China’s economic slowdown deepens in October as housing slump worsens and investments shrink more than expected

CHENGDU, CHINA – OCTOBER 18: People walk past the Louis Vuitton store at Taikoo Li, a high-end shopping area that combines traditional Sichuan-style architecture with modern luxury retail, on October 18, 2025, in Chengdu, China. Cheng Xin | Getty Images News | Getty Images China’s slowdown worsened in October, dragged by soft consumer demand and…

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Scotland to launch government ‘kilt’ bonds

Kilts and sporrans of Clan Wallace, part of the Lonach Highlanders, marching on the Road to the Lonach Gathering and Highland Games at Strathdon in Scotland. Gannet77 | Istock | Getty Images The Scottish government announced plans on Thursday to issue its first sovereign bonds in 2026/27, as it looks to raise funds for infrastructure…

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Chinese tech giant Tencent’s quarterly revenue rises 15%, fueled by AI

Tencent on Thursday posted 15% year-on-year revenue growth, with AI boosting the Chinese tech giant’s performance in advertising targeting and gaming. Here’s how Tencent performed in the third quarter of 2025, per earnings released on Thursday:  Revenue: 192.9 billion Chinese yuan ($27.12 billion), surpassing the 189.2 billion Chinese yuan expected analysts, according to data compiled by…

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Boston Fed President Collins advocates holding rates steady, sees ‘high bar’ for further cuts

Susan Collins, president and chief executive officer of the Federal Reserve Bank of Boston, during a Bloomberg Television interview at the Kansas City Federal Reserve’s Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Friday, Aug. 22, 2025. David Paul Morris | Bloomberg | Getty Images Boston Federal Reserve President Susan Collins on Wednesday…

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Nikkei 225, Hang Seng Index

View of the Skytree from Ueno and Asakusa in Tokyo Jackal Pan | Moment | Getty Images Asia-Pacific shares mostly rose Thursday, tracking a mixed session on Wall Street and a vote in the U.S. House of Representatives, which passed a short-term funding bill that will end the longest federal shutdown on record. Japan’s benchmark…

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We’re increasing our Cisco Systems price target after an AI-fueled beat and raise

Cisco Systems shares spiked higher Wednesday evening after the networking company delivered a quarterly beat and outlook raise. Another quarter of double-digit order growth proves Cisco is an underrated winner from the AI infrastructure buildout. Revenue in the company’s fiscal 2026 first quarter, which ended Oct. 25, increased 8% year over year to $14.88 billion,…

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Firefly Aerospace (FLY) Q3 earnings 2025

Jason Kim, chief executive officer of Firefly Aerospace, center, during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty Images Firefly Aerospace‘s stock surged 15% on Wednesday after the space technology company issued better-than-expected third-quarter results and lifted its guidance….

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