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Trade asian news

Reuters - Apple cancels work on electric car a decade after project kicked off - asia.nikkei.com

Apple cancels work on electric car a decade after project kicked off

(Reuters) -- Apple has canceled work on its electric car, a source familiar with the matter told Reuters on Tuesday, a decade after the iPhone maker kicked off the project.

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Ryan Anastasio - Sony to lay off 900 workers from PlayStation division, or 8% of unit's global workforce - cnbc.com - Japan

Sony to lay off 900 workers from PlayStation division, or 8% of unit's global workforce

Sony Interactive Entertainment on Tuesday said it will lay off about 900 employees in its PlayStation unit, or 8% of its global workforce, becoming the latest technology company to announce headcount trims.

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Donald Trump - Nikkei staff writer - RINTARO TOBITA - Trump could impose universal tariff on Day 1: ex-U.S. trade official - asia.nikkei.com - Japan - China - Washington - Eu

Trump could impose universal tariff on Day 1: ex-U.S. trade official

WASHINGTON -- Former U.S. President Donald Trump would be able to implement a sweeping tariff on nearly all imported products upon taking office if he is elected again, former senior trade official Jamieson Greer told Nikkei, countering the argument that the president does not have the power to do so.

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Elliot Smith - The 11 GRANOLAS stocks power Europe to record highs, drawing Magnificent Seven comparisons - cnbc.com

The 11 GRANOLAS stocks power Europe to record highs, drawing Magnificent Seven comparisons

Over the last 12 months, just 11 stocks made up half of the gains that powered the pan-European Stoxx 600 stock index to a record-high close on Friday.

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Ryan Browne - eToro wants to bring its trading app to Apple Vision Pro and Meta Quest headsets - cnbc.com

eToro wants to bring its trading app to Apple Vision Pro and Meta Quest headsets

Online brokerage firm eToro is exploring ways to bring its retail trading app to augmented and virtual reality headsets from Apple and Meta, the company's CEO Yoni Assia told CNBC exclusively.

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Etf - Dylan Butts - Bitcoin surpasses $56,000 benchmark, uplifts crypto market in latest rally - cnbc.com - San Francisco - state Virginia

Bitcoin surpasses $56,000 benchmark, uplifts crypto market in latest rally

Bitcoin, the world's largest cryptocurrency by market cap, extended a rally in Asia trading on Tuesday, reaching a two-year high of over $56,000 and uplifting the broader crypto market amid positive market developments and buying from crypto bulls.

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Joseph Sipalan - Malaysian central bank calls for higher forex inflows to boost ‘undervalued’ ringgit - scmp.com - Japan - China - Usa - Malaysia - Britain

Malaysian central bank calls for higher forex inflows to boost ‘undervalued’ ringgit

Bank Negara Malaysia (BNM) said it had stepped up engagements with government-linked investment corporations and companies, private corporations and investors “to encourage continuous inflows to the foreign exchange market”.

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Jordan Novet - Zoom shares jump as quarterly results beat on top and bottom lines - cnbc.com

Zoom shares jump as quarterly results beat on top and bottom lines

Zoom shares rose as much as 13% in extended trading on Monday after the video chat software vendor announced fiscal fourth-quarter results that topped analysts' expectations.

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