Volvo Cars plans 2,500 job cuts after a quarterly operating loss and a near-50% fall in China revenue, prompting a …
Markets
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MARKETS
Nasdaq Futures Fall 1.8% as Earnings Optimism Meets Higher Oil Prices
by Dean Dougnby Dean DougnNasdaq futures dropped 1.8% as investors weighed Meta and Tesla earnings, substantial AI spending and rising oil prices after Wall …
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Oil Surge Raises Inflation and Margin Risks for Asian Markets
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Singapore’s third-quarter GDP grew 5.4%, beating forecasts, as manufacturing slowed and MAS held its exchange-rate policy steady after two tightenings.
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U.S. stock futures advance as investors await major bank earnings and September inflation data, testing whether profits can offset higher …
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Cryptocurrency
SEC Proposes Crypto Custody Rules to Expand Access for Funds and Advisers
by Dean Dougnby Dean DougnThe SEC proposes conditional crypto self-custody and greater use of state trust companies, potentially expanding access for funds and investment …
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U.S. stock futures edge higher as investors weigh softer PCE inflation, elevated Treasury yields and Friday’s September jobs report.
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President Lee says Alaska LNG participation depends on commercial viability, qualifying Trump’s announcement of a $200 billion U.S. investment program.
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Futures & Commodities
Commodities Diverge as Oil Retreats and Rubber Supply Stays Tight
by Daphne Dougnby Daphne DougnOil’s retreat offers relief for Asian businesses, but rubber supply, regional steel prices and freight costs create an uneven outlook …
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Futures & Commodities
Oil Rises as Trump Rejects Iran’s Hormuz Reopening Proposal
by Dean Dougnby Dean DougnBrent climbed above $106 after Trump rejected Iran’s conditional Hormuz reopening proposal, renewing concerns over prolonged energy supply disruption.