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Gold Tops Two Month High as Traders Weigh Global Outlook, Trump Tariffs

Gold reaches highest level since November as Trump's trade policies and immigration stance fuel haven demand.

CATL's Revenue Drops, Profit Growth Slows in 2024

CATL, the world's largest battery maker, saw revenue drop for the first time in 2022, and profit growth slowed to its slowest pace since 2019.

Trump Floats TikTok Deal With Half Ownership for US

President Trump says he would approve a deal for Elon Musk or Larry Ellison to buy TikTok, with the US getting a 50% stake in return for a "permit." Experts say such a venture may face legal challenges.

Trump Considers Elon Musk or Larry Ellison Buying TikTok, Proposes 50-50 Deal

President Trump favors Elon Musk or Larry Ellison buying TikTok in order to save TikTok's US operations, despite the ban on the app. A 50-50 "joint venture" between the US and TikTok's Chinese parent company, ByteDance, is one proposed solution. However, legal experts question whether such a move would meet the demands of the law, as it would likely not sever ByteDance's operational relationship with TikTok.

SEC crypto task force announces new filings and industry expectations

The SEC's new cryptocurrency task force, the Trump administration's pro-crypto stance, and industry anticipation for executive orders are driving investor enthusiasm in the crypto market. Bitcoin surpassed $106,000, while applications for crypto-related ETFs surge. The industry awaits potential executive orders and the repeal of Biden's crypto-related directive.

Stock Surge as Trump Calms Trade Fears, Stokes Corporate Optimism

US stocks climbed as President Donald Trump struck a better-than-feared tone on global trade and speculation grew that his policies will further boost Corporate America. Bonds continued to unwind the recent surge in yields that roiled markets.

Stocks Rise as Traders Digest Trump's Executive Orders

Stocks rise, dollar falls as investors react to Trump's first policy moves. Tesla, EV stocks fall on end of electric vehicle mandate.

Wall Street Opens Higher as Investors Assess Trump's Executive Orders

US stocks climbed on Tuesday as investors assessed President Trump's first-day orders and the prospect of tariffs on Mexico and Canada. The Dow Jones Industrial Average and S&P 500 moved up, while the Nasdaq Composite rose slightly. Earnings reports from Netflix, Charles Schwab, and 3M Company are expected to provide more insights.

New World Pledges $15 Billion in Properties for Loan Refinance

New World Development offers HK$118b of properties as collateral for loan refinancing

Aussie Casino Star Entertainment Logs Second-Quarter Loss

Australia's Star Entertainment reports Q2 loss amid revamp uncertainty