Russian Foreign Minister Sergei Lavrov expressed support for North Korea’s policies in a speech commemorating the 75th anniversary of the establishment of diplomatic ties between Pyongyang and Moscow, according to North Korea’s official Korean Central News Agency.
Taiwan Semiconductor Manufacturing Co. projected quarterly revenue ahead of analysts estimates, reflecting expectations for an improved chip market outlook despite China’s uneven economic recovery.
South Korean authorities arrested a senior Kakao Corp. executive for alleged stock price manipulation connected to a high-profile bidding war over K-pop agency SM Entertainment Co. earlier this year.
Christoph Gebald’s company, Climeworks, is a pioneer in carbon-capture technology. Can it grow quickly enough to make an impact in the climate fight?
European equities carried over a weak Asian session as rising Treasury yields and escalating tensions in the Middle East soured investor appetite for risk assets.
Diplomatic efforts continue Thursday to contain the impact of the Israel-Hamas war and speed the access of vital aid to Gaza. United Nations Secretary-General Antonio Guterres is due in Egypt, while UK Prime Minister Rishi Sunak will begin a two-day trip to Israel and the wider region.
Renault SA’s third-quarter sales climbed 7.6% as demand remained strong for the French carmaker’s lineup of new models such as the Austral.
Bank of Korea Governor Rhee Chang-yong warned of the risk of market jitters stemming from the Israel-Hamas conflict after the central bank stood pat on interest rates while monitoring developments in inflation, household debt and the Middle East.
Suzuki Motor Co. ranked last while other Japanese carmakers fared poorly in Greenpeace’s latest assessment of their progress in phasing out fossil fuels and shifting to electric cars.
A selloff in Asian shares deepened, as investors fretted over higher Treasury yields and escalating tensions in the Middle East.
