Thai central bank leaves rate at 1.00% for fourth meeting
Growth and export forecasts were raised, while inflation projections and estimates for foreign tourist arrivals were lowered.
Globe And Street: global business and finance news
Companies
Samsung reports record quarterly profit as AI chip demand grows
Third-quarter operating profit reached 107.4 trillion won ($80.04 billion), matching the company's estimate.
Companies
Gen Digital lifts fiscal 2027 sales outlook as quarterly results beat estimates
Shares rose about 7% in extended trading after the cybersecurity company reported $1.37 billion in quarterly revenue.
- WorldEU trade committee chair urges broader agreement with China
- MarketsDollar holds near two-week high as Fed decision and UK budget loom
- Economy & PolicyThai central bank leaves rate at 1.00% for fourth meeting
- CompaniesSamsung reports record quarterly profit as AI chip demand grows
- IPO & DealsUpwind raises $400 million after rejecting Datadog takeover offer
- Energy & CommoditiesUS crude falls to $101.86 as traders assess Middle East supply risks
- Crypto & Digital AssetsCoinbase expands stablecoin lineup with Ripple's RLUSD
- FinanceBank of America warns customers not to give AI agents their logins
- TechAnthropic launches reporting tools to track enterprise AI spending
EU trade committee chair urges broader agreement with China
Bernd Lange wants investment included in wider negotiations as European lawmakers prepare to visit China on October 27 to 29.
Dollar holds near two-week high as Fed decision and UK budget loom
Traders expected the Fed to leave rates unchanged, while sterling fell ahead of the British government's spending and revenue plans.
Japan's underlying inflation measure accelerates to 3.2%
The September increase was the largest since October 2023, ahead of a BOJ meeting expected to leave interest rates at 1.25%.
T-Mobile lifts cash flow forecast floor as customer growth beats estimates
Quarterly revenue reached $23.58 billion, while more than 60% of postpaid lines in new accounts chose top-tier plans, the company's CFO said.
Upwind raises $400 million after rejecting Datadog takeover offer
Bessemer Ventures led the Series C financing at a $3.8 billion valuation, with existing investors Greylock Partners and Craft Ventures participating.
Constellation gets $5 billion loan commitment for nuclear upgrades
The financing remains subject to finalization, with Google, Amazon and Meta already buying much of the additional electricity from the planned upgrades.
Coinbase expands stablecoin lineup with Ripple's RLUSD
RLUSD has a market capitalization exceeding $2.5 billion and will be offered to both retail and institutional customers.
Bank of America warns customers not to give AI agents their logins
The bank says customers remain responsible for account activity resulting from access they grant to outside tools.
Anthropic launches reporting tools to track enterprise AI spending
The company is also creating shared team budgets as businesses seek a clearer view of AI coding costs and results.