Shares in Asia declined as Treasury yields surged after the latest US inflation data bolstered bets on Federal Reserve rate hikes. Bonds in New Zealand and Australia joined the selloff in early trading Friday.
TikTok Inc.’s operations are not in full compliance with Malaysian laws and it needs to be more proactive in curbing the spread of fake news on the social media platform, according to Communications Minister Fahmi Fadzil.
President Joe Biden will make his formal request for additional foreign aid next week, including aid for Israel and Ukraine.
Electronic Arts Inc. may seek to reengage with global soccer body FIFA even though the two organizations failed to reach a new agreement over the company’s use of the brand in its video games.
Montana faced skepticism over its statewide ban of TikTok Inc. from a federal judge who said the state might have overreached in enacting a law that appears to be out of step with the rest of the US.
A group of investors in Terran Orbital Corp., which has lost more than 90% of its market value since going public in a blank-check deal last year, is calling on the aerospace and defense company to launch a strategic review and oust its chief executive officer.
Gamemaker says it consulted with family of the late Miłogost Reczek
Caroline Ellison emerged from hours of questioning by Sam Bankman Fried’s lawyer with her story largely intact, as the defense struggled to shake her testimony that the FTX co-founder masterminded a multibillion-dollar fraud.
The co-founder and former chief executive officer of Voyager Digital Ltd. broke derivatives rules while at the helm of the crypto lender, leading to its bankruptcy and $1.7 billion in customer losses, US regulators alleged Thursday.
Two members of the billionaire family that controls Rogers Communications Inc. are suing the company, saying they’ve been frozen out of board meetings and blocked from getting information, reigniting a bitter power struggle within one of Canada’s wealthiest clans.
