US pauses all immigration applications from 19 countries-scmp
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OpenAI CEO declares ‘code red’ to improve ChatGPT as rivals move in-scmp
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UBS predicts 2.4 million China property foreclosures as loan defaults rise-scmp
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MICHAEL BURRY SAYS HE’S EXPECTING A PROLONGED MARKET-WIDE SELLOFF THAT’S WORSE THAN 2000
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China’s services expand at a slower pace, indicating economic slowdown.
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European Commission set to push forward with plan to tap Russia’s frozen assets for Ukraine, sources report.
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Trump says he will nominate Fed chair in ‘early’ 2026-ft
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China’s Human Resources Ministry appoints Zhang Li as Assistant Commerce Minister.
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Bitcoin reaches a near two-week high of $93,015.30, last trading up 1.2% at $92,735.88.
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Malaysia’s Transport Ministry says Ocean Infinity is set to resume seabed search for 55 days.
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China’s central bank governor and IMF first deputy managing director met on December 1, the statement says.
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China’s purchases push soybeans slightly higher; wheat gains on Black Sea concerns.
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Europe helps South African exports offset impact of China trade shortfall and U.S. tariffs.
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INDIAN RUPEE OPENS AT 89.97 AGAINST DOLLAR VS 89.87 PREVIOUS CLOSE
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Japan’s TOPIX erases losses, last unchanged in trading.
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Slower economic growth boosts odds of rate cut in December, says Philippine central bank governor.
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INDIAN RUPEE EXTENDS DECLINE TO 90 PER U.S. DOLLAR
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Fitch: Increased AI spending to benefit South Korea’s memory chip industry.
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NSE INDEX OPENS DOWN 0.1% IN PRE OPEN TRADE
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Piper Sandler boosts Marvell Technology’s stock target from $85 to $135.
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Scotiabank boosts CrowdStrike stock target from $600 to $613.
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