Chip stocks smacked as U.S. mulls fresh curbs on AI access to China
(Reuters) – Shares of U.S. chipmakers fell in premarket trading on Wednesday following a report that the Biden administration is…
4 big analyst cuts: Uber no longer a Buy, Alibaba downgraded to Market Perform
Uber no longer a Buy at Daiwa Securities Uber Technologies (NYSE:UBER) shares fell more than 1% pre-market today after Daiwa…
Yen under pressure; Aussie slips as inflation slows
(Reuters) – The yen was under pressure against most other major currencies on Wednesday, even as Japanese authorities said they…
Japan finance officials step up warning against yen weakening
(Reuters) – Japan’s top currency officials on Wednesday ramped up a warning against the yen’s current weakness, saying the authorities…
Exclusive-Vietnam’s Truong Hai considers stake sale in $5 billion automotive arm – sources
(Reuters) – Vietnamese conglomerate Truong Hai Group, founded by tycoon Tran Ba Duong, is considering bringing in an investor into…
Nifty, Sensex hit new life peaks, Nifty cracks past 18,900 mark, metals shine
Indian market indices made a higher opening on Wednesday following a strong rebound on Wall Street in the overnight session…
Google lays off staff at its mapping app Waze
(Reuters) – Alphabet-owned Google (NASDAQ:GOOGL) on Tuesday said it is cutting jobs at mapping app Waze as it merges the…
Small pickups fall short in rear seat safety, study shows
(Reuters) – Small pickups fell short of the standards expected in protecting the passengers on the rear seat of the…
Tesla to hit record quarterly sales in China even as market share shrinks – analysts
(Reuters) – Tesla (NASDAQ:TSLA) is set to hit another record quarter with its China sales while it faces mounting pressure…
Japan stocks higher at close of trade; Nikkei 225 up 2.02%
Japan stocks were higher after the close on Wednesday, as gains in the Chemical, Petroleum & Plastic, Transport and Mining…