There's no official read on how fast the US economy grew last quarter, thanks to the government shutdown. But almost everyone reckons it was a healthy pace -- and that's largely thanks to AI.
South African equities are on track for their longest monthly winning streak since early 2013, buoyed by optimism around the domestic economy, expectations of global monetary easing, and renewed appetite for emerging-market assets.
BYD Co. has spent the last five years racing ahead. In 2024, with the help of government support, aggressive pricing and overseas expansion, the Chinese carmaker surpassed Tesla Inc. to become the world's top seller of electric vehicles.
The Philippines' top defense official called for deeper military ties with the US in a bid to face down mutual threats amid worsening relations with Beijing.
Nvidia Corp. forged a landmark deal to supply its technology to South Korea's biggest companies, part of an aggressive push to expand AI infrastructure around the world.
Kuwait's pension fund is restarting private equity allocations after a hiatus, according to people familiar with the matter, potentially unleashing billions of dollars in fresh capital for an industry grappling with a fundraising slump.
Maruti Suzuki India Ltd. posted a weaker-than-expected profit as rising input costs offset gains from a recent tax cut and demand from an early start to the local festival season. Shares fell.
Kia Corp. said the hit from US tariffs totaled 1.2 trillion won ($842 million) in the third quarter and the duties will likely cost it the same amount again in final three months of the year despite Seoul and Washington reaching a trade deal.
Hungarian Prime Minister Viktor Orban said he saw little scope for accelerated economic growth before Russia's war on Ukraine ends, climbing down from optimistic forecasts before elections next year.
Canada's Prime Minister Mark Carney hailed a "turning point" in his nation's ties with China after a meeting with Chinese Xi Jinping that marked the first formal sitdown in eight years between leaders of the two nations.