Japan's Ministry of Finance reportedly intervened twice recently to strengthen the yen, spending up to $35 billion in late April after the currency weakened past 160 yen per dollar. Despite these interventions, the yen's weakness persists due to large interest rate differences between the U.S. Federal Reserve and the Bank of Japan, which encourages carry trades against the yen. The Bank of Japan faces a dilemma: raising rates could strengthen the yen but hurt Japan's fragile economy, while interventions alone have limited lasting impact. Market watchers expect ongoing tension between Japan's monetary policy and currency stabilization efforts.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Hi-View Resources Inc. has started its 2026 exploration program in the Toodoggone Mining District, British Columbia, focusing on porphyry targets at key sites like Lawyer’s East, Borealis, and Golden Stranger. The program includes 50 line kilometres ...
The U.S. Patent and Trademark Office (USPTO) has introduced an AI-assisted image search feature in its public trademark search system, TM Search, using technology from Clarivate Plc. This new tool allows users to upload images and compare them agains...
AIB Data Centers Inc. is considered a speculative buy with a $3.50 price target based on its 65 MW energized capacity. The investment case depends heavily on securing a single anchor lease at its CLT-01 facility, which would validate its business mod...
Experian PLC started its 2027 financial year with a 10% revenue increase in the first quarter, driven by strong demand in North America and Latin America. Organic growth was 7%, with North America growing 7% despite a 2% drop in consumer services due...
