SoftBank shares soar 13% after it agrees to buy ABB robotics unit for $5.4 billion
Shares of SoftBank jumped as much as 13% Thursday, a day after the Japanese giant announced a deal to buy...
Currency markets
Japan's Nikkei 225 hits record high for second straight day after Wall Street gains on AMD rally
Aerial view by drone of Tokyo Cityscape with Tokyo Sky Tree visible in Tokyo city, Japan on sunrise.pongnathee kluaythong |...
South Korea's Kospi hits record high as Samsung and SK Hynix soar on OpenAI partnership
The Seoul skyline.Mongkol Chuewong | Moment | Getty ImagesSouth Korea's Kospi index jumped more than 3% Thursday to hit an...
Asia-Pacific markets rise ahead of China's loan prime rate decision
TOKYO, JAPAN - JULY 27: Pedestrians and shoppers walk through the Akihabara area on July 27, 2023 in Tokyo, Japan....
Fed cut sets stage for Asia’s next easing wave amid trade strains
Several flags including that of the United States, Cambodia, the European Union, Japan and ASEAN are seen outside a building...
Asia markets set to open lower as investors watch U.S.-China talks in Spain
Shanghai urban skyline and the bund, China.Comezora | Moment | Getty ImagesAsia-Pacific markets were set to open lower as investors...
Japan's Nikkei 225 hits a new high as SoftBank surges nearly 10%
Japan's benchmark Nikkei 225 notched a record high of 44,251.65 on Thursday, mirroring gains on Wall Street overnight on Fed-rate...
Asia-Pacific markets track Wall Street gains as Fed rate-cut hopes rise
The city skyline of Lujiazui Shanghai Center in China, on March 13, 2024.Cfoto | Future Publishing | Getty ImagesAsia-Pacific markets...
Asia-Pacific markets open higher after Trump formalizes lower Japanese auto tariffs
Mount Fuji and buildings in the Shinjuku district are reflected on a table at an observation deck in Tokyo, Japan,...
'We shouldn't ignore this:' Longtime investor Rebecca Patterson warns Trump could damage Fed independence
President Trump's efforts to fire Federal Reserve Governor Lisa Cook could jeopardize the central bank's independence, according to longtime investor...
Why defensive names and bitcoin could be solid plays over the next six months
It may be a strategic time to pivot away from this year's Big Tech winners.Bob Elliott, who runs Unlimited Funds,...
The Man Charged With Steering the Yuan Through China’s Economic Turmoil
Pan Gongsheng has experience in high-stakes tasks, but China’s fragile economy raises new risks. Source link
Inflation Drags Eurozone Economy Into Recession
High energy and food prices following Russia’s invasion of Ukraine hit household spending in Europe. Source link
What Is Happening With Binance?
The SEC sued the largest crypto exchange and its controlling shareholder, saying they enriched themselves at investors’ expense. A look...
Circle’s USDC Stablecoin Breaks Peg With $3.3 Billion Stuck at Silicon Valley Bank
MarketsCurrenciesCryptocurrencySpooked investors cashed out over $2 billion worth of USD Coin, knocking the dollar-pegged token below 87 cents Source link
FTX Files for Bankruptcy; Sam Bankman-Fried Steps Down as CEO
The cryptocurrency platform said Sam Bankman-Fried would remain at the company to assist with an orderly transition and it would...
U.K. Treasury Chief Jeremy Hunt Looks to Reassure Markets With New Tax Plan
LONDON—New U.K. Chancellor Jeremy Hunt will make a statement later Monday, unveiling new public spending and tax policies as he...
U.K. Market Woes Threaten Economic and Political Crisis
The U.K. continued to try to stave off a financial and economic crisis on Wednesday as the country’s central bank...
British Pound, Bonds Roiled as Tax-Cut Plans Spook Investors
LONDON—The U.K.’s beleaguered pound hit its lowest-ever level against the U.S. dollar before recovering slightly Monday, as investors worried about...
Dollar’s Rise Spells Trouble for Global Economies
The U.S. dollar is experiencing a once-in-a-generation rally. For the rest of the world, that is a big problem.The dollar’s...
