Investors weigh mixed corporate results across the region while the Bank of England and Norway hold rates steady.
Markets
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MARKETSWorld Markets
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InvestingReviews
Family Offices Slow Overall Deal Pace but Keep Pouring Billions into AI Mega-Rounds
by Daphne Dougnby Daphne DougnUltra-wealthy investors pull back on volume but double down on artificial intelligence bets, fueling record valuations across the sector.
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Asian Stocks Surge 2%: U.S. Jobs Boom Kills Rate-Cut Hopes
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BUSINESS
Japanese Automakers Shift Manufacturing Hubs From China to India in $19 Billion Push
by Dean Dougnby Dean DougnToyota, Honda, and Suzuki accelerate investment in India amid rising costs, geopolitical risks, and profit squeeze in China’s EV market.
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World Markets
S&P 500 Rebounds as AMD, AI Stocks Stabilize After Valuation Jitters
by Daphne Dougnby Daphne DougnInvestors return to tech and AI trades following Tuesday’s sell-off, while upbeat payroll data and tariff hearings keep Wall Street …
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Traders and bankers to see double-digit payouts amid revived M&A activity and market turbulence, but AI-driven job cuts loom ahead.
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BUSINESSTech
Grab Beats Q3 Revenue and Profit Forecasts, Raises Full-Year Outlook
by Daphne Dougnby Daphne Dougn“Super app” strategy and affordable services fuel user growth across Southeast Asia amid economic uncertainty.
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Governor warns death toll may rise after “catastrophic” accident halts operations at one of the world’s busiest air freight hubs.
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Cryptocurrency
Bitcoin Crashes Below $100,000 as Fed Uncertainty Sparks Crypto Selloff
by Daphne Dougnby Daphne DougnOver $840 billion wiped from global crypto market cap amid renewed caution on rate cuts and fading risk appetite.
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Life
Starbucks Cedes Control of China Unit to Boyu Capital in $4 Billion Deal
by Daphne Dougnby Daphne DougnCoffee giant bets on local partnership to reignite growth as low-cost rivals Luckin and Cotti squeeze market share.