Chip giant SK Hynix Inc. suffered its second short-lived share plunge in about a week, raising fresh questions about trading volatility on South Korea’s alternative stock exchange.
China’s main steel-industry group called for greater use of yuan-denominated index pricing in the iron ore market, saying such a shift would better reflect supply and demand in the top user of the commodity.
Iran said it had reached an agreement with Oman on a proposed route for shipping through the Strait of Hormuz, a potential step toward a reopening of the critical waterway for energy supplies. Bloomberg's Abeer Abu Omar has the latest. (Source: Bloomberg)
A sale of 30-year Japanese bonds drew firm demand on Thursday, delivering some calm to a market that’s been buffeted by currency turmoil and worry over the government’s debt load.
Joint US-Japan intervention has supported the yen for now, but it isn't a game-changer for the currency or the economy, Japan's former Prime Minister Fumio Kishida said in an interview with Bloomberg TV in Tokyo. Kishida also highlighted the importance of a prime minister communicating effectively w
The Failed Iran war should spur a long-overdue withdrawal.
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And where Trump went wrong.
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Getting a company to implement recommended changes is a contact sport that only humans can play
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The group’s shares have quadrupled, but it has yet to prove itself a serious manufacturing competitor to Taiwan’s TSMC
Doubts that the Fed will do enough to pull down inflation are hardening.