BUSINESS

The United States said Monday it is opening an investigation into China's policies for its semiconductor industry

US Probes China Chip Industry On 'Anticompetitive' Concerns

The United States said Monday it is opening an investigation into China's policies for its semiconductor industry, over concerns that Beijing is turning to "extensive anticompetitive and non-market means" to undermine other economies.

Honda And Nissan To Launch Merger Talks

Honda and Nissan were expected to announce the start of tie-up talks Monday
Japanese auto giant Honda and its struggling rival Nissan agreed Monday to launch talks on a merger seen as a bid to catch up with Chinese rivals and Tesla on electric vehicles.
Credit Suisse was hit by a string of scandals before being taken over by UBS

Credit Suisse Collapse Probe Slams Banking Regulator

Switzerland's financial regulator was ineffective in tackling the scandals at Credit Suisse, where executive mismanagement scuppered the bank and nearly triggered a global financial crisis, a Swiss inquiry concluded Friday.
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The ECB is set to cut interest rates for a fourth time this year

ECB To Cut Rates Again Amid Bleak Eurozone Outlook

The European Central Bank is expected to cut interest rates again this week amid a darkening outlook, with political turbulence in the eurozone's two biggest economies adding to the troubled picture.
Germany's blue-chip DAX index has defied domestic gloom to hit a milestone

Defying Headwinds, Germany Stocks Hit Milestone

Germany's blue-chip DAX stock index jumped above 20,000 points for the first time Tuesday following gains on US and Asian markets, defying multiple headwinds battering Europe's biggest economy.
Workers at German auto giant Volkswagen are to stage strikes from Monday against the company's  cost-cutting plans that includes the closure of some factories

Thousands Strike At Volkswagen's Germany Plants

Thousands of Volkswagen workers went on strike Monday in an escalating industrial dispute, with unions warning that the crisis-hit German auto giant is intent on making mass layoffs and closing factories.
The yen rallied after forecast-topping Tokyo inflation data boosted bets on a Bank of Japan interest rate hike

Yen Rallies On Rate Hike Bets As Equity Markets Swing

The yen rallied Friday after forecast-busting inflation data out of Tokyo boosted talk of another Japanese interest rate hike next month, while equity markets were mixed as traders weigh the economic outlook during a second Trump administration.

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