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Hyundai Signals Looming Relief After $1.3 Billion US Tariff Hit

Hyundai Motor Co. said US tariffs cost it about 1.8 trillion won ($1.3 billion) in the third quarter, though this week’s trade agreement between Seoul and Washington that lowers import tariffs may offer the automaker some reprieve.

By Hyonhee Shin

Stocks Hold Steady as Trump-Xi Talks Deliver Truce: Markets Wrap

US stock futures held steady after Donald Trump and Xi Jinping ended their trade meeting with a range of expected concessions, keeping markets near record highs.

Stellantis Warning on Charges Clouds Picture After Sales Gain

Stellantis NV said that it expects one-time charges in the second half of the year as political, economic and regulatory pressures force the automaker into making strategic changes.

Vanke Is Said to Ready Funds for $352 Million Bond Redemption

Distressed developer China Vanke Co. has secured sufficient funds to redeem a 2.5 billion yuan ($352 million) bond ahead of its maturity, according to investors briefed by the company this week.

UK Lender Shawbrook, Backers Raise £348 Million in London IPO

Specialist lender Shawbrook Group Plc and its backers will raise £348 million ($459 million) in its London IPO on Thursday, making it the largest such deal in four years.

Copper Slides From Record as Trump and Xi Conclude Meeting

Copper retreated from the previous session’s record high after US President Donald Trump and his Chinese counterpart Xi Jinping concluded pivotal trade talks.

China Says It Will Work With the US on Resolving TikTok Issue

Beijing pledged to work with Washington to resolve the fate of TikTok’s US business, stopping short of saying it’s agreed to a deal touted by President Donald Trump to spin off ByteDance Ltd.’s crown jewel.

Carlsberg Sees Less Beer Sales on Weaker Consumer Demand

Carlsberg A/S beer volumes fell more than expected in the third quarter as consumer sentiment in a number of key markets remains subdued.

Gold Pushes Higher as Market Digests Outcome of Xi-Trump Meeting

Gold advanced following a run of losses, as the market digested traders the outcome of a meeting between US President Donald Trump and Chinese leader Xi Jinping.