Japan says it is watching the yen’s slide “with a high sense of urgency” and is poised to “take appropriate steps on excess moves”
Byetdance hopes the move will motivate employees amid slowing growth and uncertainty over a plan to go public, sources said.
Asian equities wallowed at two-year lows, held down an unrelenting dollar rally, wobbles in the UK bond market and China's Covid crisis
Defaults among emerging market companies continued to mount in the third quarter, the US investment bank said, due to troubles in Russia as well as China's property sector.
The threat of an escalation in the Ukraine War and the prospect of more interest rate hikes – hoisting the dollar even higher – weighed on investors
Dimon said the S&P 500 stock index could fall by "another easy 20%" from current levels, but that was likely to "be much more painful" than the 24% so far this year
The rupee was trading around 82.40 to the dollar on Tuesday, having hit a low of 82.6825 on Monday, currency traders said
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.