Asia Business

Toyota maintains net profit forecast despite drop in first half

Japanese auto giant Toyota kept its annual net profit forecast unchanged on Wednesday, despite logging a 26 percent drop for the first half of this financial year.The world’s top-selling automaker said unit sales were hit by production cuts in its home market, related to a failure to fully comply with vehicle inspection standards.In April to …

Toyota maintains net profit forecast despite drop in first half Read More »

Dollar soars, bitcoin hits record and stocks rally as Trump win seen

The dollar surged and bitcoin hit a record high Wednesday while equity markets advanced as traders bet on a victory for Donald Trump as early results for the US presidential election rolled in.While polls have shown the race for the White House on a knife-edge, the Republican appeared to be faring better than his Democratic …

Dollar soars, bitcoin hits record and stocks rally as Trump win seen Read More »

Asian markets rise with dollar, bitcoin as ealy US results roll in

Most Asian markets rose with the dollar and bitcoin on Wednesday as traders await the outcome of the knife-edge US presidential election, with bets increasing on a Donald Trump victory as early results rolled in.The Republican candidate and his Democratic opponent Kamala Harris have picked up expected wins in safe states, but signs that the …

Asian markets rise with dollar, bitcoin as ealy US results roll in Read More »

Stock markets climb, dollar dips as US votes

Major stock markets mostly rose and the dollar remained under pressure Tuesday as Americans cast votes in a knife-edge presidential election.Wall Street’s main indexes, which had fallen the previous day, rebounded after voting began in the world’s biggest economy.In Europe, London dipped 0.1 percentĀ as investors await an interest-rate decision by the Bank of England on …

Stock markets climb, dollar dips as US votes Read More »

South Korea fines Meta for illegal collection of user data

US tech giant Meta illegally harvested sensitive data including on sexual orientation from nearly a million South Korean Facebook users and shared it with advertisers, Seoul’s data watchdog said Tuesday.The firm, which also owns Instagram, violated South Korean laws prohibiting the use of information on political opinions, religious beliefs and people’s sex life unless the …

South Korea fines Meta for illegal collection of user data Read More »

Stock markets rise, dollar pressured as US votes

Major stock markets rose and the dollar remained under pressure Tuesday as the United States votes in a knife-edge presidential election.Equities in Shanghai and Hong Kong won strong support from hopes over China’s economy, while European indices grew slightly as investors await interest-rate decisions from the US Federal Reserve and Bank of England on Thursday.”A …

Stock markets rise, dollar pressured as US votes Read More »

Close Bitnami banner
Bitnami