Japan’s Nikkei 225 rose as much 0.3%, while South Korea’s Kospi swung between gains and losses. A broader gauge of Asian shares advanced 0.2%. Contracts for tech-heavy Nasdaq 100 rose 0.4% in early Asian after the underlying index dropped 0.6% in regular trading.
The vote came as Republicans grapple with the fallout from sweeping midterm losses that some in the party have blamed on the war in Iran and the resulting surge in gas prices. But after President Donald Trump signaled strong support for Hegseth, GOP lawmakers largely stood by the secretary Tuesday.
Anthropic PBC is preparing for an initial public offering aiming for a fully diluted valuation of $1.4 trillion. The company plans to raise up to $90.4 billion, including a private placement with major investors. It has reported a revenue run rate of $81 billion, showcasing significant growth in recent months. The IPO is scheduled to price on November 18 and begin trading the next day.
Higher interest rates can help rein in inflation, but they do so by making it more expensive for everyone to borrow money.
On tote bags distributed by Asian-owned businesses in the US state of Georgia, three Asian-American women appeared in a design inspired by the Three Ladies rice brand. The bags were part of a campaign that put a voting twist on the online “Asian baby girl” meme. “We had an ‘Asian Ballot Girls’ campaign,” said Chany Chea, programme director of the Asian-American Advocacy Fund. “We had merch which went viral.” As Democrats won races in Republican strongholds across the southern United States in...
A leading cybersecurity scientist in the Chinese military, Guo Shize, has been removed from the website of the country’s top national research institute. Guo, 57, a researcher at the Information Technology Security Research Centre of the People’s Liberation Army, was elected to the Chinese Academy of Sciences (CAS) in 2023. It is not known when his page was removed from the academy’s website, but Chinese media reports noted the change on Monday. Neither the academy nor Beijing’s defence ministry...
S&P 500, Nasdaq, Dow Jones, Russell 2000 -- all indexes of the US Stock Market were down ahead of Veterans Day 2026.
