Asia FX weakens, yen on intervention watch after breaching 150
Most Asian currencies fell on Thursday as concerns over higher U.S. interest rates pushed up the dollar and Treasury yields,…
Japanese yen breaches 150, intervention in focus
The Japanese yen weakened past the key 150 level to the dollar on Thursday, raising the chances of intervention in…
European stocks slide on disappointing Q3 results, erasing 2023 gains
European stocks, including the Stoxx 600 benchmark, experienced significant declines on Thursday, nearing the point of wiping out all gains…
Hyundai sticks to EV rollout plans, sees solid growth this year
(Reuters) – Hyundai Motor (OTC:HYMTF) said on Thursday it would not delay plans to roll out new electric vehicles and…
Explainer-Vietnam’s real estate woes: how much worse can they get?
(Reuters) – A rough year for Vietnam’s real estate sector has seen developers miss interest payments on debt, amid a…
ExxonMobil and Chevron secure future with strategic acquisitions
ExxonMobil (NYSE:XOM) and Chevron (NYSE:CVX) have made strategic acquisitions of Pioneer Natural Resources (NYSE:PXD) and Hess Corporation (NYSE:HES) respectively, in…
EU’s Breton confirms investigations into three tech platforms, including X
(Reuters) – EU industry chief Thierry Breton has launched investigations into three tech platforms over content moderation decisions, including Elon…
Stellantis renews China drive with $1.6 billion Leapmotor stake
(Reuters) – Stellantis said on Thursday it is buying a 21% stake in EV maker Leapmotor (HK:9863) in a $1.6…
Unilever’s new CEO lays out plans to simplify business, shares fall
(Reuters) – Unilever (LON:ULVR)’s new chief executive Hein Schumacher on Thursday laid out long-awaited plans to simplify the business after…
Malaysia to warn TikTok, Meta over alleged blocking of pro-Palestinian content
(Reuters) – Malaysia’s communications regulator will issue a warning to social media firms Tiktok and Meta (NASDAQ:META) for allegedly blocking…