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BOJ Governor Kazuo Ueda stated that the central bank will continue its accommodative monetary policy for companies, while yen movements remain volatile.
Alphabet’s shares rally nearly 7% as its dominant Google Search business performs well amid competition from Microsoft’s AI-powered Bing.
Aero-engineer Rolls-Royce increases its full-year operating profit outlook by 45% after operational improvements and a rebound in long-haul flying.
Major European consumer goods companies, including Unilever and Reckitt, have managed high input costs by raising prices, but investors seek more innovation to counter declining sales volumes.
Indonesia is addressing exporter concerns over new rules requiring onshore retention of export earnings by developing a financing scheme and tax incentives.
Lending to euro zone companies and households has slowed, indicating higher interest rates are curbing credit growth and economic expansion.
Japanese automaker Nissan will invest up to $663 million in Renault’s electric vehicle unit, Ampere, as part of their restructured partnership.
European stock markets retreat as investors analyze quarterly earnings reports. Fed set to raise rates, focus on Chair Powell’s comments. Oil prices dip on US inventories rise.
Elon Musk’s rebranding of Twitter to “X” has led to curiosity about whether he obtained the @X handle for free or paid a substantial sum.
Thales, a French defense electronics provider, expands its cybersecurity presence with the acquisition of Imperva, aiming to strengthen its position in the global cybersecurity market.
S&P Global Ratings downgrades Bangladesh’s long-term rating outlook, citing risks to external liquidity and shrinking foreign exchange reserves.