World Business
Mexico Deploys Troops as US Halts Avocado Imports Over Security Threat
U.S. suspends avocado inspections in Michoacan due to security concerns, prompting Mexico to send 1,500 additional troops to the region.
World Business 158 articles
World Business
Toyota Doubles Q1 Profit on Weak Yen, Strong US & India Sales
Toyota reported a near doubling of fiscal first-quarter profit to $9.4 billion, driven by robust demand in the U.S. and India and...
World Business
US, Japan Launch Joint Yen Intervention After Currency Hits 40-Year Low
The United States and Japan jointly intervened last week to halt the yen's slide to a 40-year low, marking their first coordinated...
World Business
Dollar Plunges Against Yen After Confirmed US-Japan Market Interventions
The U.S. dollar sharply weakened against the Japanese yen on Monday, dropping 1% to 156.34 yen, following confirmed market interventions by both...
World Business
First Plus Deepens SS&C Partnership for APAC Cross-Border Operations Expansion
First Plus Asset Management has expanded its relationship with SS&C Technologies to enhance cross-border operational support across Asia, leveraging SS&C's integrated solutions...
World Business
OPEC+ Completes 2023 Cut Reversal with Modest Quota Hike
OPEC+ nations approved a 188,000 bpd quota increase, theoretically unwinding 2023 cuts. The move offers future flexibility once Middle East conflict ends.
World Business
Project Agorá Slashes Cross-Border Payment Times to 80 Seconds
Project Agorá's real-value testing demonstrated average cross-border payment settlement in 80 seconds, utilizing tokenized reserves and deposits. This public-private collaboration, led by...
World Business
Ukraine Strikes Disrupt Key Wheat Route, Deepen Russian Fuel Woes
Ukrainian drone attacks have severely impacted shipping in the Sea of Azov, halting a vital corridor for Russian wheat exports and exacerbating...
World Business
US Waives Iran Oil Sanctions for 60-Day Peace Talks
The United States temporarily lifted sanctions on Iranian oil exports on Monday, a move linked to 60-day peace negotiations aimed at allowing...