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Chicago soybeans hit 15-month high on US-China trade deal hopes
Chicago soybean futures touched a more than 15-month high on Tuesday, driven by optimism that the U.S. could reach a trade deal with China as leaders from both the countries are expected to meet in South Korea on Thursday.Reuters
Tue, Oct 28
USD/INR rises further Indian Rupee weakens on rising oil price
The Indian Rupee (INR) extends its downside against the US Dollar (USD) at open on Tuesday. The USD/INR jumps to near 88.60 as the Indian Rupee underperforms due to a recovery move in the Oil price seen in the past week.Fxstreet
Tue, Oct 28
Citi to tie up with Coinbase to boost digital payments for institutional clients
Citigroup C.N and cryptocurrency exchange Coinbase COIN.O plan to collaborate on digital asset payment solutions for the U.S. bank's institutional clients, to expand the offering to global clients in the future.Reuters
Tue, Oct 28
China's foreign minister speaks with Rubio ahead of Trump-Xi meeting
BEIJING, Oct 27 (Reuters) - China hopes the United States can meet it halfway to "prepare for high-level interactions" between the two countries, foreign minister Wang Yi told U.S. Secretary of State Marco Rubio in a phone call on Monday, China's foreign ministry said.Reuters
Tue, Oct 28
Oil settles lower as OPEC plans to increase oil output
HOUSTON, Oct 27 (Reuters) - Oil prices settled marginally lower on Monday as OPEC's plans to increase oil output once again outweighed hopes of a trade deal framework between the U.S. and China and renewed U.S. sanctions on Russia.
Reuters
Tue, Oct 28
Tesla Gains Massive Vote of Confidence on Compensation Plan for Elon Musk
The State Board of Administration of Florida (SBA) has given a significant endorsement to Tesla's proposed $1 trillion compensation plan for CEO Elon Musk. This development was disclosed in a filing submitted to the Securities and Exchange Commission (SEC) on Monday.
Tiger News
Tue, Oct 28
Qualcomm announces new AI chips in data center push, shares surge
Oct 27 (Reuters) - Qualcomm QCOM.O on Monday unveiled two artificial intelligence chips for data centers that will be available next year, diversifying beyond a stagnant smartphones market and sending its shares up 20%.The share gain following the news underscores strong ent...
Reuters
Tue, Oct 28
Amazon targets as many as 30,000 corporate job cuts, sources say
SAN FRANCISCO, Oct 27 (Reuters) - Amazon AMZN.O is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.
Reuters
Tue, Oct 28
Nasdaq Jumps 1.86%, S&P Rises 1.23% to Fresh Highs; Nvidia, AMD Advance Nearly 3%; Tesla Gains over 4%; Qualcomm Surges 11%
Wall Street's main indexes posted record closing highs for the second day in a row on Monday as investors were hopeful about the prospects for a U.S.-China trade deal and looked forward to a week packed with high-profile technology earnings and a widely expected U.S. interest rate cut.Tiger News
Tue, Oct 28
Takaichi, Trump to sign joint document on securing rare earth minerals, Asahi says
TOKYO, Oct 28 (Reuters) - Japanese Prime Minister Sanae Takaichi and U.S. President Donald Trump are in the final stages of preparing a joint document on securing rare earths and other critical minerals and strengthening supply chains, the Asahi Newspaper reported on Tuesday. The agreement, whichReuters
Tue, Oct 28
METALS-Copper hits 17-month peak on US-China trade deal optimism
By Pratima Desai LONDON, Oct 27 (Reuters) - Copper prices hit 17-month highs on Monday as signs of easing trade tensions between the world's two largest economies - China and the U.S. - and hopes for stronger growth and demand spurred buying.Benchmark copper CMCU3 on the London Metal Exchange...Reuters
Mon, Oct 27
