Bond Market Faces Risky Path as Traders Regroup from Wild Week
The bond market is facing significant volatility following Trump’s election victory. Rising inflation concerns and fiscal policies could impact Treasury yields and bondholder sentiment. Bond Market Faces Risky Path as Traders Regroup From Wild Week The bond market selloff triggered by Donald Trump’s presidential victory last week ended almost as quickly as it began. However, […]
Explosive Tesla Stock Surges as Musk-Trump Alliance Sparks Investor Gains
Tesla stock has surged as CEO Elon Musk’s alliance with President-elect Trump fuels investor optimism, with shares up nearly 28% since Trump’s election win, pushing Tesla’s market value past $1 trillion. Tesla stock continued its remarkable rise on Monday, surging over 7% in premarket trading as investors backed the automaker’s prospects under CEO Elon Musk’s […]
South Korea Unveils Bold Chips Act to Counter Trump’s Trade Threats on Semiconductor Industry
South Korea’s ruling party has introduced a chips act to support its semiconductor industry against potential U.S. trade threats under President-elect Donald Trump, focusing on subsidies and longer working hours for chipmakers like Samsung and SK Hynix. SEOUL (Reuters) – In a significant legislative move, the ruling party in South Korea has proposed a special […]
No Clear Winners in Trade and Industrial Wars, China’s Ambassador to U.S. Boldly Asserts
China’s Ambassador to the U.S., Xie Feng, highlights that trade and industrial wars yield no winners, calling for U.S.-China cooperation on trade, climate change, and AI. BEIJING – China’s newly appointed ambassador to the United States, Xie Feng, emphasized that there are “no winners in trade or industrial wars” in a recent address to the […]
Oil Prices Dip as Hurricane Rafael Weakens and Trump Policies Loom
Oil prices fall as Hurricane Rafael weakens, reducing the impact on U.S. oil output. Market speculates on potential Trump administration policies affecting oil prices. SINGAPORE (Reuters) – Friday saw a slight dip in oil markets, with prices edging lower as fears about Hurricane Rafael’s impact on U.S. oil production began to ease. The storm, which […]
Virgin Galactic Shares Plunge Sharply Amid Revenue Decline and $300 Million Share Issuance
Virgin Galactic shares dropped nearly 12% following a lower-than-expected revenue report and a $300 million share issuance announcement aimed at funding a new space tourism vehicle. Learn about the company’s plans and investor concerns. Virgin Galactic Holdings Inc., the prominent space tourism company founded by Richard Branson, witnessed a steep decline in its stock price […]
Asian Shares Surge as US Fed Cuts Interest Rates, Boosting Regional Markets
Asian shares climb after the US Federal Reserve’s interest rate cut, driving Japan’s Nikkei and Hong Kong’s Hang Seng indices higher amid economic optimism. Asian shares rallied on Friday, gaining momentum from the US Federal Reserve’s recent decision to cut interest rates. The move aimed to ease economic pressures, raising investor confidence worldwide. Following the […]
Chips Act Funding Boosts US Manufacturing as TSMC and GlobalFoundries Secure Billions
TSMC and GlobalFoundries finalize agreements under the Chips Act, securing billions in grants and loans for semiconductor factories in the US. The deals will expand production capabilities in Phoenix and New York, marking a critical step in US manufacturing revitalization. Chips Act Funding Boosts US Manufacturing as TSMC and GlobalFoundries Secure Billions The semiconductor industry […]
Yen Slide Risks Heighten for BOJ After Trump Victory
Trump’s U.S. election win triggers dollar rally, raising risks for the BOJ to intervene and manage yen slide back to three-decade lows. Trump’s Victory and Its Impact on BOJ’s Yen Policy TOKYO (Reuters) – The recent U.S. presidential election victory by Republican Donald Trump has led to a dramatic rally in the U.S. dollar, increasing […]
YPF Judgment Dispute: U.S. Strongly Backs Argentina in $16 Billion Battle
The U.S. backs Argentina in avoiding a $16.1 billion YPF judgment dispute, citing sovereign immunity concerns. Learn about the implications. The United States has taken a clear stance in the ongoing YPF judgment dispute with Argentina, backing the financially-strapped country in its efforts to avoid a $16.1 billion payout. This high-stakes dispute involves Argentina’s 51% […]