Asian stocks jump after Powell speech

Asian share markets have rediscovered their appetite for risk after US Fed chair Jerome Powell signalled a slowdown in the bank’s aggressive rate hikes.

Cyber Monday helps rally downcast Wall St

US stocks have opened depressed by anti-lockdown protests in China, but losses are being limited by record-breaking Cyber Monday sales from Amazon.

Behind Foxconn’s China woes: mistrust, miscommunication, COVID curbs

When officials from his Chinese village approached Hou last month, urging him to work at the world’s largest iPhone factory for at least twice the usual pay, he knew it was risky.

Some Republicans criticize Trump for meeting with white supremacist

Some Republicans on Sunday criticized Donald Trump for dining with white supremacist Nick Fuentes at the former president’s Mar-A-Lago resort in
Florida, even as Trump said the encounter was inadvertent.

Feast and famine for Disney at box office

Thanksgiving often serves up a feast of new family movies at the box office, but the Walt Disney Co.’s animated offering “ Strange World ” fizzled with audiences out of the gates. The production, which carried a reported $180 million budget, grossed just $18.6 million in ticket sales in its first five days and $11.9 million over the weekend in North American theaters, according to studio estimates Sunday.

Canada to boost cyber security - focus on ‘disruptive’ China

Canada launched its long-awaited Indo-Pacific strategy on Sunday, outlining C$2.3 billion ($1.7 billion) in spending to boost military and cyber
security in the region and vowed to deal with a “disruptive” China while working with it on climate change and trade issues.

Dow Rises 601 points for week

The S&P 500 edged lower Friday. The Dow Jones Industrial Average rose and the Nasdaq fell. Technology stocks were the biggest drags on the broader market. Markets were closed on Thursday for the Thanksgiving holiday and closed at 1 p.m. Eastern Friday.