Bloomberg Top News

The yen briefly weakened beyond 150 against the dollar again as the wide yield gap between Japan and the US continues to weigh on this year’s worst-performing major currency.

Shares of Samsung Electronics Co. are on track to underperform those of its smaller memory-chip rival SK Hynix Inc. by the most in a decade as investors bet the latter will be the winner in artificial intelligence.

South Korea’s early exports returned to growth for the first time in more than a year in another indication of recovering external demand that will offer some reassurance to investors and policymakers monitoring the health of global commerce.

Singapore will centralize natural gas purchases in a bid to improve the stability and security of its power sector.

Oil edged lower — after two weeks of gains — as Israel held off on its ground invasion of Gaza amid diplomatic efforts to secure the release of more hostages.

Hon Hai Precision Industry Co. fell its most in more than three months after Beijing launched a series of investigations into its operations in China, targeting a key Apple Inc. supplier and one of the country’s largest employers.

The BOJ is likely to tighten during the first half of 2024, a majority says in Bloomberg survey

Unplanned coal power plant outages, the impact of natural disasters on transmission lines and huge deployments of rooftop solar have made Australia the world’s most volatile power market, according to Rystad Energy.