Financial News

A few high-profile Chinese listings outside the mainland are adding to expectations for a pickup in initial public offerings next year.

It is the first time since 2009 that the Liberal Democratic Party has lost its parliamentary majority.

Vice President Kamala Harris has attacked the tariff policy proposed by Donald Trump, calling it effectively a “sales tax” on Americans.

Tesla and SpaceX CEO Elon Musk has engaged in secret talks with Vladimir Putin since late 2022, The Wall Street Journal reports.

Tesla shares soared 22% Thursday, the stock’s best day in 11 years, following its better-than-expected third-quarter earnings.

Revenue for the third quarter grew about 94% year-on-year.

The IPO offered 2.32 billion shares for a price of 1,200 yen apiece, valuing the offering at 348.6 billion yen ($2.3 billion)

China unveiled a set of regulations on export control of goods and technologies that could be used for military purposes. 

The move was expected. China’s central bank governor indicated last week that the loan prime rates would be lowered.

By nearly every barometer, inflation is still well above where most Americans, and in fact some Fed officials, feel comfortable.