Indian travelers are set to be the fourth largest global spenders by 2030
Indians could be the fourth-largest global travel spenders by 2030, according to a recent report by Booking.com and McKinsey.
Chinese EV startups Xpeng, Li Auto deliver a record number of cars in October
Chinese electric car companies Xpeng and Li Auto each delivered a record number of cars in October, according to company releases.
Biden calls for a ‘pause’ in the Israel-Hamas war
In response to a question from a protester, the president said a pause would allow more time “to get the prisoners out.”
The majority of the world’s most family-friendly airlines are in one continent
Eight of the top 11 family-friendly airlines are based in Asia, with Japan Airlines taking the top spot, according to a review by The Family Vacation Guide.
Will the S&P 500 rally by year-end? Morgan Stanley’s Slimmon weighs in — and names a Big Tech stock
If the market does rally into the year-end, it will be led by the “Magnificent Seven” stocks, said Andrew Slimmon, who named his preferred play.
Tencent, Alibaba and more: These firms are primed for buybacks and present opportunities, says Jefferies
Announcements of big buyback programs in the region have been rising since 2021, “with a long runway ahead,” the investment banking firm says.
South Korea leads gains among major Asia benchmarks on Fed cheer
Asia markets gained strongly after U.S. Federal Reserve’s leaves interest rates unchanged, inflation data from South Korea, Australia watched.
Dow jumps more than 550 points for best day since June as bond yields recede: Live updates
Stocks gained Thursday as Treasury yields fell, with investors betting the Federal Reserve could be done raising rates for 2023.
UK invests $273 million in AI supercomputer as it seeks to compete with U.S., China
The investment comes as the U.K. hosts its landmark AI safety summit, which is being held in Bletchley Park, the home of the World War II codebreakers.
DoubleLine’s Gundlach says interest rates are going to fall as recession arrives early 2024
“I do think rates are going to fall as we move into a recession in the first part of next year,” Gundlach said on CNBC’s “Closing Bell” on Wednesday.
