Leadership
Japan’s top FX diplomat says ready to deal with yen around the clock
JAPAN’S top currency diplomat Masato Kanda said on Tuesday authorities were ready to deal with foreign exchange matters around the clock but declined to comment on whether the finance...
Huawei’s pivotal role in the US-China tech war, from 5G to chips
WHEN the Trump administration blacklisted Huawei Technologies in 2019 over spying concerns, the move almost wiped out the Chinese company’s global smartphone business. Yet it bounced back with the...
Binance and CZ’s fortunes are set to grow, jail or no jail
IT’S “better to ask for forgiveness than permission” when it comes to complying with the law, the billionaire founder of the Binance cryptocurrency exchange once told his team, according...
Chevron CEO expects ExxonMobil arbitration resolved in coming months
CHEVRON expects a resolution to a dispute with ExxonMobil over a Guyana oil contract in the coming months that would allow for the completion of the US$53 billion acquisition...
MicroStrategy posts loss on impairment charge, revenue declines
MICROSTRATEGY posted a first-quarter loss after taking an impairment charge against the value of its roughly US$13 billion in Bitcoin holdings even though the cryptocurrency surged during the period....
JPMorgan looks to fend off Goldman and other private credit for US$1 billion
JPMORGAN Chase & Co’s leveraged finance desk and Goldman Sachs Group’s private credit team are among the firms in discussions to lead a US$1.05 billion financing for metal and...
Yen surges against US dollar on suspected intervention
JAPAN’S currency surged as much as five yen against the US dollar on Monday (Apr 29), with traders citing heavy yen-buying intervention by Japanese banks for the first time...
Mapletree Logistics Trust posts 2.5% drop in Q4 DPU; manager warns of further headwinds
HIGH interest costs and weak regional currencies weighed on Mapletree Logistics Trust’s : M44U 0% performance for Q4 ended Mar 31, with distributions per unit (DPU) falling 2.5 per...
