Finance

Apple and Dell supplier Pegatron expects US plant to be completed by end of March

Apple and Dell supplier Pegatron expects US plant to be completed by end of March

TAIPEI, Jan 23 (Reuters) – Taiwanese ​contract electronics ‌manufacturer Pegatron’s first ‌U.S. factory is expected to be ⁠completed ‌by the end of ‍March, with trial production to ​be...

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Japan’s central bank holds rates steady after bond sell-off and ahead of elections

Japan’s central bank holds rates steady after bond sell-off and ahead of elections

The BoJ held off on hiking its headline rate on Friday as expected, following signs of panic in Japan’s bond market this week. Just last month, the Japanese central bank raised its key inte...

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TikTok Seals Deal to Operate in the US After Years of Drama

TikTok Seals Deal to Operate in the US After Years of Drama

ByteDance (Bloomberg) — TikTok and its Chinese parent ByteDance Ltd. have closed a long-awaited deal to transfer parts of their US operations to American investors, securing the popular...

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TikTok reaches deal for new US joint venture to avoid American ban

TikTok reaches deal for new US joint venture to avoid American ban

WASHINGTON, Jan 22 (Reuters) – TikTok’s Chinese owner, ByteDance, finalized a deal ​on Thursday to set up ‌a majority American-owned joint venture company to ‌avoid a U.S. ban on the p...

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Solana Treasury Firm Blames Sniper for Suspicious Meme Coin Trades

Solana Treasury Firm Blames Sniper for Suspicious Meme Coin Trades

Publicly traded Solana treasury firm DeFi Development Corp. (DFDV) launched its own meme coin on Thursday—and soon became the subject of insider trading allegations on social media.  A trader, ide...

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FDIC clears way for Ford, General Motors to set up industrial banks

FDIC clears way for Ford, General Motors to set up industrial banks

WASHINGTON, Jan 22 (Reuters) – The Federal Deposit Insurance Corporation ​announced Thursday that it ‌had approved deposit insurance applications from ‌Ford Motor Company and General Motors ...

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