News
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Growth at a cost: Tesla's cheaper EVs might revive sales but squeeze profit
SAN FRANCISCO, Oct 21 (Reuters) - The profitability of Tesla's TSLA.O so-called affordable new cars will be in focus when the electric vehicle maker reports quarterly results on Wednesday, and analysts think that thousands of dollars in cost cuts per vehicle will not be quite enough to protect profi
Reuters
Tue, Oct 21
Trump's approval edges up despite Americans blaming Republicans for shutdown
WASHINGTON, Oct 21 (Reuters) - Americans blame Republican lawmakers more than Democratic lawmakers for a partial government shutdown, according to a new Reuters/Ipsos poll that also showed Republican President Donald Trump's approval rating increasing slightly.Reuters
Tue, Oct 21
Novo Nordisk fights to keep Medicaid paying for weight-loss drugs
Oct 21 (Reuters) - Novo Nordisk, which lobbied to win Medicaid reimbursement for its obesity drug Wegovy, is fighting to keep that coverage as some U.S. states struggle with the treatment's costs, according to state documents, company emails and interviews with lawmakers and advocates.
Reuters
Tue, Oct 21
Gold takes a breather after record rally, focus turns to US CPI data
Oct 21 (Reuters) - Gold prices fell over 2% on Tuesday as investors booked profits after the metal hit another record high in the previous session, driven by expectations of U.S. interest rate cuts and strong safe-haven demand.
Reuters
Tue, Oct 21
"Global Expansion on Fire!" POP MART Q3 Revenue Soars 250%, Overseas Markets Become New Growth Engine
TradingKey - Leading toy brand POP MART (9992.HK) released its earnings preview for the third quarter of 2025, reporting a staggering 245% to 250% year-on-year increase in total revenue, continuing its strong growth momentum.TradingKey
Tue, Oct 21
Gold and Stocks Rise in Tandem — It’s Not Inflation or Risk, It’s Liquidity
TradingKey - Since 2025, both gold and equities have continued to hit new all-time highs — a rare phenomenon in financial history. Conventional explanations such as dollar depreciation, inflation hedging, and safe-haven demand struggle to explain this simultaneous rally. The true force behind theTradingKey
Tue, Oct 21
Federal Reserve’s Payments Innovation Conference Set to Launch — Related Stocks and Tokens May See New Opportunities
The Federal Reserve is preparing to host its Payments Innovation Conference, with a focus on four key themes: artificial intelligence, stablecoins, tokenization, and DeFi.
TradingKey
Tue, Oct 21
OpenAI Tightens Sora Rules Under Pressure from Hollywood, Cracking Down on AI Deepfakes
TradingKey - OpenAI announced on Monday, in conjunction with the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) and renowned actor Bryan Cranston along with his agency, a joint statement declaring strengthened regulation of its AI video creation application...TradingKey
Tue, Oct 21
Pound Sterling extends downside against US Dollar as Sino-US trade tensions recede
The Pound Sterling (GBP) extends its losing streak against the US Dollar (USD) for the third trading day on Tuesday. The GBP/USD pair slides further to near 1.3370 as the US Dollar extends its recovery move amid growing expectations that the United States (US) and China will reach a trade deal soon.
Fxstreet
Tue, Oct 21
Nikkei extends record rally as Japan makes history with first female PM
Market focus on Takaichi's cabinet for economic policy directionKatayama likely to be appointed finance minister, FNN reportsYen weakens, JGB yields fall following votes in parliamentBy Rocky Swift TOKYO, Oct 21 (Reuters) - Japan's Nikkei share gauge closed at a record high on Tuesday, le...Reuters
Tue, Oct 21
U.S. and Australia Seal $8.5bn Critical Minerals Deal, Sending Australian Miners Soaring.
TradingKey - The United States and Australia reached a strategically significant critical minerals cooperation agreement on Monday, aiming to break China's global dominance in this sector and reduce supply chain risks through substantial financial support for Australian mining companies.TradingKey
Tue, Oct 21
South Korea, Taiwan stocks scale new records on trade deal optimism
Oct 21 (Reuters) - Equities in South Korea and Taiwan set new records on Tuesday as optimism about Seoul's trade deal with the United States and enthusiasm for AI-related investments kept the appetite for risk assets running hot.Reuters
Tue, Oct 21
Gold's record run pauses as investors book profits
Oct 21 (Reuters) - Gold prices inched lower on Tuesday, as investors booked profits after bullion hit a fresh high in the previous session on hopes of further interest rate cuts from the U.S. Federal Reserve and strong safe-haven demand.Reuters
Tue, Oct 21
Japanese Stocks Hit Record Highs — But This Time, the ‘Takaichi Trade’ Has a New Twist
Japanese equities continue hitting record highs on the back of fiscal stimulus and monetary easing expectations — the so-called “Takaichi trade.” But this time, the trade is evolving due to the inclusion of Ishin.TradingKey
Tue, Oct 21
