Investing.com– Most Asian stocks retreated on Wednesday with focus turning to key U.S. economic data for more cues on interest rates, while Chinese markets rose despite heightened concerns over U.S. trade tariffs. Regional markets mostly ducked a positive lead-in from Wall Street, where strength in technology stocks saw the S&P 500 and Dow Jones Industrial…
2024 College Football Playoff odds: Where things stand with Alabama, Ole Miss, Indiana entering Week 14 Even with three losses, Alabama is still 40-1 to win the National Championship. Brian Bahr/Getty Images ESPN Nov 26, 2024, 10:15 PM ET Email Print The latest College Football Playoff rankings were released Tuesday night, with big changes following last…
By Kevin Buckland TOKYO (Reuters) – Asian stocks were heavy on Wednesday as investors fretted over what countries could be targeted for tariffs under incoming U.S. President Donald Trump, a day after he pledged new levies on Canada, Mexico and China. The loonie and peso remained weak following sharp drops to multi-year lows on Tuesday,…
TAIPEI (Reuters) – Taiwan’s Foxconn (SS:601138) said on Wednesday it expects any impact of new tariffs from U.S. President-elect Donald Trump to hit it less than its rivals, citing its global manufacturing footprint. Young Liu, chairman of the contract manufacturer and key Apple (NASDAQ:AAPL) supplier, told reporters after a forum in Taipei that it saw…
Investing.com– Citi analysts warned that increased trade tariffs under President-elect Donald Trump had the potential to dent corporate earnings, and that the broader market had still not priced in this risk. Market focus turned squarely to U.S. trade tariffs this week after Trump threatened to impose more duties on imports from China, Canada and Mexico….
HANOI (Reuters) – Vietnam’s Prime Minister Pham Minh Chinh told a business summit on Wednesday that he hoped the United States would recognise Vietnam as a market economy, noting that more than 70 other countries already did. Chinh also said that foreign investment flows into Vietnam this year were expected to total around $25 billion….
SEOUL (Reuters) – Hyundai Motor (OTC:HYMTF) will buy back 1 trillion won ($715.79 million) worth of shares starting on Thursday over three months, the company said in a regulatory filing on Wednesday. ($1 = 1,397.0500 won) Source
Investing.com– Shares of Seven & i Holdings Co., Ltd. (TYO:3382) rose in Tokyo trade on Wednesday following a Japanese media report that investment firm KKR was considering an investment in the 7-Eleven owner’s supermarkets unit. Seven & i rose as much as 2.2% to 2,606.5 yen, before trimming some gains. Japanese public broadcaster NHK reported…
By Yuka Obayashi TOKYO (Reuters) – Oil prices steadied in early trade on Wednesday, with markets assessing the potential impact of a ceasefire deal between Israel and Hezbollah, and ahead of Sunday’s OPEC+ meeting. Brent crude futures fell 2 cents to $72.79 a barrel by 0114 GMT, while U.S. West Texas Intermediate crude futures were…
BEIJING (Reuters) – China’s industrial profits fell again in October but less sharply than in September, official data showed on Wednesday, as demand remained soft in the crisis-hit $19 trillion economy. Businesses are struggling to stay profitable in the face of a years-long property crisis, sustained unemployment and income pressures, and rising trade tensions. Policymakers…
