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NewsNov 4, 2026 · 19:32 IST

'JD, Habibi': Michigan Senator-Elect Abdul El-Sayed Taunts Vance After Historic Win

Democrat Abdul El-Sayed defeated Republican Mike Rogers in Michigan's U.S. Senate election on 3 November 2026, becoming the first Muslim American elected to the chamber, according to election-night reports. During his victory remarks early on 4 November, he addressed Vice President JD Vance as 'habibi' and pointed to the irony of Vance administering his Senate oath in January. El-Sayed also told President Donald Trump that he could address him as 'senator'. The victory adds a historic representation milestone to the 2026 U.S. midterm results, but no direct financial-market reaction to the speech has been independently established.

NewsNov 4, 2026 · 14:51 IST

Novo Nordisk Raises 2026 Outlook as Wegovy Pill Drives Stronger Q3 Earnings

Novo Nordisk raised its 2026 outlook on 4 November after reporting better-than-expected third-quarter adjusted profit. The company reported adjusted operating profit of DKK 31.72 billion and adjusted quarterly sales of approximately DKK 79.20 billion. Its Wegovy pill generated DKK 5.39 billion in quarterly revenue. Novo now expects full-year adjusted sales and adjusted operating profit growth at constant exchange rates to range from a decline of 2% to growth of 2%, versus a previously weaker outlook. The company also reported impairment charges that weighed on reported operating profit, so adjusted and reported earnings should not be conflated. Reuters reported that shares initially rose after the announcement.

NewsNov 4, 2026 · 14:45 IST

Sweden’s Riksbank Raises Policy Rate to 2% as Energy Inflation Risks Persist

Sweden’s Riksbank raised its policy rate by 25 basis points to 2.00% on 4 November 2026, its first increase in more than three years, according to same-day Wall Street Journal reporting. The move was widely anticipated and follows the central bank’s September decision to hold at 1.75%. Policymakers indicated additional tightening may follow if inflation and economic activity develop as projected. The Riksbank’s published schedule says the new policy rate takes effect on 11 November. War-related energy costs and resilient domestic activity remain important considerations. This is a confirmed decision reported by an established news outlet, but the November decision text on the Riksbank website could not be independently retrieved in this check.

NewsNov 4, 2026 · 14:33 IST

Ireland Flash Inflation Rises to 4.0% in October as Energy Prices Surge

Ireland’s Central Statistics Office estimated on 3 November 2026 that harmonised consumer-price inflation rose to 4.0% year on year in October from 3.8% in September. Prices increased 0.5% month on month. Energy costs rose 18.3% over the year and 4.5% during October, while food prices were just 0.1% higher than a year earlier. Inflation excluding energy and unprocessed food was estimated at 2.5% annually. These are Ireland’s preliminary harmonised inflation figures, not the euro-area October flash estimate, which was scheduled for 4 November.

NewsNov 4, 2026 · 14:18 IST

Hong Kong Private-Sector PMI Returns to Expansion at 50.2 in October

Hong Kong's S&P Global private-sector purchasing managers' index rose to 50.2 in October 2026 from 49.2 in September, returning just above the 50 threshold separating expansion from contraction. Reporting on 4 November said new orders improved after two months of decline, including stronger orders from mainland China, while the pace of job cuts eased. However, business confidence for the year ahead reportedly fell to its lowest level in more than six years and input-price pressure intensified. This is a Hong Kong private-sector survey, not China's mainland manufacturing PMI.

NewsNov 4, 2026 · 14:14 IST

Australia Household Spending Rises 0.6% in September as Fuel Costs Climb

The Australian Bureau of Statistics said on 4 November 2026 that seasonally adjusted household spending rose 0.6% month on month in September, after a 0.1% decline in August. Spending increased 6.8% from a year earlier in current-price terms, while spending volumes rose 0.7% in the September quarter. Transport and health spending each increased 1.5% month on month. The ABS reported that fuel expenditure rose 5.4%, partly reflecting higher global oil prices and the end of fuel-excise relief in August. These are household spending figures, not retail-sales or inflation-rate estimates.

NewsNov 4, 2026 · 14:08 IST

China Services Growth Slows as October Private PMI Falls to 50.8

China's RatingDog services purchasing managers' index fell to 50.8 in October 2026 from 51.6 in September, marking its slowest expansion since July. The result was below the 51.7 forecast shown by Investing.com's economic calendar. Reuters reported that business confidence weakened as companies faced fierce competition and rising costs. A reading above 50 still indicates expansion rather than contraction. This is a private services-sector survey, separate from China's official October manufacturing PMI and its private manufacturing survey.

NewsNov 4, 2026 · 12:44 IST

Shopify Revenue Grows 32% but Q3 Sales and GMV Miss Some Forecasts

Shopify reported third-quarter 2026 revenue of approximately $3.74 billion, up 32% year on year, and gross merchandise volume of about $119.15 billion, up around 29%. Adjusted earnings per share were $0.49 and free cash flow margin was 22%. External consensus comparisons varied by data provider: Yahoo Finance reported revenue and GMV below its polled estimates, while the company itself emphasised strong growth. The Yahoo Finance report cited an 8.7% share-price fall on Tuesday; that is a session-specific observation.

NewsNov 4, 2026 · 12:38 IST

New Zealand Unemployment Rises to 5.7% as Employment Falls in Q3

Stats NZ reported on 4 November 2026 that New Zealand’s seasonally adjusted unemployment rate rose to 5.7% in the September quarter, from 5.6% in June. Seasonally adjusted employment fell 0.1% to approximately 2.891 million people, while the employment rate eased to 66.4% from 66.7%. The unemployment rate was above the 5.5% forecast cited in the stats.govt.nz report. Annual wage-rate inflation was 2.1%.

NewsNov 04, 2026, 12:39 PM GMT+5:30

US Job Openings Hold Near 7.5 Million as Quits Increase in September

The US Bureau of Labor Statistics reported on 3 November 2026 that job openings were little changed at approximately 7.5 million in September. Hires were little changed at 5.4 million and total separations at 5.3 million. Quits increased to about 3.4 million, while layoffs and discharges were broadly unchanged at 1.6 million. The US Bureau of Labor Statistics report quotes a rounded 7.52 million reading against a 7.15 million forecast; this summary uses the official BLS rounded release figures.

NewsNov 4, 2026 · 12:25 IST

AMD Reports Record $13.4 Billion Q3 Revenue as Data Centre Sales Jump 97%

Advanced Micro Devices reported third-quarter 2026 revenue of $13.377 billion on 3 November, up 45% from a year earlier. Its data centre business generated $8.546 billion, a 97% increase, driven by demand for EPYC processors and Instinct GPUs. GAAP net income was $2.428 billion and non-GAAP diluted earnings were $2.09 per share. The figures are from AMD’s published earnings release, not forecasts.

NewsNov 4, 2026 · 12:21 IST

Asian Chip Stocks Slide as Nikkei and Kospi Fall on AI Valuation Concerns

Asian technology and semiconductor shares fell on 4 November 2026 as investors weighed expensive AI valuations and US midterm election developments. The Associated Press reported Japan’s Nikkei down about 3.6%, South Korea’s Kospi down about 3.2%, and Taiwan’s Taiex down about 2.3% in the observed session. Kioxia, SK Hynix and Samsung were among the declining chip-related names. These are time-specific market observations, not final exchange closing prices.