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JAKARTA -- Southeast Asian countries looking to enter the electric vehicle supply chain must do more to reduce costs if they want to take advantage of the trade friction between China and the West over EVs, Boston Consulting Group's Asia-Pacific chief told Nikkei Asia.
BANGKOK (AP) — China sanctioned a United States lawmaker Wednesday for “frequently interfering” in China’s domestic affairs.
Shares of global semiconductor firms rallied on Wednesday as they were boosted by some positive earnings in the sector and a report of potentially less severe U.S. export restrictions on China.
Japan's central bank has raised its benchmark interest rate to "around 0.25%" from its previous range of 0% to 0.1% and outlined its plan to taper its bond buying program.
Switzerland's stock exchange SIX said trading had been halted on Wednesday morning across all products until further notice due to issues with disseminating data.
Brent futures topped the $80-per-barrel-threshold on Wednesday, as Iran's claim that Hamas political leader Ismail Haniyeh was assassinated reignited tensions in the Middle East.
TOKYO (AP) — The Bank of Japan raised its key interest rate Wednesday to about 0.25% from zero to about 0.1%, acting to curb the yen’s slide against the U.S. dollar.
Microsoft shares fell as much as 7% in extended trading on Tuesday as investors looked past better-than-expected earnings and revenue and focused instead on disappointing cloud results. But executives provided a dose of optimism when they predicted a cloud growth speed-up in the first half of 2025.