Global stocks mostly moved higher Monday as investors waited to see if a so-called Santa Claus rally sweeps over the market.Global stock markets had a tumultuous time last week, spiralling lower after the US Federal Reserve signalled fewer interest rate cuts than had been expected for 2025.But it ended on a positive note as traders welcomed …
Global stock markets mostly edged higher on Monday as traders welcomed below-forecast US inflation data that raised hopes about the health of the world’s biggest economy.A holiday-thinned week got off to a healthy start after last week’s sell-off sparked by the US central bank signalling fewer interest rate cuts than had been expected for 2025. Asian …
Global stock markets edge higher as US inflation eases rate fears Read More »
Japanese auto giant Honda and its struggling rival Nissan agreed Monday to launch talks on a merger seen as a bid to catch up with Chinese rivals and Tesla on electric vehicles.Their collaboration would create the world’s third largest automaker, expanding development of EVs and self-driving tech.But Honda’s CEO insisted that it was not a …
Asian markets rose Monday after big gains on Wall Street, with traders welcoming below-forecast US inflation data that tempered worries that the Federal Reserve will take a more hawkish tone with interest rates next year.A holiday-thinned week got off to a healthy start after last week’s sell-off sparked by the US central bank’s outlook that …
Asian markets track Wall St rally as US inflation eases rate fears Read More »
Honda and Nissan were poised Monday to announce the start of talks on a merger to help the Japanese giants catch up with Chinese rivals and Tesla on electric vehicles.Their collaboration would create the world’s third largest automaker, expanding development of EVs and self-driving tech while coming to the rescue of struggling Nissan.The pair along …
Honda and Nissan were poised Monday to announce the start of talks on a merger to help the Japanese giants catch up with Chinese rivals and Tesla on electric vehicles.Their collaboration would create the world’s third largest automaker, expanding development of EVs and self-driving tech while coming to the rescue of struggling Nissan.The pair have …
Canadian Prime Minister Justin Trudeau’s support within his own party appeared to falter further on Sunday, as former loyalists said growing numbers of Liberal caucus members wanted the premier to resign. Trudeau has suffered a series of blows in recent days, spurred by the surprise resignation of Deputy Prime Minister Chrystia Freeland, who clashed with …
Canada’s Trudeau losing support within his party: MPs Read More »
Social media users in Vietnam on platforms including Facebook and TikTok will need to verify their identities as part of strict new internet regulations that critics say further undermine freedom of expression in the communist country.The law, which comes into force on Christmas Day, will compel tech giants operating in Vietnam to store user data, …
‘Draconian’ Vietnam internet law heightens free speech fears Read More »
Asian markets rose Monday after big gains on Wall Street, with traders welcoming below-forecast US inflation data that tempered worries that the Federal Reserve will take a more hawkish tone with interest rates next year.A holiday-thinned week got off to a healthy start after last week’s sell-off sparked by the US central bank’s outlook that …
Asian markets track Wall St rally as US inflation eases rate worries Read More »
Thousands of selfie-taking Ho Chi Minh City residents crammed into train carriages Sunday as the traffic-clogged business hub celebrated the opening of its first-ever metro line after years of delays.Huge queues spilled out of every station along the $1.7 billion line that runs almost 20 kilometres (12 miles) from the city centre — with women …
‘Finally, we made it!’: Ho Chi Minh City celebrates first metro Read More »
