BuzzFeed stock analysis: falling website traffic is a big risk
BuzzFeed (BZFD) stock price has erased some of the gains made earlier this year as concerns about the company continues. It initially surged to a high of $4.5 after Vivek…
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Canada to slash immigration by 20%: what it means for its economy?
After years of welcoming immigrants to tackle labour shortages and boost economic growth, Canada is shifting gears. On October 24, Prime Minister Justin Trudeau’s government announced plans to cut immigration,…
Japan’s Nikkei and yen set to lurch on political uncertainty
By Brigid Riley and Kevin Buckland TOKYO (Reuters) – Japanese stocks and the yen are expected to fall while longer-dated domestic government bond yields are seen rising as exit polls…
Top 5 things to watch in markets in the week ahead
Investing.com — It’s set to be an action-packed week in markets with U.S. jobs and GDP data along with a slew of big tech earnings. With markets in the final…
60% tariff on Chinese goods could slash GDP growth by 2.4%, Citi warns
Investing.com — As per analysts at Citi Research, if a 60% universal tariff were imposed on Chinese goods entering the U.S., the economic impact on China would be severe, potentially…
Taiwan reports Chinese ‘combat patrol’ after Beijing slams US arms deal
By Ben Blanchard and Ryan Woo TAIPEI/BEIJING (Reuters) -Taiwan’s defence ministry said on Sunday that Chinese warplanes and warships had carried out another “combat patrol” near the island, after Beijing…
Washington Post reports Elon Musk briefly worked illegally in US in 1990s
WASHINGTON (Reuters) – The Washington Post reported on Saturday that South African-born billionaire businessman Elon Musk worked illegally in the United States during a brief period in the 1990s while…
China industrial profits plunge in September, extending slump
BEIJING (Reuters) – China’s industrial profits plunged in September, extending their declines with the year’s steepest monthly fall, official data showed on Sunday, as policymakers ramp up stimulus to revitalise…
Japan votes in election expected to punish PM Ishiba’s coalition
By Sakura Murakami TOKYO (Reuters) – Japan’s voters decide the fate of Prime Minister Shigeru Ishiba’s government on Sunday in an election expected to punish his coalition over a funding…
Bank of England to press on with digital currency in case banks fall short, Bailey says
By David Milliken WASHINGTON (Reuters) – The Bank of England is reluctantly pressing on with work to create a form of digital money accessible to the general public, as commercial…