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Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024.

Oil, Japan's yen up on reports Israeli missiles hit Iran

Reuters |Updated 8 minutes ago |5 min read

(Reuters) -Oil and gold prices rose and Japan's yen rallied on Friday on reports Israeli missiles have hit a site in Iran. Israel has struck Iran, three people familiar with the matter said, as Iranian state media reported early on Friday that its ...

A panel displays the Hang Seng Index during afternoon trading, in Hong Kong, China May 4, 2020.

Stocks sink, oil jumps as Middle East attack reports unnerve markets

Kevin Buckland |Updated 8 minutes ago |2 min read

By Kevin Buckland TOKYO (Reuters) -Asian shares and bond yields sank on Friday while safe-haven currencies, gold and crude oil jumped after reports of a sharp escalation in Middle East hostilities. MSCI's broadest index of Asia-Pacific shares dived ...

People walk past an Apple store in Shanghai, China September 13, 2023.

Apple pulls WhatsApp, Threads from China app store after Beijing order

Reuters |Updated 50 minutes ago |2 min read

By Josh Ye and Mrinmay Dey (Reuters) -Apple said on Friday it had removed Meta Platforms' WhatsApp and Threads from its App Store in China after being ordered to do so by the Chinese government, which cited national security concerns. Other Meta apps ...

File photo: A teller sorts U.S. dollar banknotes inside the cashier's booth at a forex exchange bureau in downtown Nairobi, Kenya February 16, 2024.

Aussie, NZ dollars tumble on risk-off moves; yen rises

Rae Wee |Updated 1 hour ago |3 min read

By Rae Wee SINGAPORE (Reuters) -A wave of risk aversion swept over markets on Friday and sent the Australian and New Zealand dollars sharply lower, while the yen found support on safe-haven gains following media reports that explosions had occurred ...

The logo of Paramount Pictures studios is pictured after the Writers Guild of America (WGA) said it reached a preliminary labor agreement with major studios in Los Angeles, California, U.S., September 24, 2023.

Sony, Apollo discuss joint bid for Paramount, says source

Dawn Chmielewski |Updated 3 hours ago |2 min read

By Dawn Chmielewski (Reuters) - Sony Pictures Entertainment and Apollo Global Management are discussing making a joint bid for Paramount Global, according to a person familiar with the matter. The companies have yet to approach Paramount, which ...

The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019.

Oil prices surge 3% on reports of Israeli strikes on Iran

Laila Kearney |Updated 1 hour ago |2 min read

(Reuters) -Oil prices jumped $3 a barrel on Friday in reaction to reports that Israeli missiles had struck a site in Iran, sparking concerns that Middle East oil supply could be disrupted. The benchmark contracts surged more than $3 then eased ...

A smartphone with a displayed TSMC (Taiwan Semiconductor Manufacturing Company) logo is placed on a computer motherboard in this illustration taken March 6, 2023.

TSMC's Taipei-listed shares slide 6% on global chip outlook concerns

Reuters |Updated 40 minutes ago |2 min read

TAIPEI (Reuters) -Taipei-listed shares of TSMC fell more than 6% on Friday following the company's first-quarter earnings report where it retained its capex and full-year revenue guidance and flagged only a gradual recovery for the chip sector.

Visitors take photographs in front of the logo of Hyundai Motor during the 2019 Seoul Motor Show in Goyang, South Korea, March 28, 2019.

Hyundai pauses ads on X over brand safety issues

Reuters |Updated 4 hours ago |1 min read

(Reuters) - South Korea's Hyundai said on Friday that it had paused advertising on X, formerly known as Twitter, and is speaking to the Elon Musk-owned social media platform directly about brand safety issues. It was not immediately clear why the ...

A view of a vegetable stand with prices at a supermarket in Tokyo, Japan, March 24, 2023.

Japan's March core inflation slows, weak yen complicates BOJ move

Reuters |Updated 59 minutes ago |2 min read

By Satoshi Sugiyama and Makiko Yamazaki TOKYO (Reuters) -Japan's core inflation slowed in March and an index gauging broader price trends fell below 3% for the first time in over a year, data showed on Friday, as analysts say yen weakness could ...

President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at a European Financial Forum event in Dublin, Ireland February 13, 2019.

Fed's Bostic: open to a rate hike if inflation progress stalls

Reuters |Updated 6 hours ago |1 min read

(Reuters) - Atlanta Federal Reserve Bank President Raphael Bostic on Thursday said that if inflation does not continue to move toward the U.S. central bank's 2% goal, as he expects it will, central bankers would need to consider an interest-rate ...

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