Hopes for a Santa Claus rally on Wall Street fell Friday as tech stocks slid lower, while a weaker yen lifted Japanese equities.US indices slumped to end the holiday week, with the tech-heavy Nasdaq Composite losing 1.5 percent.Shares in Tesla were closed around 5.0 percent lower, while those in AI chipmaker Nvidia shed around 2.0 …
Tech slump slays Santa rally, weak yen lifts Japan stocks higher Read More »
The ongoing spread of bird flu in the United States has alarmed experts — not just because of human cases causing severe illness, but also due to troubling new instances of infections in cats. A sample of the virus found in a critically ill patient in the United States has shown signs of mutating to better …
New bird flu mutation discovered in US as cat infections cause alarm Read More »
Montenegro said Friday it will extradite to the United States the South Korean cryptocurrency specialist Do Kwon, who is also wanted by Seoul for the multi-billion-dollar bankruptcy of his company, Terraform Labs.His lawyers denounced the decision as illegal and contrary to European conventions on extradition.For months, Seoul and Washington have been seeking the South Korean’s …
Montenegro to extradite crypto entrepreneur Do Kwon to US Read More »
Montenegro will extradite to the United States South Korean cryptocurrency specialist Do Kwon, who is also wanted by Seoul for the multi-billion-dollar bankruptcy of his company, Terraform Labs, the Montenegrin Justice Ministry announced on Friday.For months, Seoul and Washington have been seeking the South Korean’s extradition for his suspected role in a fraud linked to …
Montenegro to extradite crypto entrepreneur Do Kwon to US Read More »
A weaker yen lifted Japanese equities on Friday, while Wall Street’s major indices slid in quiet holiday trading. Seoul was an outlier in Asia with shares plunging as South Korea’s political crisis deepened with a second presidential impeachment vote.US indices slid lower at the start of trading, with the Dow shedding 0.6 percent.”Holiday lethargy is to …
Weak yen lifts Japan stocks higher, Wall Street slides Read More »
Global stocks mostly rose on Friday, as European markets returned from the Christmas break tracking Asia gains after a weaker yen lifted Japanese equities.Seoul was an outlier in Asia with shares plunging as South Korea’s political crisis deepened with a second impeachment vote.In Europe, Frankfurt’s DAX index rose after German President Frank-Walter Steinmeier dissolved parliament …
Global stocks rise as Japan led Asia gains on a weaker yen Read More »
Osamu Suzuki, who grew small-car specialist Suzuki Motor into an international brand with huge successes in India, died Wednesday at age 94 after bouts with cancer, the company said Friday.Under the charismatic businessman’s four-decade leadership through 2021, the firm’s sales grew more than 10-fold.Born on January 30, 1930, in the central Japanese region of Gifu, …
Osamu Suzuki, longtime chair of Japan’s Suzuki, dies aged 94 Read More »
Asian markets mostly rose on Friday, with Japanese shares gaining on a weaker yen, although Seoul shares plunged as South Korea’s political crisis deepened with a second impeachment vote.Japan’s Nikkei index closed up 1.8 percent, with the yen’s recent weakness proving a boon for major exporters. The yen hit 158.08 per US dollar on Thursday …
Asian markets mostly rise but political turmoil holds Seoul back Read More »
From tiny and impoverished Mayotte to oil-rich behemoth Saudi Arabia, prosperous European cities to overcrowded slums in Africa, nowhere was spared the devastating impact of supercharged climate disasters in 2024.This year is the hottest in history, with record-breaking temperatures in the atmosphere and oceans acting like fuel for extreme weather around the world.World Weather Attribution, …
‘Dangerous new era’: climate change spurs disaster in 2024 Read More »
The growing popularity of Chinese sport utility vehicles and pickup trucks has shaken up Mexico’s luxury car market, hitting sales of traditionally dominant brands such as Mercedes-Benz and BMW.According to industry experts, Mexicans are increasingly switching from traditionally dominant sedans to Chinese vehicles due to a combination of comfort, technology and price.It is no small …
Move over Mercedes: Chinese cars grab Mexican market share Read More »
