Questions behind the twin crises

The yen held most of its gains Friday after advancing more than 2% on Thursday. A rush to unwind yen-funded carry trades helped send the currency to a one-month high against the dollar as traders ramped up bets on…

A top-performing fund manager at Pacific Investment Management Co. is betting the next winners of the AI boom will be found outside of crowded US Big Tech firms, turning instead to Asian equipment suppliers, Chinese…

A fresh flare up in tit-for-tat attacks between the US and Iran put the Strait of Hormuz back in focus as gas, oil and other commodity prices rallied this week. With negotiations between the two sides grinding to a…

VW Approves Plan for 50,000 Additional Job Cuts (Video)

European natural gas headed for a fourth weekly gain as fresh fighting in the Middle East boosted concerns about prolonged supply disruptions and winter fuel inventories.

Economists think the European Central Bank will raise interest rates next week but not beyond that. The majority of respondents in a Bloomberg survey expect the deposit rate to be raised by a quarter-point to 2.5% on…