Latest Business News
US CPI Surprise Fuels Fed-cut Expectations, Boosting Global Stocks
US consumer price index showed cooler-than-expected inflation, strengthening bets on Federal Reserve rate cuts and lifting global equities; traders repriced Treasury yields lower following the release.
Bangkok–Tokyo Markets: BOJ Decision and Japan Inflation Update
Bank of Japan policymakers kept policy guidance under scrutiny after Japan's inflation held at about 3%, with markets focused on Governor Ueda’s remarks for future tightening or signaling.
Oracle Rises After Announcing TikTok Joint Venture Deal
Oracle's shares climbed after news of a new US joint venture with TikTok, signaling further corporate expansion into social media infrastructure and cloud services.
Nike Slumps as China Demand Weakness Persists
Nike reported softer-than-expected sales in Greater China, sending its stock lower and renewing investor concern about discretionary spending in the region.
Elliott Targets Toyota Industries in Activist Push
Elliott Management intensified efforts to sway Toyota Industries’ board ahead of a potential buyout fight, escalating activist-versus-management tensions in Japan’s corporate landscape.
TikTok to Expand US Operations via New JV, Raising Regulatory Eyes
TikTok signed an agreement to form a US joint venture to expand operations and address data concerns, drawing attention from regulators and industry competitors.
BOE Signals Limited Room for Additional Cuts as It Eases
Bank of England officials signaled constrained scope for further rate cuts even as policy eased, reflecting sticky inflation concerns and mixed growth signals.
EU Energy Policy Moves Amid Winter Supply Worries
European leaders discussed measures to shore up energy supplies and support consumers as winter demand and geopolitical risks keep energy policy on the agenda.
AI Demand Stretches Supply Chains: Japan Cable Firm Fujikura Sees Surge
Fujikura reported rapid demand from AI-related industries, placing strain on production capacity and contributing to a stock surge driven by investor enthusiasm for AI supply plays.
Major Banks and Asset Managers React to Global Market Volatility
Institutional investors and big banks adjusted positions after CPI and central bank signals, with asset managers discussing risk management and tactical allocations amid volatility.