Musk’s X ineffective against surge of US election misinformation, report says
(Reuters) – The crowd-sourced fact-checking feature of Elon Musk’s X, Community Notes, is “failing to counter false” claims about the U.S. election, the Center for Countering Digital Hate (CCDH) said in a report on Wednesday. Out of the 283 misleading…
Taiwan stocks lower at close of trade; Taiwan Weighted down 0.46%
Investing.com – Taiwan stocks were lower after the close on Thursday, as losses in the , Glass and Electricity sectors led shares lower. At the close in Taiwan, the Taiwan Weighted declined 0.46%. The best performers of the session on…
Japanese investors sell overseas assets for third week in a row
(Reuters) – Japanese investors sold overseas assets for a third straight week through Oct. 26, cashing in on the yen’s sharp decline amid U.S. election uncertainties and reduced expectations of big Federal Reserve rate cuts. According to the Ministry of…
Clouds gather over ‘Mag 7’ earnings
A look at the day ahead in European and global markets from Kevin Buckland Mega-tech earnings remain in the spotlight on Thursday, particularly after the Bank of Japan’s as-expected decision to hold policy steady failed to give the market any…
Australian banks brace for lower earnings as costs, competition bite
By Roushni Nair (Reuters) – Australia’s biggest banks are expected to report lower annual earnings next week, with investors focused on whether intense competition in lending and the rising costs of deposits will outweigh gains in mortgage revenues. The earnings…
What to look for at Bank of Japan’s policy meeting this week
By Leika Kihara TOKYO (Reuters) -The Bank of Japan concludes a two-day policy meeting on Thursday, days after the ruling coalition’s loss in a weekend election that has heightened political uncertainty and complicates efforts to roll back monetary stimulus. Here…