Leadership
Japan top FX diplomat says watching for any build-up of yen carry trades: NHK
Japan’s top currency diplomat Atsushi Mimura said authorities are “always watching markets” as a renewed build-up of yen carry trades could heighten market volatility, public broadcaster NHK quoted him...
Soggy Asia coffee crop means world’s caffeine fix to stay pricey
Any hopes that a flood of coffee exports from Asia’s major growers would take the heat out of a blistering rally that’s pushed robusta prices to the highest since...
Intel gains on report that Qualcomm made takeover approach
Intel shares soared after the Wall Street Journal reported that Qualcomm approached the company about a takeover, a potential record-setting deal for the chip industry.The discussions occurred in recent...
Europe: Stoxx 600 falls a day after Fed-fuelled rally
European shares slipped on Friday (Sep 20) after a rally in the previous session spurred by the US Federal Reserve’s outsized interest rate cut, while drugmaker Novo Nordisk slid...
Fed jumbo rate cut puts pressure on money market fund investors
INVESTMENT advisers are urging clients to dump hefty cash allocations now that the Federal Reserve has begun its much-anticipated interest-rate easing, a process they expect to limit the appeal...
‘No work, no pay,’ Samsung warns striking Indian workers as dispute escalates
Samsung Electronics has warned its striking workers in southern India they will not receive wages if they continue protesting and also face the risk of termination, a company email...