Business

Why the historic U.S.-Japan intervention has failed to halt the yen’s slide

The Japanese yen has erased about half of the gains from an unprecedented U.S.-Japan intervention less than two weeks ago.

FMA board hires KC to investigate outgoing chief executive

The new investigation into Samantha Barrass is separate from a MBIE review into the authority.

HKEX pushes ahead on extended trading hours discussions as it prepares paper: sources

Hong Kong Exchanges and Clearing (HKEX) will push ahead with talks on extending stock market trading hours by releasing a discussion paper, even as it faces brokers’ concerns over a longer trading time and cancellation of the trading lunch…

China Taps Deutsche Bank as First Foreign Yuan Clearer in Europe

China has authorized Deutsche Bank AG as the first non-Chinese lender that can settle yuan transactions in Europe, expanding its clearing network to promote the currency overseas.

Counterpoint's Shah on Nvidia, Circular Deals

Neil Shah, Vice President at Counterpoint, discusses the outlook for Nvidia and the circular deals underpinning the AI boom. He speaks with Shery Ahn on Bloomberg: The Asia Trade. (Source: Bloomberg)

New ‘Katsu Curry Index’ aims to show how weak the yen really is

One bank strategist argues that an international price comparison for the pork-and-rice dish — rather than burgers — gives a better sense of how the yen's retreat feels.

AAPA on Asia's Airline Industry, Passenger Demand

Wong Hong, Director General at the Association of Asia Pacific Airlines, discusses the outlook for the region's carriers and the impact from higher jet fuel prices on passenger demand. He speaks with Haidi Stroud-Watts on Bloomberg: The…

Singapore Airlines loses about S$1bn on Air India bet — with more pain forecast

Timing of decision to take 25% stake ‘could not have been worse’, says executive

AI agents' 'alarming' hacking skills creates rush to spend on cybersecurity

AI agents' 'alarming' hacking skills creates a rush to spend on cybersecurity

Korea’s 30-Year Bond Yield Hits Record on Oil, Rate Hike Bets

South Korea’s 30-year government bond yield climbed to a record, as elevated energy prices and weaker demand from life insurers intensified pressure on the debt market.

Oil prices rise, stocks mixed ahead of crucial US inflation data

India’s Small, Mid-cap Funds Stay Hot With Investors

The smaller stocks have comfortably outpaced large caps this year.