Something unusual is happening in global currency markets, and most people aren’t paying attention. This week, the Taiwan dollar surged more than 5% in a single day, recording its biggest jump since 1988. At the same time, Asian banks, exporters, and sovereign funds are increasingly trying to bypass the US dollar in…
CoreWeave, the fast-growing US-based AI data centre company, is planning to raise at least $1.5 billion in fresh debt…
Panasonic will lay off 10,000 employees in 2025, targeting 5,000 jobs in Japan and another 5,000 overseas. The Osaka-based…
Lyft Inc (NASDAQ: LYFT) rallied more than 20% on Friday morning after reporting its financial results for the first…
Canadian unemployment rose to 6.9% in April, the highest level since November, as US tariffs on major exports started hitting…
Brazil’s CSN Mineração (CMIN3), the mining arm of steel giant CSN, reported a net loss of R$357 million (approximately…
Shares of Expedia Group fell sharply by more than 8.5% on Friday after the company reported first-quarter revenue that…
US President Donald Trump and UK Prime Minister Keir Starmer jointly announced on Thursday a “historic” trade deal between the…
Carvana Co (NYSE: CVNA) chief executive Ernie Garcia does not expect Trump’s new tariffs to have a “super direct”…