setbacks, U.S. pharmaceutical giant Pfizer (PFE) is now going all-in with a doubled-premium acquisition of rising obesity drug developer Metsera.
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Mon, Sep 22
Warren Buffett’s Berkshire Hathaway exits China's BYD, filing shows
BEIJING, Sept 22 (Reuters) - Warren Buffett's Berkshire Hathaway BRKa.N has fully exited Chinese automaker BYD 1211.HK 002594.SZ, a filing showed, ending a 17-year investment that grew over 20-fold in value in that period.Reuters
Mon, Sep 22
Crypto market dips, wiping out over $630 million in liquidations while Metaplanet adds 5,419 BTC
Crypto markets experienced turbulence over the past 24 hours, with over $630 million in leveraged positions liquidated, 89% of which were long positions—highlighting overly bullish positioning. Despite the sell-off, institutional sentiment stayed firm as Metaplanet expanded its Bitcoin holdings with
Nvidia and Abu Dhabi institute launch joint AI and robotics lab in the UAE
DUBAI, Sept 22 (Reuters) - Abu Dhabi's Technology Innovation Institute and Nvidia NVDA.O have launched a joint research lab in the United Arab Emirates that will focus on developing next-generation AI models and robotics platforms, TII said on Monday.
Reuters
Mon, Sep 22
UK considers plan to scrap visa fees for top global talent, FT reports
Sept 22 (Reuters) - British Prime Minister Keir Starmer is exploring proposals to abolish some visa fees for top global talent at a time when the U.S. has taken a tougher stance on immigration, the Financial Times reported on Monday.Reuters
Mon, Sep 22
JGBs extend declines as bets for BOJ rate hike grow
TOKYO, Sept 22 (Reuters) - Japanese government bonds (JGBs) extended declines on Monday, with the two- and five-year yields hitting 17-year highs, as investors braced for a possible interest rate hike following hawkish signals from the Bank of Japan.Reuters
Mon, Sep 22
Samsung's Shares Reach Highest Level in Over a Year as Nvidia Certifies HBM3E Chips
TradingKey - Samsung Electronics' fifth-generation 12-layer HBM3E high-bandwidth memory has finally passed Nvidia's quality certification test after 18 months of setbacks, signaling a revival of its competitive edge in the semiconductor sector, according to Korean media reports. This development sawTradingKey
Mon, Sep 22
U.S.-South Korea $350 Billion Investment Deal Faces Impasse — Core Dispute Centers on Liquidity Risk
TradingKey - In July, the U.S. and South Korea reached a verbal agreement on a major trade deal: South Korea would commit $350 billion in investments into the United States in exchange for reduced U.S. tariffs on Korean goods.TradingKey
Mon, Sep 22
