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Apple (AAPL.US) made a US$100-million investment proposal to Indonesia to build a factory there to produce accessories and parts, Indonesia's industry ministry said on Wednesday.The proposal comes after Indonesia banned the sale of Apple's iPhone 16, mainly because the company failed to meet local regulations on parts. I...
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U.S. President Joe Biden will meet with Chinese President Xi Jinping on Saturday on the sidelines of the Asia-Pacific Economic Cooperation (APEC) forum, highlighting the importance of maintaining open communication between the powers before he leaves office, foreign media reported.The meeting is expected to be Biden's last a...
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Bitcoin's upswing became wilder at one point on Tuesday, setting an all-time high of US$90,036. Coin Metrics showed that Bitcoin last soared 2% to US$89,338.Bitcoin has risen more than 33% since the November 5's election. Some investors forecast the price of Bitcoin to continue hitting new highs later this year, hopefull...
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Japanese automaker Nissan Motor announced its financial results for the 2FQ ending September. Net revenue was JPY2.99 trillion (approximately USD19.397 billion), down 5.1% YoY. Operating profit was JPY31.9 billion (approximately USD207 million), down 84.7% YoY. The company went from profit to loss, recording a loss attributable ...
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US Republican presidential candidate and former president Donald Trump declared himself the winner in the election at his campaign headquarters in Florida, and the Republicans have regained control of the Senate. As the "Trump trade" heated up, coupled with market anticipation that the Fed will cut interest rates by an...
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