Global markets broadly rise on AI chip demand despite Wall Street's retreat on inflation dataGlobal equity markets witnessed an upward trend after unexpected US inflation data for October was released. Taiwan's markets surged notabl...
Japan's Idemitsu quadruples FY27 profit forecast to $1.86 billion on stronger oil pricesIdemitsu Kosan has raised its profit forecast for fiscal 2026 to 295 billion yen due to strong performance. The company's net profit for th...
Japanese automaker Nissan reduces red ink, vows to return to profit for full yearNissan Motor Co. has reported a reduced loss of 39.7 billion yen in the first half of the fiscal year. The automaker's sales increased by 8...
Dollar gains traction as Fed speakers warn of risks from inflationThe US dollar is holding onto gains following a stronger-than-expected inflation report. Federal Reserve comments indicate potential rate h...
SoftBank posts $7 billion quarterly loss as AI investment risks mountSoftBank Group reported a $7 billion quarterly loss, reversing last year's profit, as volatile AI investments weighed on earnings. Its $64....
Tech investor SoftBank Group logs $7 bn quarterly net lossThe company's profits routinely see wild fluctuations linked to the volatile value of global technology stocks and its changing portfolio o...
Dollar sellers hit pause for US inflation dataThe trade and sentiment-sensitive Australian dollar rose by nearly 1% through Monday to sit at $0.6921 early on Tuesday and the New Zealand...
US Dollar crashes today: Why is USD down against other currencies?Brent crude futures fell $5.75, or 5.85 per cent, to settle at $92.57 a barrel, and prices continued falling after settlement, while US Wes...
Japanese households buy record 5-year government bonds as rate hike expectations peakJapanese households have bought a record 8.19 trillion yen worth of retail government bonds this fiscal year, with five-year fixed-rate sec...
SoftBank to face scrutiny of AI strategy at second-quarter earnings after selloffSoftBank Group is on the brink of unveiling its quarterly earnings, navigating a turbulent landscape marked by challenges in the artificial...
Japan's Yen intervention hits record $50 billion in single day in JulyJapan spent a record $50.36 billion in a single day in July to strengthen the yen, which had fallen to a 40-year low against the dollar. It...
Dollar holds, yen gains as equity rout saps risk appetite ahead of payrollsThe dollar maintained its ground against key currencies as traders flocked to safe havens following a volatile market downturn. Concerns mo...
Sony posts 45% Q2 profit rise on movies, games boostContributors to the stronger performance, which led the Japanese entertainment and technology conglomerate to hike its full-year profit out...
Toyota raises annual profit outlook by 15% as hybrid demand, weak yen boost earningsToyota Motor raised its full-year operating profit forecast by 15% after reporting a 34% year-on-year increase in quarterly profit, its fir...
Dollar edges lower as US election outcome cheers global marketsIn the aftermath of the Democrat wins during the US midterm elections, the dollar experienced a dip against various currencies. The results...
Japan Investment Corp to sell JSR to Mitsui Chemicals in an over $8.20 bn deal: ReportJapan Investment Corp intends to sell its semiconductor materials subsidiary JSR to Mitsui Chemicals in a significant transaction. This dea...
Binance says withdrawals now available in US dollarsBinance has announced that people can now withdraw cash in dollars again as they work on getting their systems back on track after experien...