Financial insights

World shares are mostly higher after solid earnings pushed retailers higher on Wall Street ahead of the Thanksgiving holiday in...

Asia finance

Asian shares gain after an earnings-fueled rally on Wall Street

Asian shares have risen after solid earnings pushed retailers higher on Wall Street ahead of the Thanksgiving holiday in the...

Corporate

South Korea’s LG Chem to invest $3bn in US plant for EV parts

South Korean firm says the facility will produce components to power 2 million electric vehicles by 2027 South Korea’s LG...

Financial insights

UK ‘to face worst downturn of major economies’ in 2023, says OECD

Britain facing recession which much of world will avoid, says report The UK is facing the worst downturn of major...

Corporate

The world’s richest man’s wealth has taken a $100 billion hit in 2022

Elon Musk's wealth has fallen $100.5 billion so far in 2022, per Bloomberg Billionaires Index. Even so, Musk is still...

Corporate

Musk wants ‘Twitter 2.0’ to have video chat, voice calls, and encrypted DMs with the help of Signal’s founder

The Verge obtained a recording of Elon Musk's meeting with Twitter employees Monday. Musk said in the meeting he wants...

Blockchain

The Reserve Bank of India to launch a retail CBDC pilot in December

The digital rupee is intended as a supplement to the current payment system and not its replacement Having tested the...

Financial insights

FTSE 100 expected to open higher, oil price rebounds on Saudi denial of output increase

FTSE 100 is expected to open higher on Tuesday supported by a rebound in oil prices after Saudi Arabia denied...

Financial insights

‘Terrific buying opportunity’ for investors, when S&P 500 will bottom out

Morgan Stanley's Mike Wilson expects the benchmark S&P 500 will bottom out next year. That presents stock investors with a...

Asia finance

Asian stocks mixed after Wall St slide, China virus fears