'Joker: Folie a Deux' snares $40 million in domestic debut, less than half of first film
Audiences got the last laugh at the box office this weekend.
Markets asian news
Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report
September's outsized payrolls boost takes the U.S. economy out of the shadows of recession and gives the Federal Reserve a fairly open glide path to a soft landing.
Foxconn beats estimates with record third-quarter revenue on AI demand
Taiwan's Foxconn, the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the third quarter on strong demand for artificial intelligence servers.
Australia eyes lands of opportunity amid trade diversification despite warming China ties
Australia would continue to push ahead with its trade diversification despite warming ties between Beijing and Canberra, analysts said, with other options in the region gearing up to become competitive, even though no single market could replace China.
Why China’s EV start-ups can now breathe a little easier
But the ready availability of market-based financing was a decisive factor driving China’s EV boom. Since the 2010s, Beijing has embarked on a sustained effort to transition away from internal combustion engine vehicles. Consumers were enticed by incentives that subsidised purchases of electric cars and made it easier to register them.
Why policymakers in China should beware the cult of the equity
Are stock markets in major Asian nations, like those in the West, in danger of becoming masters rather than servants of their economies? The question has come to the fore lately in China and Japan as these markets increasingly dominate policy, with far-reaching potential consequences.
Rivian shares fall after EV maker slashes production forecast, misses Q3 delivery expectations
Shares of Rivian Automotive dropped by as much as 8.9% in intraday trading Friday after the electric vehicle startup delivered fewer vehicles in the third quarter than analysts had expected and lowered its annual production forecast for 2024.
Vista Outdoor strikes deal to sell itself in parts to two buyers for $3.4 billion
Vista Outdoor on Friday agreed to sell itself in parts to two separate buyers for a total of $3.35 billion, including debt, after fending off a hostile suitor that pursued the sporting goods and ammunitions maker for months.