TikTok Reaches First State Settlement Over Teen Safety Claims, Agrees to User Limits

China to cut tariffs on US farm goods, but list excludes soybeans

• China to lower tariffs on US farm goods like corn, wheat, meat, and dairy.
• Soybeans excluded from tariff-reduction list, disappointing traders.
• Chinese state buyers increase soybean purchases, raising political concerns.

1h ago ·investing.com

HSBC makes big push for affluent clients in India to fuel growth

The lender plans to expand to 46 branches across 34 cities in the country over the next two years, from 34 branches...

• HSBC aims to become one of India's top four or five private banks by 2030.
• The bank plans to expand from 34 to 46 branches across 34 Indian cities.
• HSBC targets affluent clients in smaller cities with cross-border financial needs.

1h ago ·businesstimes.com.sg

Why is Nidec stock plunging today?

• Nidec stock drops 17.6% to ¥2,340, hitting daily downside limit
• Japanese outlet reports ¥1 trillion ($6.3 billion) impairment charge
• Nidec board removes CEO Mitsuya Kishida in emergency session

1h ago ·investing.com

Why is Daiichi Sankyo stock falling today?

• Daiichi Sankyo and Merck withdraw lung cancer treatment application in US.
• FDA rejects mid-stage clinical study data for ifinatamab deruxtecan.
• Second rejection for co-developed therapies by the companies.

1h ago ·investing.com