Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Trump and Lula Discuss Trade, Sanctions, and Security in “Productive” Phone Call 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Oil Prices Slip as Russia-Ukraine Peace Hopes Fade and Oversupply Fears Grow 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
South Korea Posts Stronger-Than-Expected 1.3% Economic Growth in Q3 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Tesla's FSD Approval Pending in China
Tesla Inc. (NASDAQ: TSLA) is still awaiting authorization from the Chinese government to launch its Full Self-Driving (FSD) technology. According to a China Daily report, the company is seeking permission to gather more data, but its proposal remains under review by multiple regulatory authorities.
Data Security Concerns
Data security is a significant concern, impacting Tesla's plans for a 2025 launch of FSD in China and Europe. CEO Elon Musk expressed optimism about receiving regulatory clearance by the end of 2024. Currently, Tesla's FSD, which includes features like self-parking and autonomous lane changes, is a paid upgrade to the existing Autopilot system available in China.
The Future of Autonomous Driving
Despite the advancements, FSD does not equate to complete autonomy; drivers must remain alert and ready to intervene. Following a decline in vehicle sales, Tesla has emphasized FSD and artificial intelligence as key growth areas, with Cybercab—an entirely autonomous vehicle—set for a 2025 release. However, regulatory scrutiny continues to pose challenges for Tesla's global plans for autonomous vehicles.
Tesla did not respond immediately to requests for comments.
