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Japan nominates female academic Junko Koeda to the Bank of Japan board, signaling continued support for policy normalization and potentially marking a historic step in diversity.
Published on: January 28, 2025, 07:00 AM UTC
Smithfield Foods, the world's largest pork producer, raised $522 million in its IPO, with shares pricing below the marketed range. The offering adds to momentum in the recovering US IPO market. Smithfield produces packaged meats and fresh pork under well-known brands including Eckrich, Nathan's Famous, and its eponymous line.
Published on: January 28, 2025, 06:01 AM UTC
US stocks tanked on Monday as tech shares plunged over panic selling sparked by DeepSeek, a new Chinese AI app that outperforms ChatGPT. The S&P 500 lost 1.5% and the Nasdaq Composite fell 3%, with Nvidia losing a record-breaking $589 billion in market cap.
Published on: January 28, 2025, 06:00 AM UTC
Microsoft in Talks to Buy TikTok's US Arm, Trump Says
Published on: January 28, 2025, 05:02 AM UTC
Big Tech earnings growth concerns sparked a market sell-off, with Nvidia dropping over 16% after Chinese AI company DeepSeek raised competition worries.
Published on: January 28, 2025, 05:01 AM UTC
Copper prices dip after Trump's tariff threats; dollar, aluminum and iron ore also fall.
Published on: January 28, 2025, 05:01 AM UTC
Asian stocks fall as AI valuation concerns linger, dollar rises on Trump trade talk; MSCI Asia Pacific Index drops; Nikkei down 1%, Topix up; US equity futures little changed; Dollar gains against G-10 peers; DeepSeek AI's rise raises fears; Trump seeks higher tariffs; China, SKorea, Taiwan markets closed for Lunar New Year.
Published on: January 28, 2025, 05:00 AM UTC
Tariffs on U.S. copper and aluminum imports could increase costs for local consumers due to insufficient domestic production and time needed to revive the industry, say analysts and industry sources.
Published on: January 28, 2025, 05:00 AM UTC
DeepSeek's AI Model Sparks Tech Sell-Off, but Experts Emphasize Long-Term Growth Potential Despite Nvidia's Plunge
Published on: January 28, 2025, 04:01 AM UTC
Big Tech earnings drive Monday's market sell-off, with Nvidia, Microsoft, Alphabet, Tesla, and Broadcom all falling due to concerns over competition from DeepSeek's AI
Published on: January 28, 2025, 04:01 AM UTC