Trump’s US Treasury pick Bessent says dollar must remain world’s reserve currency
By David Lawder and Lawrence Delevingne WASHINGTON (Reuters) -Scott Bessent, U.S. President-elect Donald Trump’s choice to head the Treasury Department,...
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Toyota unit Hino Motors reaches $1.6 billion US diesel emissions settlement
By David Shepardson (Reuters) -Toyota Motor unit Hino Motors has agreed a $1.6 billion settlement with U.S. agencies and will...
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Yellen says Trump’s plan for new revenue agency won’t save money for taxpayers
By Andrea Shalal NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen said on Wednesday U.S. President-elect Donald Trump’s plan...
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Apple smartphone shipments from China fell 25% in Q4, Canalys says
BEIJING (Reuters) – Apple (NASDAQ:AAPL) smartphone shipments in China fell 25% in the fourth quarter, while Huawei’s rose 24%, data...
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Bank of Korea keeps interest rates unchanged amid political turmoil
Investing.com– South Korea’s central bank unexpectedly kept interest rates unchanged on Thursday amid heightened political uncertainty in the country after...
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Bank of Korea unexpectedly holds policy rate amid won slide
By Cynthia Kim and Jihoon Lee SEOUL (Reuters) – South Korea’s central bank unexpectedly left its policy interest rate unchanged...
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Venezuela inflation was 48% year-on-year in 2024, Maduro tells lawmakers
CARACAS (Reuters) – Venezuela inflation was 48% annually in 2024, the lowest in 12 years, Venezuelan President Nicolas Maduro told...
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Japan firms face serious labour crunch from aging population, survey shows
TOKYO (Reuters) – Two-thirds of Japanese companies are experiencing a serious business impact from a shortage of workers, a Reuters...
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Cooling inflation eases rate jitters, but Macquarie continues to see just one cut
Investing.com — The surprise dip in core inflation in December eased some jitters about a long Federal Reserve pause, but...
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Drake sues longtime label UMG for defamation over Kendrick Lamar’s ‘Not Like Us’
By Jonathan Stempel NEW YORK (Reuters) – Drake sued his longtime label on Wednesday, accusing Universal Music Group (AS:UMG) of...
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