Asian Stocks

Asian Stocks Surge on Rising Fed Cut Expectations Despite Trade War Concerns

The Asian Stocks complex jumped on Wednesday as traders bet the U.S. Federal Reserve will begin easing policy, lifting risk appetite across Tokyo, Hong Kong, and Seoul despite fresh U.S.-China trade worries.  Markets moved quickly on comments from Fed officials that pushed back expectations of tighter policy and highlighted the chance of rate cuts this…

Stellantis Investment

Stellantis Investment Plan Shifts Focus Away from EVs in $13B Strategy

Stellantis has unveiled a bold $13 billion investment plan for its U.S. operations over the next four years, a move that signals a sharp recalibration of its Stellantis investment priorities. Instead of doubling down on a full EV push, the company is directing major capital toward internal combustion engines (ICE), hybrid and range-extended powertrains, and…