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…
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…
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…
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…
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…
Column-The peculiar ‘no show’ from US cash funds: Mike Dolan
By Mike Dolan LONDON (Reuters) – A flood of money was expected to cascade from U.S. cash funds to riskier assets as interest rates began to tumble. But so far, this flood has been missing in action, raising the question…