Dollar soft ahead of U.S. data, yen holds onto its gains after election
The dollar nursed losses on Tuesday ahead of monthly economic data, while the yen held on to its gains after Prime Minister Sanae Takaichi’s election victory.
Oil major BP suspends buybacks in fresh sign of oil price pressure
BP on Tuesday posted fourth-quarter profit in line with expectations, after crude prices dipped below $60 a barrel for the first time in nearly five years.
‘Despicable and reprehensible’: China lashes out at UK expansion of visa scheme following Jimmy Lai conviction
The diplomatic tensions came after pro-democracy tycoon Jimmy Lai was sentenced for 20 years in one of the city’s most prominent prosecutions.
How leading through discomfort prepared Philips CEO Roy Jakobs for his toughest calls
Roy Jakobs reflects on the early experiences that shaped his leadership—from post‑war lessons in forgiveness to the resilience built through childhood asthma. In “Executive Decisions with Steve Sedgwick,” the Philips CEO explains why compassion must sit alongside hard, practical choices—and how those moments of discomfort prepared him to lead the company through its latest evolution.
SoftBank shares surge 10% after telecom unit lifts outlook, Arm strength bolsters AI narrative
Shares of SoftBank Group Corp jumped over 10% after its telecom arm raised its full-year profit outlook and renewed optimism around Arm Holdings.
Taiwan rebuffs U.S. push to absorb 40% of its chip supply chain
Taiwan has told Washington that its proposal to move 40% of Taiwan’s semiconductor supply chain is “impossible,” according to Vice Premier Cheng Li-chiun.
South Korea’s largest defense firm Hanwha Aerospace slumps 6% as revenue, pre-tax profit miss estimates
Hanwha had missed revenue and pre-tax expectations, but beat net profit projections
YouTube star MrBeast buys youth-focused financial services app Step
YouTube star James Stephen Donaldson, better known as Mr. Beast, has acquired youth-focused financial services app Step.
U.S. urges ships to stay ‘as far as possible’ from Iran’s waters in Strait of Hormuz after boarding attempts
The U.S. told American-flagged ships to stay “as far as possible” from Iranian waters when navigating the Strait of Hormuz amid heightened U.S.-Iran tensions.
Japan’s Nikkei 225 continues post election rally as Asian markets open higher
Japan’s markets are set to scale new records as the Nikkei looks set to continue riding the “Takaichi trade.”