Secretary of State Antony Blinken said he’s bringing a message that “the United States has Israel’s back” as he departed for Tel Aviv Wednesday after the assault by Hamas that has sparked a new war in the Middle East.
Lithium giant Albemarle Corp. has been granted a short extension to wrap up its due diligence of Liontown Resources Ltd. for a proposed A$6.6 billion ($4.2 billion) takeover of the Perth-based company, with the success of the deal now looking like it will hinge on the next move of Australia’s richest woman.
Sony Group Corp. has unveiled a slimmer, lighter PlayStation 5 with detachable disc drive, in a bid to juice sales over the holiday season.
Xiaomi Corp. has held talks with established automakers on potential production partnerships, people familiar with the matter said, as it waits for Beijing to approve a license that would give it the right to manufacture electric cars itself.
Australian leader Anthony Albanese should beware of accepting concessions from China for actions that the world’s no.2 economy simply “shouldn’t have done” in the first place.
The pace of gains in Japan’s producer prices decelerated more than expected in September, falling below the latest consumer inflation reading for the first time since early 2021, supporting the central bank’s view that import-driven price pressure is moderating.
Platinum Equity is in the lead to buy Jacobs Solutions Inc.’s Critical Mission Solutions unit, according to people with knowledge of the matter.
Economists and investors looking for catalysts to prompt the Bank of Japan to pare back stimulus are keeping a close eye on wage growth, a key factor cited by the central bank for achieving its goal of sustainable inflation.
Japan’s domestic interbank fund settlement system resumed normal operations on Thursday following a two-day glitch that disrupted millions of transactions.
An unexpected increase in Indonesia’s sovereign debt supply is exacerbating the country’s worst bond rout since the height of the pandemic, while making the asset class more sensitive to Treasury moves.
