Taiwan stocks higher at close of trade; Taiwan Weighted up 0.62%
Investing.com – Taiwan stocks were higher after the close on Monday, as gains in the Semiconductor, Biotech & Medical Care and Electronics sectors led shares higher. At the close in Taiwan, the Taiwan Weighted rose 0.62% to hit a new…
Asian stocks slide as China stimulus disappoints; bitcoin extends record rally
By Kevin Buckland TOKYO (Reuters) -Hong Kong stocks led declines in Asia on Monday (NASDAQ:MNDY) after Beijing’s latest stimulus fell short of investor expectations, overshadowing Wall Street’s record highs from Friday and futures pointing to further strength at the reopen….
Continental cuts sales guidance, posts Q3 profit beat
(Reuters) -German automotive and industrial supplier Continental on Monday (NASDAQ:MNDY) cut its sales guidance for the second time this year, blaming weak demand from industry in Europe and North America, even as it posted third-quarter core profit above expectations. Continental…
Morning Bid: Markets feel familiar frustration with Beijing
A look at the day ahead in European and global markets from Wayne Cole. It’s been a muted session in Asia with investors still nursing a grudge over China’s latest policy package, which was heavy on debt swapping but again…
Exclusive-US ordered TSMC to halt shipments to China of chips used in AI applications, source says
By Karen Freifeld and Fanny Potkin NEW YORK/SINGAPORE (Reuters) – The U.S. ordered Taiwan Semiconductor Manufacturing Co to halt shipments of advanced chips to Chinese customers that are often used in artificial intelligence applications starting Monday (NASDAQ:MNDY), according to a…
UMG says Pershing does not have right to require Amsterdam delisting
(Reuters) -Universal Music Group (UMG (AS:UMG)) said on Saturday that billionaire Bill Ackman’s Pershing Square has no right to require the record label to become a U.S.-domiciled company or delist from Euronext (EPA:ENX) Amsterdam. Ackman had said in a post…