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Asia stocks join Wall Street rally, gold at record high on trade angst

By Kevin Buckland TOKYO (Reuters) -Stocks rose across most of Asia on Thursday, with the chip sector buoyant following a strong rally among U.S. peers overnight. A robust start to the earnings season on Wall Street also helped lift the mood. Simmering trade frictions between Beijing ...
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Trump hosts glitzy dinner for wealthy donors to new White House ballroom

WASHINGTON (AP) — President Donald Trump on Wednesday welcomed nearly 130 deep-pocketed donors, allies and representatives of major companies for a dinner at the White House to reward them for their pledged contributions to a massive new ballroom. The ballroom, whose price tag is now ...
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Dollar soft as Sino-US trade tension weighs

By Ankur Banerjee SINGAPORE (Reuters) -The U.S. dollar slipped on Thursday as the Sino-U.S. trade war sapped investor sentiment, while growing confidence of the U.S. Federal Reserve cutting its policy interest rate this year also weighed on the greenback.  The euro rose 0.14% to $1.1664 in ...
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Beta Technologies aims for $7.22 billion valuation in US IPO

(Reuters) -Electric aircraft maker Beta Technologies said in a regulatory filing on Wednesday that it was aiming for a U.S. listing valuing the company at about $7.22 billion. Vermont-based Beta plans to offer 25 million shares priced between $27 and $33 each and is seeking ...
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Goldman Sachs Asset Management’s global co-head and CIO of public investing to retire in 2026, memo says

(Reuters) -Goldman Sachs Asset Management’s global co-head and chief investment officer of public investing, Ashish Shah, will retire from the partnership next year, according to a memo seen by Reuters on Wednesday. Shah is set to assume the role of an advisory director, post retirement, at the ...
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US energy department ends grant for American Battery’s lithium hydroxide project

(Reuters) -American Battery Technology said on Wednesday the U.S. Department of Energy has terminated its grant for the setting up of a facility for the manufacturing of battery cathode grade lithium hydroxide. Under the grant, DOE’s Manufacturing Energy Supply Chain office would contribute $57.7 million, ...
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Australia unemployment rate hits 4-year high, rate cut back in play

SYDNEY (Reuters) -Australia’s unemployment rate spiked unexpectedly to a near four-year high in September as more people went looking for work, a weak result that adds to the case for more policy easing. Investors ramped up bets for a rate cut from the Reserve Bank ...
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Oil prices up 1% after Trump says India promised to stop buying Russian oil

By Katya Golubkova TOKYO (Reuters) -Oil prices rose by around 1% in early trade on Thursday after U.S. President Donald Trump said Indian Prime Minister Narendra Modi had pledged his country would stop buying oil from Russia, which supplies about one-third of its imports. Brent ...
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Journalists turn in access badges, exit Pentagon rather than agree to new reporting rules

NEW YORK (AP) — Dozens of reporters turned in access badges and exited the Pentagon on Wednesday rather than agree to government-imposed restrictions on their work, pushing journalists who cover the American military further from the seat of its power. The nation’s leadership called ...
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Federal government to withhold $40M from California for not enforcing trucker English requirements

Transportation Secretary Sean Duffy said Wednesday he will withhold $40 million from California because it is the only state that is failing to enforce English language requirements for truckers. An investigation launched after a deadly Florida crash involving a foreign truck driver who made an ...
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Apple’s newly tapped head of ChatGPT-like AI web search to leave for Meta, Bloomberg News reports

(Reuters) -Apple’s Ke Yang, the newly tapped executive leading an effort to develop a ChatGPT-like AI-driven web search, is stepping down to join Meta, Bloomberg News reported on Wednesday, citing people with knowledge of the matter. Reuters could not immediately verify the report. Apple, Meta ...
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Ontario premier criticizes Trump after Stellantis says it will move production from Canada to the US

TORONTO (AP) — The leader of Canada’s most populous province called for economic retaliation on the U.S. after auto company Stellantis said it was moving planned production of its Jeep Compass from Canada to the U.S. Ontario Premier Doug Ford blamed U.S. President Donald Trump ...
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