- December 25th, 2024
Indian lenders, including the State Bank of India (SBI), are re-evaluating their financial exposure to the Adani Group following allegations of bribery against the conglomerate’s Chairman, Gautam Adani, by U.S. authorities. This reassessment is seen as a cautious move to...
Japan’s tax revenues are poised to reach an all-time high for the fifth consecutive fiscal year, driven by robust corporate earnings and rising inflation, according to four government sources familiar with the matter. The current fiscal year, ending in March...
The Bank of Japan (BOJ) is unlikely to implement policy changes abrupt enough to derail ongoing budget discussions, a senior member of the Democratic Party for the People (DPP) suggested on Wednesday. Motohisa Furukawa, the DPP's tax chief, emphasized in...
Pony AI Inc., a leading autonomous-driving technology company, is pivoting its focus towards diversifying its supply chain and targeting international markets beyond the United States. This strategic shift, announced by CEO James Peng, comes amid escalating geopolitical tensions between Beijing...
The Biden administration is reportedly weighing new restrictions on the sale of semiconductor equipment and AI memory chips to China, intensifying the US campaign to limit Beijing’s technological advancement. This potential move, expected to be announced as early as next...
Shares of Japanese semiconductor-related companies soared on Thursday after reports emerged that the US government is considering milder-than-expected restrictions on exports of chip equipment and AI memory semiconductors to China. The announcement triggered a rally in Japan’s high-stakes chip manufacturing...
The Adani Group has clarified that Indian billionaire Gautam Adani and his associates have not been charged under the U.S. Foreign Corrupt Practices Act (FCPA). This statement, issued by Adani Green Energy Ltd. in a filing to the stock exchange...
The Bank of Korea (BOK) cut its seven-day repurchase rate by a quarter percentage point to 3% on Thursday, marking its second consecutive rate reduction in less than two months. The unexpected decision came alongside a downgraded economic growth forecast...
Asian stock markets displayed restrained movements on Thursday as traders opted for caution ahead of the US Thanksgiving holiday, a time traditionally marked by reduced activity in global financial markets. Bond yields softened across the region, while the Japanese yen...
The Mexican peso gained ground Thursday after President-elect Donald Trump described a "wonderful conversation" with Mexico’s President Claudia Sheinbaum, signaling potential cooperation on key bilateral issues. However, diverging statements on migration policy hinted at significant challenges ahead. The peso advanced...
Loading posts... 
All posts loaded
No more posts