Bloomberg Markets
Alibaba Group Holding Ltd. shares slid to a 16-month low in Hong Kong after Anthropic PBC accused the Chinese technology giant of “illicitly” accessing its artificial intelligence model.
Financial Times
Brent crude drops below the $72.48 a barrel it traded at in late February before Iran conflict erupted
Bloomberg Markets
Venezuela has declared a state of emergency after massive back-to-back earthquakes toppled buildings in Caracas, knocked down power lines and devastated the capital’s main airport. (Source: Bloomberg)
Bloomberg Markets
The Hong Kong dollar is heading toward the weak end of its fixed trading range as multi-year low volatility and cheap borrowing costs make it easier for traders to short the currency against the greenback.
Bloomberg Markets
Even as Japan seeks to put the brakes on the yen’s slide to a 40-year low, the weak currency could land the country’s carmakers a $5.8 billion profit windfall this year.
Bloomberg Markets
A proposed regulatory review could allow brokers to tap more sources of funding.
Bloomberg Markets
Venezuela was hit by two big earthquakes, toppling buildings in Caracas and damaging the capital's main airport. (Source: Bloomberg)
Bloomberg Markets
Kioxia Holdings Corp. intends to offer US depositary shares in the spring of 2027, looking to take advantage of runaway demand for exposure to the AI rally in global semiconductor shares.
Yahoo Finance
Bloomberg Markets
inko Solar, one of the top five solar manufacturers in China, is looking to recoup expenses this year, as government measures alleviate the chronic overcapacity that has plunged the sector into more than two years of deep losses. (Source: Bloomberg)
Bloomberg Markets
Indonesia has spent decades establishing itself as one of the world’s most important emerging markets. Now the country — Southeast Asia’s largest economy, with a gross domestic product of about $1.5 trillion — risks losing that standing, potentially jeopardizing billions of dollars in foreign investment.
Bloomberg Markets
China urged domestic rating firms to curb the concentration of top-tier AAA ratings in the country’s bond market, taking its most concrete step yet to better assess credit risks after years of record defaults.
Financial Times
Local officials warn of fatalities as people left trapped under rubble