TCL sues Samsung for false advertising over ’Mini LED’ televisions

The stock market has staged an impressive reversal, with the Nasdaq erasing a loss of more than 350 points and turning positive. The index is now up 20 points at 24,952. The Dow Industrial Average has climbed 656 points, or 1.26%, while the S&P 500 is higher by 30 points, or 0.42%. European equities finished…

The investment bank provides a boost to Europe’s energy sector with a massive export credit framework for Enel. Citi is once again using export credit agencies as a financing engine for Europe’s energy transition. The investment bank announced Thursday that it served as sole global coordinator on a €1 billion (about $1.1 billion) export financing…

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note that USD/CNH is currently consolidating in a narrow range around 6.77. In their 1–3 week view, they maintain a downside bias toward 6.7600 as long as strong resistance at 6.7820 remains intact. Over 1–3 months, they see tentative upside potential if key…

In the US, the recent rise in bond yields is largely driven by structural factors like the end of the post-2008 Great Stagnation, higher potential growth from tech-industry investments, and greater private-sector demand for credit. Higher yields are more worrisome for advanced economies that are stagnating and innovating less. NEW YORK—A sharp rise in bond…