News
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China takes steps against US-linked units of S.Korea shipbuilder Hanwha
By Liz Lee, Yukun Zhang and Heejin Kim BEIJING/SEOUL, Oct 14 (Reuters) - China announced sanctions on Tuesday against five U.S.-linked subsidiaries of South Korean shipbuilder Hanwha Ocean 042660.KS amid trade tension between the world's two largest economies, sending the company's shares...Reuters
Wed, Oct 15
China’s September Core CPI Hits 1% for First Time in 19 Months, PPI Deflation Eases
TradingKey - Although China’s September CPI and PPI remained in negative year-on-year territory, the latest inflation data shows encouraging signs that efforts to combat deflation are gaining traction. Core CPI rose 1.0% YoY — the first time in 19 months it has reached the 1% threshold — while the
TradingKey
Wed, Oct 15
“Chat to Buy” Goes Live: Walmart x OpenAI Brings ChatGPT Shopping Experiences, Sending Stock to Record High
TradingKey - Just two weeks after launching instant checkout and partnering with Etsy and Shopify, OpenAI has landed a major new ally in the race to redefine e-commerce: Walmart. The integration of ChatGPT’s AI capabilities with Walmart’s massive user base and product ecosystem is turning AI-powered
TradingKey
Wed, Oct 15
Asia shares recover, dollar eases as Fed cut bets reclaim spotlight
SINGAPORE, Oct 15 (Reuters) - Asian stocks staged a tentative rebound on Wednesday, helped by dovish comments from Federal Reserve Chair Jerome Powell and upbeat bank earnings on Wall Street, though simmering U.S.-China trade tensions kept a lid on risk appetite.Reuters
Wed, Oct 15
Top South Korea officials to visit US for tariff talks amid hope for progress
SEOUL, Oct 15 (Reuters) - South Korea's industry minister and the chief presidential secretary for policy will travel to the United States on Thursday for follow-up talks on lowering tariffs applied to the Asian country's goods, the government said on Wednesday. South Korea's finance min...Reuters
Wed, Oct 15
Oil drops as investors weigh a supply surplus outlook and US-China trade tensions
Oct 15 (Reuters) - Oil prices fell in early trade on Wednesday, extending losses from the previous session, as investors weighed the International Energy Agency's warning of a supply surplus in 2026 and U.S.-China trade tensions that could hurt demand.
Reuters
Wed, Oct 15
Famous Economist Warns That The Bitcoin Price Recovery Is A Dead Cat Bounce, What This Means
The biggest crypto market crash of the year sent shockwaves through the industry over the weekend, wiping out more than $19 billion in liquidations and pushing Bitcoin as low as $101,000.
Bitcoinist
Wed, Oct 15
America Movil posts threefold profit jump as costs shrink in Q3
MEXICO CITY, Oct 14 (Reuters) - Mexican telecoms giant America Movil AMXB.MX on Tuesday reported a more than threefold jump in third-quarter profit, in line with analysts' expectations, helped by a sharp drop in financing costs and increased mobile revenues.Reuters
Wed, Oct 15
Argentine stocks tumble after Trump conditions Argentina help, bonds fall
NEW YORK, Oct 14 (Reuters) - Argentine stocks turned sharply lower and bonds ended in the red on Tuesday after U.S. President Donald Trump said his support for the South American nation hinges on President Javier Milei's party doing well in midterm elections later this month.Reuters
Wed, Oct 15
Global EV sales hit record 2.1 million in September, research firm says
Oct 15 (Reuters) - Global sales of fully electric and plug-in hybrid vehicles rose 26% in September from a year ago to a record 2.1 million units, driven by strong demand in China and a late U.S. tax-credit rush, market research firm Rho Motion said on Wednesday.Reuters
Wed, Oct 15
Trump administration says 4,108 workers have been fired since shutdown began
Oct 14 (Reuters) - The number of U.S. federal worker layoffs as a result of the government shutdown was revised downward on Tuesday, suggesting the Trump administration's initial statement about sweeping job cuts was too ambitious.Reuters
Wed, Oct 15
US, China roll out tit-for-tat port fees, threatening more turmoil at sea
US, China begin collecting port fees on each other's vesselsChina says Chinese-built ships exempted from its leviesChina sanctions Korean shipbuilder for 'helping US'; launches probeUS aims to loosen Chinese dominance in global maritime, bolster US shipbuildingBy Lisa Baertlein, Liz Lee ...Reuters
Wed, Oct 15
Oil settles down 1.5% on US-China trade tensions, IEA warning of glut
Brent crude futures, WTI both settle lowerIEA raises forecast for global oil supply growth this yearIEA also lowers demand growth forecastBy Arathy Somasekhar HOUSTON, Oct 14 (Reuters) - Oil prices fell on Tuesday, settling 1.5% lower as the International Energy Agency warned of a huge supply glu...Reuters
Tue, Oct 14
