Bank of Japan Governor Kazuo Ueda’s dovish stance has cemented the yen’s status as the most attractive funding currency for carry traders, a factor which is helping add to its weakening trend.
In a sea change for the traditionally conservative region, some of the biggest tourism spots in Asia and the Middle East are moving toward building or allowing their first casinos, raising competitive pressure on existing hubs like Macau.
Former President Donald Trump on Tuesday pleaded not guilty in a Miami courtroom to federal charges he mishandled state secrets and immediately resumed rallying supporters behind his 2024 presidential bid.
Balyasny Asset Management told clients it will lock up their money for two years, as the hedge fund joins the parade of peers in extending how long they can keep investors’ capital.
Wall Street got some encouragement to send stocks higher after a slowdown in inflation bolstered speculation the Federal Reserve will pause its tightening campaign on Wednesday.
The previous management team at Brazilian retailer Americanas SA carried out fraudulent accounting practices and hid them from investors and the board of directors, according to a filing on Tuesday and comments from the current chief executive officer.
The bond market is overhauling its bets on the path of US interest rates the day before the Federal Reserve concludes its pivotal monetary-policy meeting.
A US labor board ruling on Tuesday laid the groundwork for drivers from Uber Technologies Inc. and Lyft Inc. and other gig workers to formally unionize – a still difficult but potentially transformative task.
Haru Invest has paused deposits and withdrawals “until further notice” on its high-yielding digital asset management platform, citing “a certain issue” with one of its partners.
The market for the riskiest type of bank debt in Europe is back open for business three months after the turmoil caused by a controversial wipeout of Credit Suisse Group AG’s bonds.
