Apple-supplier Luxshare shares pop 10% on report of OpenAI hardware deal
Luxshare saw its shares jump about 10% following a report that the Chinese device assembler had signed a deal with OpenAI to produce a consumer AI device.
Hedge fund bears are scaling back Kering short positions as new CEO plots resurgence
Short sellers retreat as luxury group rallies amid group shake-up
China leaves benchmark lending rates unchanged as expected, despite Fed rate cut
The People’s Bank of China kept the one-year loan prime rate unchanged at 3.0% while the five-year LPR at 3.5%, respectively, according to a statement Monday.
Asia-Pacific markets rise ahead of China’s loan prime rate decision
China is expected to leave the loan prime rates unchanged, according to a Reuters poll.
South Korea’s President Lee says U.S. investment demands would spark a financial crisis
South Korea’s economy could fall into crises rivaling its 1997 meltdown if the government accepts current U.S. demands, President Lee Jae Myung told Reuters.
Stock futures are little changed after Dow, S&P 500 hit fresh records: Live updates
Wall Street is coming off a strong week for the major averages after the Federal Reserve cut interest rates.
Trump administration reportedly plans to link autism to Tylenol use during pregnancy
Federal health officials also are expected to highlight leucovorin as a potential autism treatment, according to The Washington Post.
Schumer presses Trump to negotiate with Democrats as government shutdown deadline nears
The Senate last week rejected proposals to keep the government funded at least temporarily, raising the possibility of a lapse.
Trump says Murdochs are potential TikTok deal partners
President Donald Trump also said that Larry Ellison and Michael Dell are also likely to be involved in the TikTok deal.
UK, Canada and Australia formally recognize a Palestinian state, breaking with the U.S.
The announcements marked a significant shift in foreign policy, with several other European nations and U.S. allies set to follow suit in the coming days.