Financial News

Policy stances from the incoming Trump administration, bullish quarterly earnings and an “Elon Musk premium” led to lofty stock returns, experts said.

U.S. prosecutors allege that Gautam Adani, the second most-wealthy Indian man, personally met with Indian government officials to further their “bribery scheme.”

Gautam Adani and others are accused in the New York indictment of paying Indian government officials $250 million to secure solar energy supply contracts.

Japan’s trade deficit expanded to 461.2 billion yen ($2.98 billion), compared to September’s revised figure of 294.1 billion yen.

Chinese Vice Premier He Lifeng and several top financial policymakers have gathered at the third Global Financial Leaders Investment Summit.

All of the “Big Four” companies, except JYP Entertainment, posted falls in profits for the third quarter of 2024.

The highly anticipated boxing match between Jake Paul and Mike Tyson has already secured its place in the record books.

Palantir’s stock has been on a tear since the company’s better-than-expected earnings report last week, which was a day before the U.S. presidential election.

Retail sales grew by 4.8% year-on-year, the National Bureau of Statistics said Friday. That was above the 3.8% forecasted in a Reuters poll, and a pickup from 3.2% growth in September.

Beijing-based Shengshu Technology updated its artificial intelligence-powered text-to-video tool Vidu for generating videos based on separate images.