Sales rose 6.4% year-on-year as visitor arrivals grew and Mid-Autumn Festival spending helped, even as motor vehicle sales fell again.
Turkey’s inflation ran a bit hotter than expected in October, helped by a sharp jump in clothing and footwear prices. Consumer prices rose 2.58% from September and kept annual inflation just under 30% ...
Potts takes over immediately as Allan Leighton shifts from executive to non-executive chair, with Asda working to regain market share lost to Tesco and Sainsbury’s.
The chemicals maker pointed to steady demand in healthcare, aerospace, and water technologies as it also lined up another $250 million of buybacks for the fourth quarter.
China’s STAR 50 index fell 3.8% after a report said Nvidia wants cloud partners to earn at least 51% of revenue outside China.
The biotech lined up up to $750 million from KKR and Blackstone and cut LG Chem’s MC4R royalties to 1% starting in January 2029.
Alibaba said a Taobao Live session sold 100,000 QwenWork memberships in 30 minutes, equal to about 2 trillion tokens.
Intel, Micron, AMD, Lumentum, and Marvell were modestly higher in early trading after sharp declines, while Palantir and Apple slipped.
Traders are watching for a possible Democratic sweep and what it could mean for AI oversight, as tech stocks stay under pressure.
NTT Data is stepping up its push into Indonesia’s data-center market, opening a 12-megawatt annex in Jakarta and scouting nearby land for a two- to three-year expansion.
The supplier aims to trim costs and complexity, taking a 480 million euro one-time charge to target 300 million euros in annual earnings improvement from 2030.