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BOJ’s Kazuo Ueda Signals Rate Hikes, Japanese Bond Yields Rise To 14-Year High—What The Recent Past Tells Us About Impact On US Markets
Bank of Japan Governor Kazuo Ueda indicated Wednesday that the central bank is prepared to raise interest rates if economic and price conditions continue to improve, as Japan’s 10-year government bond yields touched their highest level since 2011 amid mounting speculation of policy tightening. read more
Elon Musk’s Tesla Leads The Pack In Top-Selling EVs In US In 2024: Ford, GM Follow
Over 1.3 million EVs were sold in the U.S. in 2024, marking a growth of 7.3% year-on-year, and accounting for 8.1% of total auto sales. read more
Nippon Steel Eyes Trump Administration To Revive $15B US Steel Deal Blocked By Biden: ‘We’ll Do Whatever It Takes’
Enforcement of Biden’s order, which mandated the unwinding of the deal within 30 days, has been postponed until June due to the legal challenge. read more
MrBeast Discussing Buying TikTok With Billionaires To Prevent US Shutdown: ‘Let’s See If We Can Pull This Off’
MrBeast revealed he is in talks with billionaires about potentially acquiring TikTok to prevent its U.S. shutdown, sparking interest amid ongoing concerns over data security and regulatory pressure on ByteDance. read more
Italy’s Largest Bank Leaps Into Bitcoin Trading With $1 Million ‘Test’ Investment But CEO Says He Doesn’t Invest In BTC Personally
Italy’s largest bank, Intesa Sanpaolo, dipped its toes in the cryptocurrency market, conducting its first Bitcoin (CRYPTO: BTC) purchase worth $1 million, according to a report on Tuesday. read more
After Nvidia, Semiconductor Trade Groups Oppose Biden’s Chip Export Measures: Rules Threaten To ‘Derail Innovation And Economic Growth Worldwide’
U.S. semiconductor trade groups have mounted strong opposition to the President Joe Biden administration’s new chip export restrictions, warning of potential market share losses to global competitors in a private letter to Biden. read more
Rivian Joins Ford, Tesla In Supporting Relief Efforts Amid California Wildfires
Rivian Automotive deployed vehicles to support relief activities in Los Angeles battling wildfires. Tesla and Ford also contributed. read more
Jamie Dimon Oversees Major Leadership Shake-Up At JPMorgan Chase As President Daniel Pinto Prepares To Step Down
JPMorgan Chase & Co. announced a significant leadership reorganization on Tuesday marking one of the most substantial executive reshuffles under CEO Jamie Dimon’s tenure, as President and COO Daniel Pinto prepares to step down after four decades with the firm. read more
Dogecoin To Hit New All-Time High After Trump Is Sworn In? Influencer Says Pattern ‘Nearly Identical’ To Last Inauguration
A widely followed X personality on Monday drew attention to a potential surge in Dogecoin’s (CRYPTO: DOGE) price following the upcoming presidential inauguration. read more
South Korea’s Hyundai, Kia Collectively Sold More EVs In US Than Ford In 2024
Hyundai and Kia surpassed Ford in EV sales in the U.S. Tesla was the top-selling brand, while GM’s brands sold less. read more