World Business
Yen Plunges to Four-Decade Low, Rattling Japan Despite Past Intervention
The Japanese yen has fallen to its weakest level against the dollar since 1986, hitting 162.40 in Tokyo and intensifying calls for...
The Editorial Team 921 articles
Investing
JPMorgan Executives Urge Banking Rules for Digital Assets
JPMorgan Chase executives Umar Farooq and Peter Muriungi advocate for robust banking rules to apply to digital assets, citing risks of weak...
Finance
Morgan Stanley Slashes Oil Forecasts on Rapid Hormuz Flow Return
Morgan Stanley has significantly cut its oil price forecasts, citing a faster-than-expected recovery of flows through the Strait of Hormuz and increased...
Stocks
SpaceX IPO: Record $1.8 Trillion Valuation Meets Profitability Doubts
Elon Musk's SpaceX made a historic stock-market debut, raising $75 billion and achieving a $1.8 trillion valuation, yet faces significant financial risks...
Stocks
Planet Labs Reports Record Revenue as Investors Eye Satellite Data Beyond Launch
Planet Labs PBC posted record quarterly revenue and a growing backlog, signaling investor interest in Earth-observation data companies after the SpaceX IPO.
World Business
Tencent Tests TenPayGo App for China’s Rising Overseas Visitors
Tencent is reportedly testing TenPayGo, a new app designed as a one-stop digital services platform for overseas travelers to China, including mobile...
Economy
Gold Drops Near $4,000 Amid Renewed US-Iran Tensions, Inflation Concerns
Gold prices declined toward $4,000 an ounce following fresh US-Iran attacks in the Persian Gulf, reigniting inflation fears and impacting interest rate...
Finance
BIS Flags AI Spending Risks, Citing Opaque Financing
The Bank for International Settlements warns current AI optimism and capital expenditure may be unsustainable, citing supply bottlenecks, over-investment, and opaque 'circular...
Finance
Wall Street Banks Abandon Euro Strength Bets Amid Diverging Rate Paths
Major Wall Street institutions are capitulating on bets for a stronger euro, forecasting a slide to $1.10 as the US is expected...