Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console
Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo’s gaming business.
Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend
Lower global oil prices, weaker demand and prolonged OPEC+ production cuts led by Saudi Arabia continue to impact crude prices.
The U.S. election is a make-or-break moment for aid to Ukraine
Ukrainian officials are likely watching U.S. polls with more than a touch of nervousness this week, as the vote remains too close to call.
Chinese driver-assist startup announces $100 million in funding, touts ‘deep cooperation’ with Nvidia
Deeproute said it is part of the first batch of companies in China to obtain Nvidia’s newer Thor chip for cars and will release a new system using it next year
China consumer slowdown weighs on U.S. earnings again
From Apple to Starbucks, U.S. consumer brands are reporting yet another quarter of China sales declines.
China’s Hisense aims to become the No. 1 TV company in the U.S. within 2 years, top executive says
Catherine Fang, president of Hisense International, spoke with CNBC in an exclusive interview Monday.
Australia’s central bank keeps rates unchanged at 4.35%
However, the RBA still said that underlying inflation “remains too high.”
North Korea fires multiple ballistic missiles toward the sea ahead of U.S. election
North Korea on Tuesday fired multiple short-range ballistic missiles toward its eastern sea, said South Korea, hours before the U.S. presidential election.
China reviews plan to increase local government debt
A closely watched meeting of China’s parliament on Monday reviewed a proposal to raise the local government debt limit, according to state media.
Asia-Pacific markets trade mixed as investors await U.S. election outcome, Fed rate verdict
Asia-Pacific markets traded mixed on Tuesday as investors prepared for a possible interest rate cut from the Federal Reserve later this week.
