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Japan's economy contracts for first time in six quarters on tariff hit
Q3 GDP shrinks annualised 1.8% vs forecast 2.5%Consumption slows down to 0.1%; capex upGrowth momentum among factors BOJ considers for rate decisionAnalysts expect positive growth for Oct-DecBy Makiko Yamazaki and Satoshi Sugiyama TOKYO, Nov 17 (Reuters) - Japan's economy shrank almost 2% in ...Reuters
Mon, Nov 17
Hyundai Motor announces $86 bln investment in South Korea after US trade deal
SEOUL, Nov 16 (Reuters) - Hyundai Motor Group will invest 125.2 trillion won ($86.47 billion) in South Korea from 2026 to 2030, the automaker said on Sunday after Seoul finalised a trade deal reducing U.S. tariffs on South Korean autos to 15% from 25%. That compares with investments by Hyundai Motor...Reuters
Mon, Nov 17
Peter Thiel Dumps Entire Nvidia Stake, Slashes Tesla Holdings Amid Bubble Fears
Billionaire Peter Thiel has exited his entire stake in artificial intelligence major Nvidia, filings showed over the weekend, amid growing concerns over an AI-fueled bubble in technology valuations.Thiel sold some 537,742 shares in NVIDIA through the July-September period, with a Form 13F filing f
Tiger News
Mon, Nov 17
US hedge funds trim stakes in 'Magnificent Seven' stocks in third quarter
NEW YORK, Nov 14 (Reuters) - Wall Street's largest hedge funds reduced exposure to "Magnificent Seven" stocks including Nvidia NVDA.O, Amazon AMZN.O, Alphabet GOOGL.O and Meta META.O in the third quarter, while taking new positions in application software, e-commerce and payments companies, accordinReuters
Mon, Nov 17
Disney and YouTube TV reach deal ending weeks of disruption
Nov 14 (Reuters) - Google's YouTube and Walt Disney said on Friday they had reached an agreement to restore Disney-owned networks to YouTube TV, after a fee dispute left millions of subscribers without access to U.S. Election Day programming and major live sports events.
Reuters
Mon, Nov 17
US trade tribunal to consider new Apple Watch import ban
Nov 14 (Reuters) - The U.S. International Trade Commission decided on Friday to hold a new proceeding to determine whether imports of Apple's AAPL.O updated Apple Watches should be banned as part of a patent dispute with medical monitoring technology company Masimo MASI.O. T...
Reuters
Mon, Nov 17
Tesla requires suppliers to avoid China-made parts for US cars, WSJ reports
Nov 15 (Reuters) - Tesla TSLA.O is now requiring its suppliers to exclude China-made components in the manufacturing of its cars in the United States, the Wall Street Journal reported on Friday. The Elon Musk-led automaker and its suppliers have already replaced some China-made components and aiReuters
Mon, Nov 17
Japan's finance minister says stimulus package to exceed $110 billion, Nikkei reports
TOKYO, Nov 16 (Reuters) - Japan's economic stimulus package will exceed 17 trillion yen ($110 billion), Finance Minister Satsuki Katayama said after meeting with Prime Minister Sanae Takaichi, the Nikkei business daily reported on Sunday.Since taking office in October, Takaichi has pledged to co...Reuters
Mon, Nov 17
Russia's Novorossiysk port resumes oil loadings, sources say and LSEG data shows
MOSCOW, Nov 16 (Reuters) - Russia's Novorossiysk port resumed oil loadings on Sunday after a two-day suspension triggered by a Ukrainian missile and drone attack, two industry sources said and LSEG data showed.Novorossiysk temporarily suspended oil exports - equivalent to 2.2 million barrels per...
Reuters
Mon, Nov 17
ASML CEO says Dutch-China tension has not hit chip-gear maker
AMSTERDAM, Nov 16 (Reuters) - ASML's ASML.AS CEO said the Dutch chip-gear maker has not been affected by tensions between The Netherlands and China over the Dutch government's takeover of chipmaker Nexperia 600745.SS."It will not affect our business in the short term", ASML CEO Chris...
Reuters
Mon, Nov 17
Airbus to win bulk of major flydubai jet order, sources say
DUBAI, Nov 16 (Reuters) - Airbus AIR.PA looks set to beat Boeing BA.N to the lion's share of a major jet order from flydubai at the Dubai Airshow, breaking its rival's grip on the fast-growing budget carrier for the first time, people familiar with the matter said on Sunday.The European plan...
Reuters
Mon, Nov 17
Soybeans, wheat, corn eye weekly gains ahead of US crop report
Chicago soybeans rose on Friday, and were on track for a weekly gain, as traders positioned ahead of a closely watched U.S. government crop report and awaited the resumption of export data releases that could provide clues into Chinese buying.Reuters
Fri, Nov 14
Dollar headed for weekly loss on worries of what clearing US data fog might show
Dollar falls as investors fret about weakening U.S. economyMarkets split on Fed cut in DecemberSterling slips after FT report Starmer and Reeves ditching plans to raise income tax ratesBy Rae Wee SINGAPORE, Nov 14 (Reuters) - The dollar was on shaky ground on Friday and headed for a weekly fall, ...Reuters
Fri, Nov 14
Gold rises, poised for weekly gain on softer dollar
Gold prices rose on Friday and were on track for a weekly rise, supported by a weaker dollar as investors waited for more U.S. economic data to gauge the likelihood of a December rate cut after hawkish comments from Federal Reserve officials.Reuters
Fri, Nov 14
Crypto Daily | Bitcoin Plunges to 6-Month Low Under $100K; Coinbase, Robinhood, and Bitcoin Mining Stocks Take Big Hits
Bitcoin's price dropped below $100,000 for the third time this month as investors sold off risk assets like cryptocurrencies and tech stocks, with broader worries about the economy weighing on markets.Tiger News
Fri, Nov 14
