Sony rules out renewing offer for Paramount, says it wouldn't fit strategy
Sony's finance chief on Wednesday said the Japanese technology and media giant will not reconsider a fresh bid for film and TV production group Paramount Global.
Wellness asian news
As American allies in Asia take matters into their own hands, what of the US?
According to a new Trump Risk Index from the Economist Intelligence Unit, several Asian economies, including some with close security ties to the US, are especially vulnerable when it comes to trade. Among the 10 major trading partners that are most at risk due to potential trade policy changes under Trump, six of them are in Asia.
Rivian tops Wall Street's second-quarter expectations amid cost cuts
Rivian Automotive beat Wall Street's top- and bottom-line expectations for the second quarter as the electric vehicle maker continues to take costs out of its business.
SunPower files for bankruptcy, plans to sell off assets — stock drops more than 30%
The rooftop solar installer SunPower has filed for bankruptcy, after struggling for months in the face of high interest rates and allegations of misconduct in its reporting practices.
Kenya central bank cuts main lending rate by 25 basis points
Kenya's central bank cut its benchmark lending rate by 25 basis points to 12.75% on Tuesday, saying there was scope for a gradual easing of its policy stance while ensuring continued exchange rate stability.
Americans who moved abroad say this big expense isn't worth it
Alex Ingrim knows a lot about how to move to a new country.
Japan's Nikkei sees best day since October 2008; logs record single-day jump in points
Japan's stocks rebounded sharply on Tuesday after the Nikkei 225 and the Topix dropped over 12% in the previous session. Other Asia-Pacific markets were mostly higher.
Investors are unwinding the biggest ‘carry trade’ the world has ever seen, SocGen strategist says
A rapid unloading of "carry trades" extended on Monday, with market participants seeking to roll back on the popular strategy amid a dramatic global sell-off in risk assets.