
Asia’s Factory Activity Slows Amid Global Uncertainty, Focus Shifts to China’s Economic Stimulus
Oct 02, 2024 07:07 am UTC| Economy
Asias factory activity weakened in September as Chinese demand faltered and global economic uncertainty persisted. Private surveys reveal that manufacturing across the region faces headwinds, prompting policymakers to rely...

U.S. Dockworkers Strike Halts Shipping Across East and Gulf Coasts
Oct 02, 2024 05:37 am UTC| Economy
Dockworkers along the U.S. East Coast and Gulf Coast initiated their first large-scale strike in nearly five decades on Tuesday, halting operations across 36 ports and disrupting approximately half of the nations ocean...

Dollar Gains Amid Middle East Tensions and Strong U.S. Economic Data
Oct 02, 2024 05:32 am UTC| Economy
The U.S. dollar held onto its sharpest gain in a week on Wednesday, driven by safe-haven buying after an Iranian missile attack on Israel, heightening concerns of a wider conflict in the Middle East. Euro, Yen, and...

Asia Stocks Tumble Amid Iran-Israel Tensions; Oil Prices Surge
Oct 02, 2024 05:28 am UTC| Economy
Asias stock markets dropped sharply Wednesday, following Wall Streets sell-off, as Irans ballistic missile strike on Israel stoked fears of a broader regional conflict. Crude oil prices surged amid concerns of supply...

Barclays Warns of Potential Big Tech Earnings Slowdown Amid High Capex
Oct 02, 2024 05:17 am UTC| Economy
The increasing capital expenditures (capex) among Big Tech firms could indicate a potential slowdown in earnings growth, Barclays strategists warned in a Tuesday note. The sector is experiencing its highest capex-to-sales...

Trump, Harris Locked in Tight Race in North Carolina, Poll Shows
Oct 02, 2024 05:12 am UTC| Economy
Former President Donald Trump and Vice President Kamala Harris are neck-and-neck in North Carolina, with a mere two-point gap between them, according to a new poll from The Washington Post. The survey indicates that...

Israel Vows Retaliation After Iranian Missile Strike
Oct 02, 2024 05:03 am UTC| Economy
Israeli Prime Minister Benjamin Netanyahu vowed on Tuesday that Iran would pay for its missile attacks against Israel, prompting warnings from Tehran of vast destruction if retaliated against. This escalation has...