Japanese monetary authorities made a last-minute decision to advance an emergency meeting on the weak yen to Wednesday (Mar 27) from its original Thursday schedule, aiming to enhance the effectiveness of addressing the sharp decline in the yen. The meeting, ...

Treasury Secretary Janet Yellen issued a warning on Wednesday, expressing apprehension that China is leveraging the global economy as a repository for its surplus clean energy products, resulting in depressed market prices and adverse implications for green manufacturing in the ...

Microsoft has crossed a significant milestone, with its valuation exceeding $3 trillion (€2.7 trillion), making it the second company, following Apple, to achieve this feat. The surge in Microsoft’s valuation can be attributed in part to its strategic focus on ...

The collapse of a bridge near the Port of Baltimore is poised to have significant repercussions for reinsurers and the broader marine insurance market, as one of the busiest ports in the mid-Atlantic region grinds to a halt. In the ...

A senior policymaker at the Bank of England has cautioned that financial markets may be overly optimistic about the number of interest rate cuts expected this year, stressing that the UK central bank is unlikely to act before the US ...

Former President Donald Trump has undeniably enjoyed a substantial financial gain through his media venture, Trump Media & Technology Group, which trades under his initials, DJT. The company’s value surged following its public debut on March 26, with its stock ...

In the latest market close, Apple (AAPL) concluded trading at $169.71, experiencing a -0.67% movement compared to the previous day. This performance trailed behind the S&P 500’s daily loss of 0.28%. Meanwhile, the Dow Jones Industrial Average recorded a decline ...

Boeing CEO Dave Calhoun has announced his intention to step down from the company by the end of the year, signaling a significant leadership shakeup. Alongside Calhoun, Boeing’s chairman and the head of the commercial airplane unit are also departing. ...

Nordstrom’s shares saw a 9% surge in Tuesday’s closing following reports of the department store chain’s potential move to go private. The retailer’s founding family is collaborating with Morgan Stanley and investment bank Centerview Partners to look into private equity ...

Filmmaker and Hollywood icon George Lucas is throwing his weight behind Walt Disney CEO Bob Iger in the heated proxy battle with activist investor Nelson Peltz. Lucas, who acquired 37.1 million Disney shares through Disney’s acquisition of Lucasfilm for $4.05 ...