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Asian equities see biggest foreign outflows in nearly six years on tech valuation fears

by lisa@patrickmarketingny.com | Dec 11, 2025 | Business News

  By Gaurav Dogra Dec 11 (Reuters) – Asian equities witnessed their largest monthly foreign outflows in nearly six years in November, driven by a selloff in high-flying technology stocks as concerns over stretched valuations prompted investors to cut exposure....

Inside Stellantis CEO’s ’emergency room’ rush to recapture market share

by lisa@patrickmarketingny.com | Dec 11, 2025 | Business News

  By Giulio Piovaccari, Nora Eckert and Gilles Guillaume MILAN/DETROIT/PARIS, Dec 11 (Reuters) – New Stellantis CEO Antonio Filosa is prioritising vehicle sales growth over profits including resorting to lower-margin fleet sales and investing in affordable models to...

Asian shares are mixed after Fed cuts rates, pushing Wall Street near its record

by lisa@patrickmarketingny.com | Dec 11, 2025 | Business News

  MANILA, Philippines (AP) — Asian shares were mixed on Thursday after the U.S. stock market again approached its record high following the Federal Reserve’s cut in its main interest rate. U.S. futures fell and oil prices were little changed. The Fed’s rate cut was...

Crypto mogul Do Kwon to be sentenced for misleading investors who lost billions in stablecoin crash

by lisa@patrickmarketingny.com | Dec 11, 2025 | Business News

  NEW YORK (AP) — Cryptocurrency mogul Do Kwon is scheduled to be sentenced Thursday for misleading investors who lost billions when his company’s crypto ecosystem collapsed in 2022. Kwon, known by some as “the cryptocurrency king,” pleaded guilty in Manhattan federal...

Mexico’s Congress approves tariff hikes on imports from China and others

by lisa@patrickmarketingny.com | Dec 10, 2025 | Business News

  MEXICO CITY (AP) — Mexico’s Congress approved Wednesday most of the tariff increases proposed by the government on more than 1,400 products imported from China and other countries that do not have free trade agreements with Mexico. The Senate passed the measure...

Dollar slides as Fed dents hawks, markets eye two more rate cuts

by lisa@patrickmarketingny.com | Dec 10, 2025 | Business News

  By Rae Wee SINGAPORE, Dec 11 (Reuters) – The dollar fell on Thursday after the Federal Reserve delivered an outlook that was not as hawkish as some had anticipated, giving investors confidence to short the currency as they bet on two more rate cuts next year. The...
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