US intervened to contain Asia currency risks, Bessent says
Treasury chief cites lessons from 1990s crisis as Washington joined yen-buying operation
Ideas
Lucid begins 'operational reset' as CEO says EV maker will delay midsize vehicle
Lucid Group missed Wall Street's second-quarter expectations as the electric vehicle manufacturer conducts an "operational reset" amid leadership changes and cost-cutting efforts.
Pinterest shares fall on lukewarm sales guidance
Pinterest shares fell 7% in extended trading on Tuesday after the company reported better-than-expected earnings and revenue but issued lukewarm sales guidance.
Novo Nordisk shares slide after guidance disappoints investors
U.S.-traded shares of Novo Nordisk dropped about 6% on Tuesday after the Danish drugmaker released guidance that appeared to disappoint investors.
Here's why we're sticking with DuPont despite a noisy quarter
DuPont's results and guidance aren't as bad as the market's initial reaction suggested.
An overlooked player in data center buildout delivers once again
Not only did results outpace expectations on both the top and bottom lines, but we also got a boost to full-year guidance.
Barclays cuts Pearson rating. Here’s why.
The bank pointed to the fact that Shawbrook was a high-growth, high-profit specialist UK digital bank with a strong track record of delivering outsized returns of 18-19%, regardless of interest rate and cyclical factors.
The 3-Criteria Method for Identifying High-Quality Undervalued Stocks
Most investors start their stock search by chasing what’s already working. They scan for the biggest gainers, follow headlines about hot sectors, or buy whatever name keeps appearing in their social media feed.
How AI’s Most Celebrated Hedge Fund Imploded in Just 30 Days
How the most celebrated fund in artificial intelligence sold its entire listed book to a competitor, and what the wreckage says about the rest of us.
Japan warns Russia-North Korea axis raises regional security threat
TOKYO -- Japan's Ministry of Defense has warned that growing military cooperation between Russia and North Korea could significantly strengthen Pyongyang's military capabilities, heightening security risks across Asia.
HSBC profit jumps 23% as Asia wealth fuels earnings
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HP, Asus and Acer begin using CXMT chips amid memory shortage
But PC makers careful to avoid angering top suppliers Micron, Samsung and SK Hynix
Meet the Japanese cybersecurity startup made mostly in India
Yasukane Matsumoto, Josys chief executive, said his startup was "born from the beginning as a hybrid of India and Japan." (Nikkei montage/Source photos by Tsubasa Suruga, Josys and Reuters)
SpaceX's pursuit of a China-free supply chain
Welcome to the Tech Latest podcast. Every Tuesday, our tech experts Katey Creel and Shotaro Tani deliver the hottest trends and news from the sector.
Japan speeds Kumamoto earthquake recovery as dangerous summer heat sets in
Kumamoto city recorded a high temperature of 40.3 C on Aug. 3, raising fears of additional deaths due to heatstroke. (Photo by Shun Kato)
China's 'silver economy' draws Japan nursing care equipment retailers
SHANGHAI/SHIZUOKA, Japan -- Two Japanese specialists in nursing care products are expanding to serve China's growing elderly population, looking to set up a network of 100 stores in the country as early as 2030 as the m…
Southeast Asia's streaming success spurs filmmakers' global hopes
JAKARTA -- Jayanty Nada often spends her free time watching dramas on streaming services. Her favorites are locally produced Indonesian movies and series centered on infidelity.
Nissan secures net profit for Q1, sticks to full-year target
Carmaker returns to black on quarterly basis for 1st time in 2 years amid restructuring
Myanmar grants access to Suu Kyi ahead of Thailand visit
Myanmar's detained former leader Aung San Suu Kyi meets Arnaude de Baecque, Myanmar's resident representative and head of delegation for the International Committee of the Red Cross (ICRC), in Naypyitaw, Myanmar, on Aug…
Japanese airlines report record sales but high fuel prices shrink profits
TOKYO -- Japan Airlines announced an 80% fall in quarterly profit Monday, as it followed rival carrier ANA Holdings in reporting record revenues but a major hit to the bottom line from high fuel prices caused by the Ira…
Anwar coalition 'losing shine' as local elections show declining support
KUALA LUMPUR -- Malaysian Prime Minister Anwar Ibrahim's coalition has lost another key local election, suggesting declining support for his reformist government ahead of the country's next general election due by early…
EV boom drives ASEAN car sales in Q2, with Indonesia surging 34%
TOKYO/JAKARTA/KUALA LUMPUR/SINGAPORE -- Accelerating demand for electric vehicles is helping power Southeast Asia's auto market, sparking sales from Indonesia and Malaysia to Thailand and Vietnam.
US-Japan intervention helps lift yen to 155 but concerns remain
TOKYO -- The yen strengthened sharply to the lower 155 range against the dollar on Monday morning, as markets remain wary of further currency interventions by Japan and the U.S.
India's small banks use RBI currency facility to chase diaspora deposits
The likes of Equitas Small Finance Bank, AU Small Finance Bank and IDFC First Bank are offering nonresidents Indians interest rates of up to 7.5%, compared with the 5.25% to 6% offered by State Bank of India and the 6% …