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Tech share selloff rolls on, oil prices climb on Mideast clashes

Tokyo and Taipei stock markets led a fresh selloff of technology shares Friday, as concerns that the sector had been overbought in recent months intensified.

MEXC Adds Five Ondo Tokenized Stocks Spanning Semiconductors to Power Infrastructure

MEXC, a pioneer in 0-fee digital asset trading, has listed five Ondo tokenized stock trading pairs on its spot market in collaboration with Ondo Finance. The five companies span a supply chain that runs from semiconductor and precision component manufacturing to industrial cooling and power infrastructure supporting AI data centers, allowing users to trade these U.S. stocks using USDT on MEXC around the clock, with instant settlement and no traditional brokerage account required.

Last news

Ratan Tata: Indian mogul who built a global powerhouse

Industrialist Ratan Tata, who has died aged 86, was credited with transforming India's Tata Group into a globally renowned conglomerate with a portfolio ranging from software to sports cars.

Indian business titan Ratan Tata dead at 86

Indian industrialist Ratan Tata, who is credited with transforming the Tata Group into a globally renowned conglomerate, has died at age 86, the company said late Wednesday.

Fed minutes highlight divisions over rate cut decision

The US Federal Reserve's rate-setting committee was divided during interest rate deliberations last month, although most members ultimately voted for a half percentage-point cut, according to minutes of the meeting published Wednesday.

Global stocks diverge as Chinese shares tumble

Wall Street shares steadied Wednesday as investors awaited new signals on interest rates but Chinese stocks tumbled on continued disappointment over a lack of fresh stimulus in the world's second biggest economy.

Creator's death no bar to new 'Dragon Ball' products

Fans of the "Dragon Ball" franchise are set to see a host of product launches in the coming weeks, including a new video game and animated series, despite the series creator having died this year.

Chinese stocks tumble on lack of fresh stimulus

Chinese stocks tumbled Wednesday on continued disappointment over a lack of fresh Chinese stimulus measures and scant detail on measures already unveiled.

Braving war: Lebanon's 'badass' airline defies odds

After narrowly escaping Israeli air strikes, Lebanese mother Tanaz Agha shared a picture taken from her plane window as she flew out of Beirut.

US weighs Google breakup in landmark trial

The US Department of Justice said on Tuesday it would demand that Google make profound changes to how it does business and even consider the possibility of a breakup, after the tech juggernaut was found to be running an illegal monopoly.

Chinese stocks tumble on stimulus upset, Asia tracks Wall St higher

Stocks in mainland China and Hong Kong tumbled Wednesday on another volatile day after Beijing disappointed investors over a lack of fresh stimulus and scant detail on its plans for implementing a raft of measures already unveiled.

7-Eleven owner confirms new takeover offer from Couche-Tard

The Japanese owner of 7-Eleven said on Wednesday it had received a "revised" takeover offer from Canadian rival Alimentation Couche-Tard after rejecting an initial bid worth around $40 billion.

Boeing suspends negotiations with striking workers

Boeing on Tuesday suspended negotiations with its striking workers as it accused the International Association of Machinists and Aerospace Workers (IAM) of making unreasonable demands and withdrew its offer.

7-Eleven owner's shares spike on report of new buyout offer

Shares in the Japanese owner of 7-Eleven surged Wednesday following reports that Canada's Alimentation Couche-Tard (ACT) had hiked its takeover offer by almost 20 percent.

Your 'local everything': what 7-Eleven buyout battle means for Japan

In Japan more is at stake than money in the mammoth takeover battle for 7-Eleven, the world's biggest convenience chain, by Canadian retail giant Alimentation Couche-Tard.

The US economy is solid: Why are voters gloomy?

Cooling inflation, low unemployment, robust economic growth and... downbeat voters.

Trump secretly sent Covid tests to Putin: Bob Woodward book

Then-president Donald Trump secretly sent Covid test kits to Vladimir Putin despite a US shortage during the pandemic, and spoke multiple times with the Russian leader after leaving office, says an explosive new book by Bob Woodward.

Boeing delivers 27 MAX jets in September despite strike

Boeing delivered 33 new aircraft to customers in September in spite of a labor strike of Seattle-area workers that has shuttered two major assembly plants, the company said Tuesday.

Stock markets diverge as Hong Kong sinks, oil prices fall

Oil prices fell and global stock markets diverged on Tuesday, with Hong Kong suffering its worst day in 16 years as China held off announcing fresh measures to boost its economy.

US trade gap narrowest in five months as imports slip

An uptick in exports and a fall in imports brought the August US trade deficit to its narrowest in five months, according to government data released Tuesday.

Geoffrey Hinton, soft-spoken godfather of AI

For a brief moment in spring last year, the bird-like features of bespectacled British-born researcher Geoffrey Hinton were poking out from TV screens across the world.

German 'Maddie' suspect could be free in 2025 after cleared of separate sex crimes

A German man named as the top suspect in the 2007 disappearance of British toddler Madeleine McCann was Tuesday cleared of all charges in an unrelated sex crimes trial, meaning he is set for release from prison next year.

China slaps provisional tariffs on EU brandy imports

China said on Tuesday it would impose provisional tariffs on brandy imported from the European Union, marking the latest salvo in an escalating trade row between Beijing and Brussels.

German 'Maddie' suspect could be free soon after cleared of separate sex crimes

The German convicted rapist and main suspect in the 2007 disappearance of British toddler Madeleine McCann was on Tuesday cleared of all charges in an unrelated sex crimes trial.

China says to take anti-dumping measures against EU brandy imports

China said on Tuesday it would impose anti-dumping measures on brandy imported from the European Union, marking the latest salvo in an escalating trade row between Beijing and Brussels.

China stocks rally fizzles on stimulus worries amid Asia retreat

Mainland Chinese markets rallied Tuesday but were well off their morning highs, while Hong Kong suffered its worst day in 16 years on disappointment at a lack of detail on Beijing's raft of economic stimulus announced last month.

China stocks rally peters out on stimulus worries amid Asia retreat

Mainland Chinese markets rallied Tuesday but were well off their morning highs, while Hong Kong tumbled as traders were left disappointed by a lack of detail on Beijing's raft of economic stimulus announced last month.

Taiwan's Foxconn says building world's largest 'superchip' plant

Taiwanese tech giant Foxconn said on Tuesday it is building the world's largest production plant for US hardware leader Nvidia's GB200 "superchips" that power artificial intelligence servers.

China holds off on fresh stimulus but 'confident' will hit growth target

China said on Tuesday it was "fully confident" of hitting its growth target this year but held off announcing more stimulus measures, leaving markets disappointed.

German suspect in 'Maddie' case faces verdict in sex crimes trial

The German convicted rapist and main suspect in the 2007 disappearance of British toddler Madeleine McCann on Tuesday faces a verdict on five other sex crime charges following a trial.

Top economic official 'confident' China will hit 2024 growth target

China's top economic planner said Tuesday that authorities were "fully confident" the country would hit its economic growth targets for the year, after last month announcing a series of stimulus measures that sent stock markets soaring.

Shanghai stocks soar to extend stimulus rally amid Asia-wide drop

Mainland Chinese stocks roared ahead Tuesday as traders returned from a week-long break to resume a blistering rally fuelled by a raft of measures aimed at reigniting the world's number two economy.

Will Tesla's robotaxi reveal live up to hype?

After years of talking up Tesla's prowess on autonomous driving, Elon Musk is set to host Thursday a much-hyped robotaxi event amid a mix of anticipation and skepticism.

Oil prices extend gains on Mideast tensions, Wall Street falls

Oil rose above $80 a barrel Monday on Middle East tensions while equities slid in New York as political and interest rate concerns dented the recent rally.

Berliner Tageblatt - Economy (English)