Japan’s top FX diplomat Kanda will respond to yen moves ‘appropriately’
By Tetsushi Kajimoto TOKYO (Reuters) -Japan will closely watch currency market moves and respond “appropriately” as needed, the country’s top…
Business
In the Market: Amid the calm, the Fed brews the next storm
By Paritosh Bansal (Reuters) -Having navigated the financial crisis of 2008, Neel Kashkari worries about systemic risks. But now, as…
ECB warns of hit to top European banks if funds run into trouble
(Corrects day of the week in first paragraph) FRANKFURT (Reuters) – The euro zone’s top banks may take a hit…
Binance Australia customers seen selling bitcoin at a discount
SINGAPORE (Reuters) -Bitcoin prices on the Australian arm of Binance, the world’s largest crypto-currency exchange, were at a 20% discount…
U.S. Justice Department probes California refinery over emissions
By Laura Sanicola (Reuters) -The U.S. Department of Justice is investigating a California unit of oil refiner PBF Energy Inc…
Toyota, Daimler strike deal to combine Japanese truck operations
TOKYO (Reuters) – Daimler Truck Holding AG and Toyota Motor Corp have struck a preliminary deal to combine their truck…
Siemens Energy plans U.S. power grids push to tap into IRA boost
By Christoph Steitz HAMBURG (Reuters) – Siemens Energy is considering setting up production in the United States to help modernise…
More insurers desert net-zero alliance as U.N. climate group sounds alarm
By Tommy Wilkes LONDON (Reuters) -Lloyd’s of London became the sixth organisation to quit a net-zero alliance for insurers within…
Investors have poured $756 billion into cash funds this year – BofA
LONDON (Reuters) – Investors have poured $756 billion into cash funds this year, Bank of America said in a note…
BHP taps Microsoft, AI, to improve recovery at top copper mine
MELBOURNE (Reuters) – BHP Group has teamed up with Microsoft Corp to improve copper recovery from its Escondida mine in…