The Singapore's state investment company Temasek has cut salaries for the team that was responsible for state fund investment into the FTX cryptocurrency exchange.
Price Waterhouse Coopers has put nine partners on leave and started to overhaul its board of executives in Australia due to the recent tax document leak scandal.
The Chinese Commerce Minister Wang Wentao has addressed the Japanese government asking it to stop the restrictions on chip exports to China.
NVidia Corporation and MediaTek have partnered up to collaborate and develop advanced vehicle information and entertainment systems.
The United States Commerce Secretary Gina Raimondo has announced that the US won't tolerate the Chinese ban on purchases of Micron Technology memory chips.
Due to an ongoing strengthening of the US Dollar, the EUR/USD currency exchange rate has declined to trade below 1.0700. The rate has not been at these levels since March.
The CEO of JPMorgan Chase & Co Jamie Dimon has visited China and during the visit announced that the US and China need to increase engagement.
This week, the CEO of Tesla Elon Musk has visited China to meet with top officials of the country among which are Foreign, Commerce and Industry Ministers.
The Turkish President Tayyip Erdogan has won the Turkish Presidential Election and has extended his rule into a third decade by defeating Kemal Kilicdaroglu.
The CEO of NVidia Jensen Huang has stated at an event in Taipei that due to AI everyone can become a computer programmer via speaking to a computer.
The Japanese stock index Nikkei has hit a high level not seen since 1990. The index traded at 31,560,43 during Monday's trading. The surge was attributed to a decline of the Yen, which in turn was caused by the US debt deal announcement causing a strengthening of the US Dollar.
The US President Joe Biden and House Speaker Kevin McCarthy have agreed to suspend the $31.4 trillion debt ceiling until January 1 of 2025. The two parties have sent a legislative proposal to the US Congress.
Reuters has reported that a surge in airline customer complaints has forced regulators to put airlines under review in Canada, United States and the European Union.
US sanctioned Chinese firm stocks have experienced a share price boom, as patriotic Chinese investors have been buying up the equity of these firms.
The Turkish Lira has reached a record low level against peer currencies. The USD/TRY traded above 20.0750 during mid-European hours. The drop of the currency was caused by the re-election of Recep Rayyip Erdogan as the country's President.
The Wall Street Journal has reported that the person, which reported on a major bribery case at Ericsson in 2019, has been awarded $279 million by the US Securities and Exchange Commission.
The worldwide grain trader Viterra has been negotiating a merger with US competitor Bunge. The deal might reshape how global grain trade operates.
The New York City Banking Commission has voted to stop deposits into the city's accounts at Capital One and KeyBank after a failure of the bank to submit anti-discrimination plans.
The US Justice Department has revealed that in the upcoming months it would take actions against short sellers, which are being blamed for the recent US regional bank rout.
The US Bureau of Economic Analysis has just published its monthly Core PCE Price Index. The index was expected to reveal personal consumption expenditures to have increased by 0.3%. The actual increase has been revealed to be 0.4%.
Reuters has reported that HSBC is considering leaving a dozen of countries and concentrate its efforts on Asia.
Amazon stockholders have voted to decline all 18 propositions made by other shareholders at the company's annual investor meeting.
German statistics office has revealed that the country's GDP has declined in the first quarter of the year by 0.3%, compared to the previous quarter. The new data confirms that the country has entered a recession.
The rating agency Fitch has announced that it has put the US AAA debt rating on negative watch due to the failing US debt ceiling talks.