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Politics
Russia, Ukraine trade strikes despite renewed push for peace talks
Russia and Ukraine continued trading intense strikes on civilian and energy infrastructure overnight, less than a day after the parties signalled that peace negotiations were moving forward in U.S.-brokered talks.Russia unleashed a major…
SpaceX records $561 million investment gain from stake in Boring Co.
Elon Musk has expanded a number of his companies within Texas, including Tesla, SpaceX, the Boring Co. and Neuralink. Tesla broke ground on a lithium refinery in Texas earlier this year with Governor Greg Abbott in attendance.Christophe…
Volvo Cars shares plunge 28% amid China sales slump and fresh job cuts
Volvo Cars said Friday it plans to slash 2,500 jobs as a severe decline in its Chinese market weighed on earnings in the third quarter.The Swedish automaker reported an operating loss of 5.6 billion Swedish Kronor ($563.7 million) in the…
Fighter jet maker beats expectations as orders triple
Swedish defense giant Saab reported better-than-expected third-quarter earnings and revenue on Friday, as new orders more than tripled from a year earlier, boosted by a deal to supply Gripen fighter jets to Ukraine. New orders came in at…
Japan core inflation in September surges to its highest this year at 2.1%
An employee at the Celsior Wadamachi supermarket in Yokohama, Japan, on Thursday, Jan. 15, 2026. Soaring food costs are a key component driving broader inflation higher, with data Friday expected to show consumer price growth has stayed…
AI spending fears haunt markets before Halloween
Good morning. This is Hui Jie writing to you from Singapore. Markets open and close every day. Today, Daily Open will close for the final time.Thank you for making us part of your morning routine. From interest rates and market swings to…
SK Hynix shares pare losses in choppy trade as chipmaker halts Solidigm IPO
Shares of South Korean chipmaker SK Hynix have pared losses on Friday morning, following the company's decision to halt a review of a potential U.S. initial public offering for its subsidiary Solidigm.The stock bounced back from an…
Trump economic approval hits new low before 2026 midterm election
With less than two weeks to go before the congressional elections, Americans are nearly as gloomy about the economy as they were when the nation was emerging from the pandemic, and President Donald Trump's economic approval rating is…
China’s rich turn to U.S. banks as Beijing scrutinizes offshore wealth
HONG KONG, CHINA - OCTOBER 12: Chinese national flags fly in front of Bank of America Tower, with the bank's name and logo displayed on the building, on October 12, 2026 in Hong Kong, China. Cheng Xin | Getty Images News | Getty…
Trump must sit for deposition in BBC lawsuit by Dec. 11, judge orders
A federal judge in Miami on Thursday ordered that President Donald Trump sit for a deposition in his $10 billion defamation lawsuit against the BBC by Dec. 11, according to multiple news outlets.U.S. Magistrate Judge Enjoliqué Lett, at a…