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Japanese equities pared declines as investors shifted focus to where AI regulation might head after Democrats won control of both chambers of Congress in the US midterm elections.
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Democrats swept to control of the US Congress in a midterm landslide, weighing on the shares of Republican megadonor Elon Musk’s Tesla Inc. and Space Exploration Technologies Corp. ahead of Wednesday’s open.
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Chicago corn extended losses, hitting its lowest level in four months as prospects of ample US supply and optimism about peace in the Black Sea region weighed on prices.
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Kenya could boost gross domestic product by more than a fifth within a decade and significantly reduce debt as a percentage of GDP if it tackles corruption, the World Bank said.
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Bloomberg’s Texas bureau chief Julie Fine breaks down James Talarico’s historic win over Ken Paxton in the Texas Senate race. Fine reports that the upset signals broader, unexpected Democratic momentum. (Source: Bloomberg)
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Asian stocks fell to their lowest in over six months after early victories by the Democrats in the US midterm elections fueled concerns about tighter oversight of the artificial intelligence industry.
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Adam Hamilton flipped a US Senate seat in Kansas, capitalizing on anger over President Donald Trump’s tariffs and high fuel prices generated by the Iran war to become the first Democrat since 1932 to be elected to the chamber from the…
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Patrick McHenry, former House Financial Services Committee Chair, says tonight's midterm election results have been a "bloodbath" for Republicans. He says higher inflation has hurt the GOP. (Source: Bloomberg)
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Semight Instruments Co., a Chinese maker of test instruments for semiconductors, has picked banks to help prepare for its Hong Kong listing, according to people familiar with the matter.
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China’s services activity unexpectedly grew at a slower rate for the first time since July, a private survey showed, as business confidence eased and firms lowered their selling prices despite intensifying inflation in input costs.
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China General Technology (Group) Holding Co. is considering acquiring Kellenberger, a Swiss maker of high-precision grinding, milling and turning machines, according to people with knowledge of the matter.
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Democrat Amy Acton is projected to win the election for governor of Ohio, according to Decision Desk HQ on X.
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Dubai’s Emaar Properties PJSC offered to take over its construction arm in a multibillion-dollar deal at a time when valuations for both firms have been weighed down by the monthslong regional war.
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India’s household borrowing surged 36% in a year, raising questions about how much consumer spending is being powered by debt and whether that growth can last as interest rates rise. Ruchi Bhatia explains. (Source: Bloomberg)
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Source: Bloomberg, 0:00
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Florida voters passed sweeping property tax cuts in Tuesday’s election, a move that will gut local government funding.
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South Korea’s Kospi Index slid as shares of chipmakers plunged on concern that a strong showing by Democrats in the US midterms would lead to greater scrutiny of the artificial intelligence industry.
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VNG Group, a Vietnamese tech company backed by Singaporean sovereign wealth fund GIC Pte, is considering reviving a listing in the US, according to people familiar with the matter.
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Democrat David Crowley is projected to win the election for governor of Wisconsin, according to Decision Desk HQ on X.
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Midterm Election Updates Earnings Updates CVS Plans to Break Up Healthcare Conglomerate, Reports Say Disney Plans Thousands of Layoffs, Targeting 20% Cost Savings (Source: Bloomberg)
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Democrat Janelle Stelson is projected to win the election in Pennsylvania’s 10th Congressional District, according to NBC.
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Democrat JoAnna Mendoza is projected to win the election in Arizona’s 6th Congressional District, according to Decision Desk HQ on X.
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Democrat James Talarico is projected to win the Senate race in Texas, according to Decision Desk HQ on X.
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Chinese AI developers expect to receive just a small fraction of the advanced Nvidia Corp. chips they’ve ordered over the next several months, as the US company struggles to boost production to meet soaring demand.
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