Exclusive-China's Hesai to halve lidar prices next year, sees wide adoption in electric cars
Hesai's next-generation lidar product ATX for advanced driver assistance systems (ADAS) will be sold next year for under $200, half the price of the current AT128 model. The price cut will be made ...
Analysis-Investors cling to crash protection despite sizzling US stock market rally
The Nations TailDex Index, an options-based index that measures the cost of hedging against an outsized move in the SPDR S&P 500 ETF Trust (ASX: SPY ), has risen to 13.64, double its post-election low ...
Analysis-Euro's bruising leaves global investors on edge
LONDON (Reuters) - As the euro heads for its worst month since early 2022, analysts warn that a wild ride in the currency could be the next source of global market volatility after gyrations in ...
Asian FX steady after Trump's tariff pledge; dollar muted before key US data
On Tuesday, Trump renewed his vow to impose sweeping tariffs on Chinese imports, promising a 10% additional tariff on all goods from China and 25% tariffs on products from Mexico and Canada. This vow ...
Supporters of Pakistan's Imran Khan call off protest, local media says
ISLAMABAD (Reuters) - Former Pakistani Prime Minister Imran Khan's party suspended street protests demanding his release from jail after a sweeping midnight raid by security forces in the capital ...
Gold prices edge higher as tariff jitters underpin haven demand
Still, bigger gains in gold were held back by resilience in the U.S. dollar, while easing tensions in the Middle East also sapped some demand for safe havens. Spot gold rose 0.3% to $2,40.16 an ounce, ...
China state media warn Trump against mutually destructive tariff war
BEIJING (Reuters) - China's state media warned U.S. President-elect Donald Trump his pledge to slap additional tariffs on ...
Asia stocks drift lower; Chinese shares defy Trump tariff threats
Chinese shares were higher despite Trump’s trade tariff threats against the country. The Shanghai Shenzhen CSI 300 and ...
Asian stocks weak amid Trump tariff worries; yen firm
TOKYO (Reuters) - Asian stocks were heavy on Wednesday as investors fretted over what countries could be targeted for tariffs ...
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Oil prices steady amid focus on Israel-Hezbollah ceasefire, OPEC+ policy
TOKYO (Reuters) - Oil prices steadied in early trade on Wednesday, with markets assessing the potential impact of a ceasefire ...
Analysts, business leaders react to Trump's threat of North American tariffs
MEXICO CITY (Reuters) - Financial analysts on Tuesday reacted to a threat from U.S. President-elect Donald Trump to impose 25% tariffs on top trade partners Mexico and Canada when he takes office for ...
Peru Congress removes mining minister as small miners snarl roadways
Peru's Congress removed Energy and Mines minister Romulo Mucho from his post on Tuesday as protesters from small-scale miners ...