Facing low inflation, BOJ to mull steps to make stimulus sustainableThe Bank of Japan will next week consider changes to its massive stimulus programme to make it more sustainable, such as allowing greater swings in interest rates and widening its stock-buying selecti...
Where now for Venezuela with 1,000,000% inflation?Whether it sparks a social revolution or forces the government to open up the economy, one thing for sure is that Venezuela's projected one million percent inflation will heap more misery on an alread...
What bubble? China’s record-breaking venture capitalists charge aheadChina's venture capital scene has been on fire this year and a record-breaking run to unicorn status by a Chinese coffee startup suggests it is not cooling yet. Luckin Coffee took just six months to r...
Qualcomm’s $44 billion NXP offer deadline passes, no word from ChinaThe deadline for Qualcomm Inc to buy NXP Semiconductors passed at midnight US eastern time without any word on Chinese regulatory approval, likely shutting the door on a deal embroiled in a bitter US-...
Hyundai Motor’s net profit down 14 percent on strong wonHyundai Motor Co. said Thursday its net profit for the second quarter fell 14 percent over a year earlier due to the South Korean won's strength against the US dollar. South Korea's largest automaker...
Airbus shares hit record after core profit tops forecastsAirbus posted higher than expected second-quarter earnings on Thursday and reaffirmed its full-year goals, as bottlenecks of undelivered aircraft began to ease and costs tumbled on the group's newest...