
Stock Market

Australia’s Qantas to pay $76 million to former employees
Australia’s Qantas Airways said on Tuesday that it has reached a settlement with the Transport Workers Union (TWU) for compensation of A$120 million ($76.2 million) that it will pay former ground workers who were sacked in 2020.

Japan stocks lower at close of trade; Nikkei 225 down 0.07%
Crude oil for January delivery was down 1.15% or 0.82 to $70.47 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.42% or 0.31 to hit $74.18 a barrel, while the February Gold Futures contract fell 0.20% or 5.36 to trade at $2,670.44 a troy ounce.

Tesla launches ‘Actually Smart Summon’ feature in China
The autonomous driving feature, available in Tesla vehicles with enhanced autopilot and full self-driving, allows vehicles to autonomously drive from parking lots to a nearby location within the driver’s vision.

European stock markets edge higher; ECB decision awaited
Gains were also boosted earlier in the week by China’s announcement of additional economic stimulus measures, although OPEC’s recent gloomy outlook on oil demand tempered enthusiasm.

Stocks settle in for nervous wait on US CPI
Asian stock markets and the dollar took a breather on Wednesday ahead of an anticipated rate cut in Canada and a U.S. inflation reading expected to leave the Fed on course to cut rates again.

Taiwan stocks higher at close of trade; Taiwan Weighted up 0.34%
Crude oil for January delivery was down 0.63% or 0.43 to $67.94 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.58% or 0.42 to hit $71.72 a barrel, while the February Gold Futures contract rose 0.14% or 3.89 to trade at $2,689.69 a troy ounce.

Stocks firm as US upbeat outlook absorbs geopolitical shocks
Global shares held steady on Monday, as investors took geopolitical tumult in their stride, leaving oil and gold modestly higher, while the dollar edged up ahead of U.S. inflation data this week that could cement a December rate cut.

Taiwan stocks higher at close of trade; Taiwan Weighted up 0.05%
Crude oil for January delivery was up 0.13% or 0.09 to $68.39 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.04% or 0.03 to hit $72.12 a barrel, while the February Gold Futures contract rose 0.43% or 11.51 to trade at $2,659.91 a troy ounce.

Indonesia stocks lower at close of trade; IDX Composite Index down 0.38%
Crude oil for January delivery was up 0.34% or 0.23 to $68.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.30% or 0.22 to hit $72.53 a barrel, while the February Gold Futures contract fell 0.24% or 6.51 to trade at $2,669.69 a troy ounce.

South Korea stocks slide as President Yoon’s failed martial law bid stokes turmoil
South Korea’s President Yoon Suk Yeol on Wednesday said he would lift the surprise martial law declaration he had imposed just hours before, backing down in a standoff with parliament which roundly rejected his attempt to ban political activity and censor the media.