News
Important Only
Japan LDP's Takaichi explores coalition with right-leaning party in premiership bid
TOKYO, Oct 16 (Reuters) - Japan's weakened Liberal Democratic Party is set to begin policy talks on Thursday with the Japan Innovation Party (JIP) as Sanae Takaichi, the ruling party's new leader, woos an ally to help clinch a prime ministerial vote expected next week.Reuters
Thu, Oct 16
Gold prices extend record rally on US-China tensions, rate-cut bets
Oct 16 (Reuters) - Gold prices hit a record high on Thursday, rising for a fifth session, as investors ramped up their safe-haven bets amid rising trade tensions between the world's two largest economies, a U.S. federal government shutdown and heightened rate-cut bets.
Reuters
Thu, Oct 16
US Big Tech Earnings Preview: Tesla Faces Pressure, Nvidia Still Shines
The third-quarter earnings season for Big Tech is about to kick off — a period that often proves to be a make-or-break moment for the broader stock market. With investors seeking clues on whether the recent tech rally can sustain its momentum...Tiger News
Thu, Oct 16
What Big Bank Q3 Earnings Reveal About the U.S. Economy: Strong Consumers, Healthy Credit — But Divided Outlooks
TradingKey - As expected, the six major Wall Street banks — JPMorgan Chase, Bank of America, Citi, Wells Fargo, Morgan Stanley, and Goldman Sachs — reported record-breaking or near-record results for Q3 2025. Despite ongoing macro challenges, their earnings paint a picture of resilient consumer
Sea Stock Tumbles Nearly 10% As Analysts Debate Shopee’s Growth Vs. High Valuation
After a strong 2025 rally, Sea Ltd’s stock has been volatile this week. The shares opened Oct. 15 near $184 (after closing $180.69 on Oct. 14) but slumped to a day’s low of about $162, settling at $163.42. This ~10% one-day drop wiped out weeks of gains, in line with a broader tech selloff.Tiger News
Thu, Oct 16
Shutdown could cost US economy $15 billion a week, Treasury says
Washington, Oct 15 (Reuters) - The two-week-old federal government shutdown may cost the U.S. economy as much as $15 billion a week in lost output, a Treasury official said late on Wednesday, correcting an earlier statement from Treasury Secretary Scott Bessent that put the cost at up to $15 billionReuters
Thu, Oct 16
Bessent says US expects Japan to stop buying Russian energy
Japan says it will 'do what it can' to help Ukraine peace effortRussia's Sakhalin-2 project supplies 9% of Japan's LNG importsJapan also buys small volume of crude from Sakhalin-2 projectBy Ismail Shakil and Katya Golubkova Oct 15 (Reuters) - U.S. Treasury Secretary Scott Bessent ...Reuters
Thu, Oct 16
Australia dollar slips as jobs shock rekindles calls for rate cut
SYDNEY, Oct 16 (Reuters) - The Australian dollar slipped on Thursday when data showed unemployment jumping to a near four-year high as jobs growth continued to slow sharply, a shock result that rekindled pressure for a near-term rate cut.
Reuters
Thu, Oct 16
S&P 500 ends higher after strong bank earnings, chip stocks rally
Oct 15 (Reuters) - The S&P 500 ended higher on Wednesday, with Morgan Stanley and Bank of America rallying after solid quarterly results, while investors remained focused on the recent increase in China-U.S. trade tensions.Reuters
Thu, Oct 16
Trump signs order to pay troops during US government shutdown
WASHINGTON, Oct 15 (Reuters) - U.S. President Donald Trump signed an order on Wednesday directing the Pentagon to ensure active-duty military personnel are paid despite the federal government shutdown, the White House said, addressing one of the most sensitive issues in the bitter standoff over fedeReuters
Thu, Oct 16
Bank of England (BoE) plans to maintain caps on stablecoin holdings until it is assured that they do not threaten financial stability
Bank of England (BoE) Deputy Governor Sarah Breeden, in a speech delivered today, October 15, 2025, talked more about the stablecoin cap and when it is likely to disappear as the UK intensifies efforts to regulate stablecoins under a framework that balances innovation with financial safeguards.Cryptopolitan
Thu, Oct 16
Apple's newly tapped head of ChatGPT-like AI web search to leave for Meta, Bloomberg News reports
Oct 15 (Reuters) - Apple's AAPL.O Ke Yang, the newly tapped executive leading an effort to develop a ChatGPT-like AI-driven web search, is stepping down to join Meta META.O, Bloomberg News reported on Wednesday, citing people with knowledge of the matter.Reuters could not immediately verify the ...Reuters
Thu, Oct 16
Oil prices hit 5-month low on US-China trade tensions, looming supply surplus
Analysts expect rise in US crude inventoriesUS-China trade tensions risk disrupting global oil freightIEA predicts oil surplus in 2026 due to OPEC+ output riseBy Scott DiSavino NEW YORK, Oct 15 (Reuters) - Oil prices eased on Wednesday to a five-month low on escalating U.S.-China trade te...Reuters
Wed, Oct 15
