Global news you need to know before the U.S. stock market opens on Wednesday
New tax policy for housing transactions! For the purchase of the only and second residential properties not exceeding 140 square meters, a deed tax of 1% will be levied.
The Ministry of Finance and other departments: The lower limit of the pre-collection rate for land value-added tax in various regions will be uniformly reduced by 0.5 percentage points.
The overall CPI in the United States accelerated to a year-on-year increase of 2.6%, with core inflation not seeing a decline for the third consecutive month.
Tencent's Q3 revenue increased by 8% year-on-year, marking eight consecutive quarters of growth, with net profit soaring by 47% year-on-year, driven by a strong recovery in gaming business.
European Central Bank Governing Council member Nagel: Trump's tariff plan could lead to a 1% loss in Germany's GDP.
Bank of England Monetary Policy Committee member Mann: UK inflation has not yet been "conquered."
South Korean financial regulators stated they will take action to address market volatility triggered by Trump's transactions.
SoftBank secures its first deal with Blackwell! Partnering with NVIDIA to create Japan's strongest AI supercomputer.
To resist foreign acquisitions, 7-Eleven is making a bold move! Considering a management buyout for $58 billion.
Pumi Holdings announced an equity acquisition agreement with BioNTech, with BioNTech set to acquire 100% of Pumi's issued share capital for an upfront payment of $800 million.
U.S. pre-market trading saw Chinese concept stocks collectively rise, with Beike surging nearly 10% and Fangdd soaring over 30%, while the yen fell below 155 against the dollar.
The Nikkei 225 index closed down 1.7%, the Shanghai Composite Index closed up 0.51%, and the Hang Seng Index closed down 0.12%