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Markets and investing
South Korea’s Kospi fell as chipmaker shares plunged amid concerns that a strong Democratic showing in the US midterm elections could bring greater scrutiny of the AI industry.
Markets and investing
Shares in Japan’s largest delivery company rose as much as 15% after activist investor Farallon disclosed a stake of just over 5% and urged changes to its board.
Markets and investing
India’s household borrowing rose 36% in a year, prompting questions about how much consumer spending depends on debt and whether that pace can continue as interest rates increase.
Markets and investing
Gold rose slightly on Wednesday as the US dollar weakened ahead of midterm election results. Investors also awaited Friday’s US jobs report for clues about the Federal Reserve’s next move.