Investors stayed bearish on most emerging Asian currencies and turned short on Thailand's baht for the first time in three months, as uncertainty from Russia's invasion of Ukraine and inflationary risks remained, a Reuters poll found on Thursday.
A sharp sell-off in U.S. Treasuries has increased concerns about low levels of liquidity in the $23.5 trillion market, potentially amplifying losses for investors which already had a dire start to the year.
Stocks mixed, oil prices dip as West targets Russian gold
Toshiba Corp shareholders on Thursday voted against its plan to spin off the devices unit, but a separate motion backed by activist shareholders that called for the conglomerate to solicit buyout offers also failed to gain sufficient support.
The U.S. dollar found some support in Asia on Thursday as commodity currencies took a breather from a steep rally driven by rising prices for exports, while a recovery in the U.S.
The dollar rose for the fourth time in the past five sessions, as economic data on the labor market helped firm expectations the U.S.
U.S. stocks rose following choppy trading abroad on Thursday, and oil prices pulled back, as investors watched a meeting of NATO leaders on Russia's invasion of Ukraine.
With the war in Ukraine halting deliveries of crucial car parts, Volkswagen and its suppliers are scrambling to find solutions abroad, while trying to reassure Ukrainians they aren't abandoning the country.
Russian President Vladimir Putin on Wednesday said the world's largest natural gas producer would soon require "unfriendly" countries to pay for their fuel in Russia's currency, the rouble.
Some wins for US labor, but big picture stays tough
Toshiba shareholders reject spin-off plan in key vote
By Scott DiSavinoNEW YORK -Crude prices slid 2% on Thursday after the European Union (EU) could not agree on a plan to boycott Russian oil and on reports that exports from Kazakhstan's Caspian Pipeline Consortium (CPC) terminal could partially resume.
The shares on sale matched the amount that Hong Ra-hee, mother of Samsung Electronics Vice Chairman Jay Y. Lee and wife of deceased Samsung patriarch Lee Kun-hee, agreed to keep in trust with Kookmin Bank in October, according to a Samsung Electronics filing.
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Japan's troubled Toshiba Corp goes into a critical shareholder vote later on Thursday facing very long odds for winning support for its plan to spin-off its devices business.
The European Union and United States are set to unveil a deal on Friday to supply Europe with more U.S.
European Union leaders are set to agree at a two-day summit starting on Thursday to jointly buy gas as they seek to cut reliance on Russian fuels, with some saying they would not comply with Moscow's demand to buy oil and gas using roubles.
EU leaders are expected to agree at a two-day summit starting on Thursday to jointly buy gas, as they seek to cut reliance on Russian fuels and build a buffer against supply shocks, but the bloc remains unlikely to sanction Russian oil and gas.
Electric heavy-truck company has started producing its electric powered semi trucks with expectation to be ready for routes by later this year.
Renault suspends work at Moscow factory: company
US assesses Russia committed war crimes in Ukraine
Madeleine Albright, first female US secretary of state, dies at 84
Renault SA, the Western carmaker most exposed to the Russian market, said on Wednesday it would suspend operations at its plant in Moscow while it assesses options on its majority stake in Avtovaz, the country's No.
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LG Energy Solution (LGES), a supplier for electric car makers Tesla and Lucid, said on Thursday in Korea it plans to invest 1.7 trillion Korean won ($1.4 billion) to build a battery factory in Arizona by 2024 to meet demand from "prominent startups" and other North American customers.
South Korea's LG Energy Solution plans to build a battery factory in Arizona to supply to Tesla and other customers, two persons familiar with the matter told Reuters.
LG Energy Solution (LGES), a supplier for electric car makers Tesla and Lucid, said on Thursday in Korea it plans to invest 1.7 trillion Korean won ($1.4 billion) to build a battery factory in Arizona by 2024 to meet demand from "prominent startups" and other North American customers.
Global banks including Citigroup Inc, JPMorgan Chase & Co and Societe Generale face pressure to commit to remaining as custodian banks in Russia, as rivals and funds fret they may lose services critical to future investment in the country.
U.S. pipeline operator Tallgrass Energy is looking for growth from international markets and recently hired a business development professional to lead such efforts, the company said on Wednesday.
The first Beyond Meat and PepsiCo product coming to stores in March will be the meatless jerky.