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Tech slump slays Santa rally, weak yen lifts Japan stocks higher

Hopes for a Santa Claus rally on Wall Street fell Friday as tech stocks slid lower, while a weaker yen lifted Japanese equities.

Montenegro to extradite crypto entrepreneur Do Kwon to US

Montenegro announced on Friday that it would extradite South Korean cryptocurrency entrepreneur Do Kwon to the United States, following a year and a half of dizzying court rulings and subsequent reversals over his removal.

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Dollar soars, bitcoin hits record, stocks gain as Trump win seen

The dollar surged and bitcoin hit a record high Wednesday while most equity markets advanced as traders bet on a victory for Donald Trump as early results for the US presidential election rolled in.

Sarah McBride to be first transgender person in US Congress

Delaware state senator Sarah McBride won a seat in the US House of Representatives on Tuesday, making her the first openly transgender politician elected to Congress.

Florida ballot initiative to extend abortion rights fails: US media

Voters in the US state of Florida cast their ballots Tuesday against a measure that would have overturned the state's ban on abortion after six weeks and allowed the procedure until fetal viability, media reported.

Japan's Tenga wants to make sex toys more mainstream

Hourglass-shaped sex toys casually glide along a conveyor belt through an airy new store in Tokyo, the latest attempt by Japanese manufacturer Tenga to sell adult products without the shame that is often attached.

Asian markets rise with dollar, bitcoin as ealy US results roll in

Most Asian markets rose with the dollar and bitcoin on Wednesday as traders await the outcome of the knife-edge US presidential election, with bets increasing on a Donald Trump victory as early results rolled in.

Spain unveils $11 bn aid plan after catastrophic floods

Spain on Tuesday announced an aid package worth 10.6 billion euros ($11.5 billion) to rebuild regions devastated by its worst floods in a generation that have killed 219 people.

US writes off over $1 billion of Somalia debt

The United States and Somalia reached an agreement on Tuesday for Washington to cancel more than $1 billion debt owed by the troubled Horn of Africa nation.

Stock markets climb, dollar dips as US votes

Major stock markets mostly rose and the dollar remained under pressure Tuesday as Americans cast votes in a knife-edge presidential election.

Boeing union approves contract, ending over 7-week strike

Striking workers at Boeing approved a new contract proposal late Monday, ending a more than seven-week stoppage that had cost the beleaguered aviation giant billions.

Stock markets rise, dollar falls as US votes

Major stock markets mostly rose and the dollar remained under pressure Tuesday as Americans cast votes in a knife-edge presidential election.

US September trade deficit widest in over two years

The US trade deficit expanded in September to its widest since early 2022 as imports increased while companies stocked up ahead of possible disruptions like a dockworkers' strike, according to government data released Tuesday.

'Black day': French workers protest Michelin plans to close two plants

Michelin factory workers burnt tyres in western France on Tuesday and vowed to stage a strike after the tyre company said it would close two plants by early 2026 over collapsing sales.

Saudi Aramco's quarterly profit drops 15% on low oil prices

Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing prices which have stayed low despite production cuts and war in the Middle East.

Spain unveils aid plan a week after catastrophic floods

Spain on Tuesday announced an aid package worth 10.6 billion euros ($11.5 billion) to rebuild regions devastated by its worst floods in a generation that have killed 218 people.

Europe auto struggles lead to cuts at Michelin, Germany's Schaeffler

French tyre company Michelin said Tuesday it would close two French plants by early 2026 and German parts maker Schaeffler announced 4,700 job cuts, the latest signs of struggles in the European auto industry.

Most Asian markets rise as US heads to polls in toss-up vote

Asian markets mostly rose Tuesday, a day before results from the US presidential election rolled in, with opinion polls showing a knife-edge vote, while Chinese equities were boosted by hopes over the country's economy.

Nintendo lowers sales forecast as first-half profits plunge

Nintendo downgraded its annual sales forecast on Tuesday as net profit plunged 60 percent year-on-year in the first half, with fans awaiting the announcement of a new console.

Most Asian markets rise ahead of toss-up US election

Asian markets mostly rose Tuesday a day before results from the US presidential election rolled in, with opinion polls showing a knife-edge vote, while Chinese equities were boosted by hopes over the country's economy.

Saudi Aramco says quarterly profit drops 15% on low oil prices

Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.

Boeing union says approves contract, ending over 7-week strike

Striking workers at Boeing approved a new contract proposal on Monday, ending a more than seven-week stoppage that had cost the beleaguered aviation giant billions.

New Hampshire hamlet tied in first US Election day votes

Voters in the US hamlet of Dixville Notch launched Election Day in the first minutes of Tuesday with a tied vote, mirroring the incredibly close national polls in the White House race.

China's premier 'fully confident' of hitting growth targets

Chinese Premier Li Qiang said Tuesday he was "fully confident" the country would hit its economic goals this year, lauding recent stimulus measures and suggesting there was still room for more.

Asian markets swing ahead of toss-up US election

Asian markets fluctuated Tuesday as traders jockeyed for position a day before results from the US presidential election rolled in, with opinion polls showing the vote on a knife-edge as the two candidates wrapped up their campaigns.

Turkey sacks 3 mayors on 'terror' charges, sparking fury in southeast

Angry protesters hit the streets of several cities in mainly-Kurdish southeastern Turkey on Monday after the authorities sacked three mayors on "terrorism" charges, sparking a rebuke from Europe's leading rights organisation.

Striking workers weigh latest Boeing contract offer

Striking workers at Boeing began voting Monday on the aerospace giant's latest contract proposal to end a bruising walkout that has dragged on for more than seven weeks.

Stock markets hesitant before knife-edge US election

European and US stock markets mostly fell and the dollar slid Monday as investors steel themselves for a coin-toss US presidential election, an interest rate decision and expected Chinese stimulus measures.

'War ruined me': Lebanon's farmers mourn lost season

Lebanese farmer Abu Taleb briefly returned to his orchard last month to salvage an avocado harvest but ran away empty handed as soon as Israeli air raids began.

Stock markets rise before knife-edge US election

Global stock markets rose and the dollar slid Monday as investors steel themselves for a coin-toss US presidential election, an interest rate decision and expected Chinese stimulus measures.

Ryanair profit falls, growth hit by Boeing delays

Irish budget airline Ryanair reported falling net profit for the second quarter on Monday and revised down its passenger growth target following delays in deliveries of Boeing aircraft.

Quincy Jones, entertainment titan and music mastermind

Quincy Jones, who has died at the age of 91, was a jazzman, composer and tastemaker whose studio chops and arranging prowess connected the dots between the 20th century's constellation of stars.

Most markets rise ahead of US vote, China stimulus meeting

Most markets rose Monday as investors steel themselves for a too-close-to-call US presidential election, while Chinese leaders meet to hammer out a stimulus package that experts say could be determined by the vote.

Most Asian markets rise ahead of US vote, China stimulus meeting

Most Asian markets rose Monday as investors steel themselves for a too-close-to-call US presidential election, while Chinese leaders meet to hammer out a stimulus package that experts say could be determined by the vote.

Berliner Boersenzeitung - Economy (English)