Showing results for "Asia Opportunities (WF)"
technology
Huawei’s Growing Role in the US-China Tech War, From 5G to SemiconductorsWhen the Trump administration blacklisted Huawei Technologies Co. in 2019 over spying concerns, the move almost wiped out the Chinese company’s global smartphone business. Yet it bounced back with the support of China’s government, and is now at the center of national efforts to achieve technological independence from the West.April 29, 2024
markets
Stock Markets Today: S&P 500, Tesla, Fed, Rate Cuts, Japan, Yen, InterventionGood morning. Jay Powell could be hawkish this week, Elon Musk makes a successful trip to China and Japan’s yen goes wild during a holiday. Here’s what people are talking about. — Sofia Horta e CostaWant to receive this newsletter in Spanish? Sign up to get the Five Things: Spanish Edition newsletter.April 29, 2024
markets
Yen Rebounds Strongly After First Slide Past 160 Since 1990The yen surged after touching its weakest level against the dollar in 34 years, igniting a debate that went unresolved over whether the Japanese government had finally intervened to support its beleaguered currency for the first time since 2022.April 29, 2024
technology
Sachem Head to Get Delivery Hero Board Seat After Activist Builds StakeDelivery Hero SE has struck a deal with Sachem Head Capital Management to nominate the activist investor’s managing partner Scott Ferguson to its supervisory board, after the firm built a 3.6% stake in the food delivery company.April 29, 2024
markets
Japan Opts to Keep Traders in Dark on Whether It IntervenedJapan’s top currency official opted to keep market players in the dark over whether Tokyo had intervened in the currency market Monday following a sharp move in the market that sliced 2% off the dollar-yen exchange rate.April 29, 2024