Reckoning they have little to lose with prices so ridiculously low, South Korean speculators in recent days have piled into Luna, a cryptocurrency that lost 99.99% of its value last week after its paired stablecoin TerraUSD collapsed.
A rapid decline in the yen and market distortions caused by current monetary settings have raised the political heat on the Bank of Japan as it becomes increasingly isolated in a world of hawkish-leaning central banks.
British Airways owner IAG announced plans on Thursday to order 50 Boeing 737 MAX jets, reviving part of a stalled bid to replace Europe's Airbus for some of its short-haul flights while handing support to struggling Boeing.
Georgia Governor Brian Kemp will announce on Friday that Hyundai Motor Group is investing more than $7 billion in the state, an announcement coinciding with a visit by President Joe Biden to Seoul, sources told Reuters.
Chinese chess checks in with hushed SEA Games debut
Low-cost carrier easyJet said it was "in the right place" to meet pent-up demand for summer flights, with bookings above pre-pandemic levels in the last 10 weeks and sold ticket yields for the fourth quarter 15% higher than in 2019.
Canada's Brookfield Asset Management has agreed to buy British home repair services firm HomeServe for 4.08 billion pounds ($5.04 billion), as it looks to broaden its exposure to UK residential infrastructure investments.
Biden opens SKorea trip at Samsung plant as NKorea nuclear fears mount
Deutsche Bank looked to open a new chapter on Thursday as its shareholders voted in a successor to Paul Achleitner as chairman, after a rocky decade during which Germany's largest lender lost billions and saw its share price plummet.
Woodside Petroleum's shareholders on Thursday voted for a merger with BHP Group's petroleum arm to create a top 10 global independent oil and gas producer worth $40 billion, according to a vote count at the company's annual meeting.
More than one million American lives have been lost to the COVID pandemic, a staggering milestone.
Rare monkeypox outbreaks detected in N.America, Europe
Stock markets slump on recession fears
The Neko LLC is a blockchain development company that focuses on blockchain innovation through decentralized technology products.
Oil prices rebounded from two days of losses in a volatile session on Thursday, bolstered by weakness in the dollar and expectations that China could ease some lockdown restrictions that could boost demand.
Oil prices fell on Thursday on concerns that high fuel prices could hurt economic growth, but a planned easing of restrictions in Shanghai and a tight supply outlook limited losses.
The dollar slipped across the board on Thursday, falling to a 2-week low, extending its pullback from a two-decade high, as most major currencies battered by the greenback's advance this year drew buyers.
Russian ballet star 'followed conscience' to leave Bolshoi
US midterms and the strange demise of the political center
US to fly in baby formula on military contracted planes
With a few dozen men, guerrilla group sows fear in Paraguay
'Transmitting violence': Livestream video's dark side
Fact Check: Pediatricians say homemade baby formula unsafe
More than 60% of Japanese companies want the central bank to end its policy of massive monetary easing this fiscal year due to pain from the weak yen, with roughly a quarter calling for it to take action now, a Reuters survey shows.
Melvin Capital, once one of Wall Street's most successful hedge funds which then lost billions in the meme stock saga, will shut down after it was hit again by this year's market slump.
Top U.S. energy companies Chevron and Schlumberger have withdrawn an application to capture carbon dioxide emissions and store them deep underground in central California, spokespeople said on Wednesday, putting the clean-energy project on hold after U.S.
Another opposition leader arrested in Nicaragua
U.S. labor officials on Wednesday asked Mexico to probe whether workers at a Panasonic auto parts factory were denied labor rights, marking the third U.S.
U.S. labor officials on Wednesday asked Mexico to probe whether workers at a Panasonic auto parts factory were denied their rights, marking the third U.S.
The Google subsidiary announced its intention to file for bankruptcy, though it is unclear if that directly results from the seizure of its bank accounts by Russian authorities.
