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Finance & Markets

Bloomberg News Now

Trump Banks on Rallies to Turn Out MAGA Faithful Again Dems Show Strength Ahead of Election Day: NYT/ Siena Polls Haley Stevens Backs GOP’s Mike Rogers in Michigan DOJ Appeals Judge’s Dismissal of AK…

Business

3 Mega Projects Face Three Structural Bottlenecks

At a public forum hosted by the Presidential National Economic Advisory Council on Nov. 2, practical supplementary measures were discussed alongside intense warnings that the government’s 1,600…

  • Three mega projects in South Korea face structural bottlenecks
  • Semiconductor sector vulnerable due to memory fabs expansion
  • Physical AI sector concerns data sovereignty and manufacturing processes

Business

[Company Focus] Hanjin KAL Faces Management Control Uncertainty

As Hoban Group ascends to the position of the largest shareholder of Hanjin KAL, the holding company of Hanjin Group, uncertainty surrounding the direction of management rights in relation to Hanjin…

  • Hanjin KAL's management rights face uncertainty due to Hoban Group's majority stake.
  • Korea Development Bank holds 10.58% stake, complicating its role in management control.
  • Delta Air Lines, supporting current management, sees stake expansion as crucial.

Business

Kia Overtakes Hyundai Motor In October Domestic Sales

Kia overtook Hyundai Motor, including Genesis sales, by a margin of about 2,000 units in October to become the top-selling domestic automaker.

  • Kia Motor overtakes Hyundai Motor in October domestic sales.
  • Kia sales increase by 27.5% year-on-year to 51,007 units.
  • Hyundai sales decline by 8.9% to 49,042 units.

Finance & Markets

3 Stocks That Will Move the Market This Week

Three critical earnings reports will dictate the market's direction in the first week of November.

  • AMD's stock price more than doubled this year, with revenue expected to grow 42% in Q3.
  • Apple's revenue growth expected to be modest at 11%, with earnings per share growth at 7%.
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