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Wall St futures bounce as risk mood steadies, Asia still shaky
SYDNEY, Oct 13 (Reuters) - Asian stocks were set for a rocky start on Monday after fresh broadsides in the U.S. China trade war spooked markets with already stretched valuations, though there were signs risk sentiment had steadied with Wall St futures bouncing.Reuters
Mon, Oct 13
USD/JPY rebounds above 152.00 on political turmoil in Japan
The USD/JPY pair trades in positive territory near 152.05 during the early Asian session on Monday. The pair recovers some lost ground after facing some selling pressure in the previous session as US President Donald Trump threatened to hike tariffs against China.
Fxstreet
Mon, Oct 13
Moeve joins Shell's platform to scale sustainable jet fuel
LONDON, Oct 13 (Reuters) - Spanish energy company Moeve has become the first external supplier of sustainable aviation fuel to join Shell's blockchain-based platform for scaling SAF use, the oil major told Reuters after a deal was signed.Reuters
Mon, Oct 13
Crypto Crash: $19.5 Billion Wiped Out In Record-Breaking Liquidation Event
The crypto market has erased more than $19.5 billion in leveraged positions in the past 24 hours, making it the most chaotic 24-hour period in crypto history. This crash, which saw 1.6 million traders forced out of positionsNewsBTC
Mon, Oct 13
Revived US trade war set to knock China's stocks from lofty peaks
HONG KONG/SHANGHAI, Oct 13 (Reuters) - China stocks .SSEC are set to come under pressure on Monday as the renewed trade war between Washington and Beijing hits risk appetite and spurs profit-taking in a share market hovering near its highest level in a decade.Reuters
Mon, Oct 13
Trump tariff threat pushes oil to five-month low
HOUSTON, Oct 10 (Reuters) - Brent and U.S. crude futures fell more than $2 a barrel, or more than 3%, on Friday as U.S. President Donald Trump's threat to impose increased tariffs on China cast a shadow over the demand outlook in a market seen as oversupplied.
Reuters
Mon, Oct 13
Samsung set for highest Q3 profit in three years as AI demand lifts chip prices
SEOUL, Oct 13 (Reuters) - Samsung Electronics 005930.KS is expected to post its highest third-quarter profit since 2022, driven by higher memory chip prices supported by server demand as customers rebuild inventories, analysts' estimates showed.Reuters
Sun, Oct 12
CDC walks back hundreds of firings as US shutdown persists
By Ahmed AbouleneinWASHINGTON, Oct 11 (Reuters) - In the second week of the U.S. government shutdown, the Centers for Disease Control and Prevention notified some 1,300 employees they would be laid off - then rescinded hundreds of those notices within hours, a person familiar with the matter said.Th...Reuters
Sun, Oct 12
Behind the Revenue Surge: How APLD Transformed from a Crypto Miner to an AI Infrastructure Star
TradingKey - AI data center services provider Applied Digital (APLD.US) reported its first-quarter results for the period ended August 31 on Thursday, delivering core metrics that significantly beat market expectations and sending its stock soaring over 16% at closing — signaling strong momentum.
TradingKey
Sat, Oct 11
"Golden Opportunity" or "Deep Pit"? HSBC's Investment Divide Widens
TradingKey - On October 9, HSBC Holdings announced plans to privatize Hang Seng Bank at a premium of over 30%, sparking widespread market attention on a potential wave of privatizations in Hong Kong. On the announcement day, Hang Seng Bank’s stock surged as much as 41%, hitting an all-time high
TradingKey
Sat, Oct 11
Japan’s Ruling Coalition Crumbles, But the Takaichi Trade Isn’t Off the Table, Analysts Say
TradingKey - The breakup of Japan’s long-standing ruling coalition between the Liberal Democratic Party (LDP) and Komeito, after 26 years, has thrown a wrench into Sanae Takaichi’s path to becoming Japan’s next prime minister. The presumptive first female premier champions fiscal expansion andTradingKey
Sat, Oct 11
After Pfizer, AstraZeneca Strikes Drug Price Pact with Trump — Who’s Next to Capitulate?
TradingKey - U.S. President Trump announced on Friday that British pharmaceutical giant AstraZeneca has reached a major drug pricing agreement with the government, marking the second significant deal following a similar agreement with Pfizer last week.TradingKey
Sat, Oct 11
Next Fed Chair Shortlist of Five Revealed as Wall Street Outsider Gains Unexpected Traction
TradingKey - After weeks of evaluation, U.S. Treasury Secretary Scott Bessent has narrowed down the initial list of 11 candidates for the next Federal Reserve Chair — the successor to Jerome Powell — to a final group of five. While no clear frontrunner has emerged, one candidate stands out...TradingKey
Sat, Oct 11
A Shutdown Like No Other: Mass Layoffs Have Begun as Missed Military Paychecks Loom
TradingKey - With Congress still failing to pass a spending bill, the U.S. government shutdown entered its 10th day on October 10. In a move to pressure Democrats, the Trump administration confirmed on Friday it has officially launched a federal workforce reduction program (RIFs) — marking the firstTradingKey
Sat, Oct 11
