Tech billionaire Terry Gou denied Beijing could pressure him through his extensive operations in the country, which include much of Apple Inc.’s supply chain — in comments that came as he said he’d run in Taiwan’s next presidential election.
The trade in US large-cap growth stocks looks problematic due to crowded positioning and lofty valuations, according to RBC Capital Markets strategist Lori Calvasina.
Beaten-down US Treasuries are proving irresistible to some investors even after Federal Reserve Chair Jerome Powell said he’s ready to raise interest rates again to choke off inflation.
Shawn Fain, president of the United Auto Workers union since March, has declared “war” on the Detroit Three automakers, with contract demands that even he calls “audacious,” including proposals for a 46% raise, a return to traditional pensions and a 32-hour work week.
Viasat Inc. has more than $1 billion of orbiting satellites in trouble, and space insurers are girding for market-rattling claims.
A large stretch of the Iranian coast along the Persian Gulf has been polluted by an oil leak from an offshore pipeline, according to the country’s state-run Islamic Republic News Agency.
Foxconn Technology Group founder Terry Gou ended months of speculation by joining a crowded race to become Taiwan’s next president — in the process upending an election that will have wide-ranging implications for security in the Western Pacific.
Chinese stocks pared most of their early gains on Monday, showing once again that Beijing’s efforts to boost markets are falling flat in the face of economic worries.
Super typhoon ‘Saola’ is expected to make landfall on the Philippines on Wednesday, having already drenched parts of the north with heavy rains, before heading to southern Taiwan and the coast of China.
Saudi Arabia’s Ades International Holding is set to list in Riyadh, a deal that’s set to be the kingdom’s largest initial public offering this year.
