Year: 2024

Nissan October production down globally except in Mexico, but Trump tariff threat looms

TOKYO (Reuters) – Nissan (OTC:NSANY) Motor said on Thursday its global production fell for a fifth straight month in October, led by downshifts at most of its manufacturing hubs except for Mexico. While global sales also dropped for a seventh…

Taiwan stocks lower at close of trade; Taiwan Weighted down 1.52%

Investing.com – Taiwan stocks were lower after the close on Thursday, as losses in the , Transport and Computers & Peripherals sectors led shares lower. At the close in Taiwan, the Taiwan Weighted fell 1.52% to hit a new 1-month…

Morning Bid: French budget and German prices grab spotlight

A look at the day ahead in European and global markets from Ankur Banerjee German inflation data and France’s budget conundrum will take centre stage on Thursday as investors fret about the economic and political stability of the regional powerhouses…

Morning Bid: Trump tariff threats reverberate in Asia

A look at the day ahead in European and global markets from Kevin Buckland Threats of fresh tariffs under a second Trump administration continue to unnerve Asian investors, with Japan again – not China – feeling the biggest effect. There’s…

Fed will cut rates by 25bps in December, expect slower easing in 2025- UBS

Investing.com– The Federal Reserve is likely to cut interest rates in December before switching to a slower pace of cuts in 2025, UBS said in note, stating that U.S. economic growth was likely to remain strong.  UBS’ base case is…

Samsung Electronics changes chip chiefs after Chairman Lee confronts ‘crisis’

By Hyunjoo Jin and Heekyong Yang SEOUL (Reuters) -Samsung Electronics sought to inject impetus into its memory and foundry chip units by appointing new leaders on Wednesday, as it scrambles to catch SK Hynix and Taiwan’s TSMC in the booming…