Hyundai and Kia Earn 'A' Credit Ratings from Major AgenciesHyundai Motor and Kia recently earned A ratings from U.S. agencies Moody's Standard & Poor's (S&P) and U.K.'s Fitch.
Indonesia's Big Push for U.S. Investment Revealed—Here’s What You Need to KnowIndonesia seeks U.S. investment in its copper industry and other projects to enhance resource value and strengthen mineral cooperation.
From Buffett’s Desk to $1 Trillion: How Berkshire Hathaway Achieved This MilestoneBerkshire Hathaway, led by Warren Buffett, has reached a $1 trillion market cap for the first time, surpassing major tech firms.
First Quantum Minerals Seeks $20 Billion in Compensation from Panama Over Cobre Panamá Mine ShutdownFirst Quantum Minerals seeks $20 billion from Panama for the shutdown of Cobre Panamá, affecting copper stockpile worth up to $340 million.
Warren Buffett Offloads $982 Million in Bank of America Stock as Berkshire Cuts Stake by 13%Warren Buffett sold $982 million of Bank of America shares, reducing Berkshire Hathaway’s stake by 13% since July.
KOSPI Falls Over 1% Despite Strong Nvidia Earnings: 'Expectations Were Too High'Nvidia's Q2 revenue surpassed expectations but fell short of market hopes, leading to declines in major Korean semiconductor stocks.
Nvidia Posts Record Q2 Earnings but Stock Falls as Market Expectations Remain HighNvidia's strong Q2 earnings and upbeat Q3 guidance led to a stock drop, reflecting the market's high expectations.
Typhoon Shanshan to Hit Japan: Hundreds of Thousands Evacuate as Powerful Storm ApproachesTyphoon Shanshan, one of Japan’s strongest ever, is nearing, causing evacuations, cancellations, and significant disruption across Japan.
UBS Ups U.S. Recession Risk as Job Market Slows DownUBS increased the probability of a U.S. recession to 25% amid weak job growth and rising unemployment, citing an uncertain economic outlook.
Big Brands Pulling Out of China: What’s Behind the Massive Exit and Restructuring?As China’s consumer market falters, global firms like IBM and Din Tai Fung are restructuring or exiting, while Walmart expands.
U.S. Government Pumps $50 Million into HP for Cutting-Edge Semiconductor TechThe U.S. government is granting $50 million to HP for semiconductor tech, boosting life sciences and AI equipment production.
90% of CEOs in South Korea Think AI Will Boost Their Strategic Moves—Here’s HowOver 90% of South Korean CEOs believe AI can aid strategic decision-making, enhancing data analysis and efficiency.
NVIDIA’s Big Reveal: Analysts Predict Smaller Shock in Upcoming EarningsAnalysts expect NVIDIA's earnings report to show less surprise, with key focus on profit margins and guidance.
China’s Universities Drop Foreign Language Majors: Is AI to Blame?Chinese universities are halting foreign language major recruitment due to poor job prospects and AI's impact on demand.
Canada Hits China Hard: New Tariffs on EVs, Steel, and Aluminum Set to Impact TradeCanada is imposing new tariffs on Chinese EVs, steel, and aluminum, aligning with U.S. and European actions amid trade tensions.
Gold Hits New Highs: Hedge Funds’ Biggest Bet in Years Points to Possible Fed Rate CutHedge funds now hold their largest net long gold position in four years, betting on a potential U.S. rate cut.
Nvidia Set to Outshine Q2 Earnings Predictions, But What’s Next for Its Stock?Eugene Investment & Securities predicts Nvidia will surpass Q2 earnings expectations but warns of slower stock growth ahead.
Chinese Steel Exports Drive Iron Ore Prices to New LowsChinese steel companies boost low-cost exports due to domestic demand slowdown, pressuring global markets and iron ore prices.
Canada on the Brink: Massive Railway Strike Could Cripple North American Supply ChainsA Canadian railway strike could disrupt North American supply chains, notably in automotive, as Maersk halts rail cargo.
South Korea-Cuba Mineral Deal Threatened by U.S. Helms-Burton LawAs South Korea and Cuba explore mineral cooperation, concerns about the Helms-Burton Act may disrupt business, similar to Panasonic's issues.
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