Justin Emerson
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US Dollar / Japanese Yen (USD/JPY) : Japan burns billions to revive the yen
The strengthening of the dollar against the yen became unsustainable for the Japanese authorities, who were forced to intervene on the foreign exchange market. A major operation was obviously carried out on May 1, enabling the USD/JPY pair to rise from 160.216 to 152.986. Following speculation, the rate recovered to 155.2 JPY to 1 USD on May 2.
May 02, 2024 at 09:46 am EDT
How does Elon Musk's compensation compare with that of other CEOs?
Tesla's attempt to seek a new shareholder vote on its CEO Elon Musk's record-breaking compensation, overturned by a Delaware judge in January, has once again put the spotlight on American corporate executive pay.
April 19, 2024 at 05:13 am EDT
NVIDIA Corporation : Silicon Valley wants to break Nvidia's CUDA software monopoly
Technology giant Nvidia, known for its cutting-edge artificial intelligence (AI) chips, finds itself at a crossroads. With a market capitalization of $2200 billion, the firm has established itself as the beating heart of the new era of generative AI, powering developers ranging from innovative start-ups to behemoths such as Microsoft, OpenAI and Alphabet, Google's parent company.
March 27, 2024 at 10:55 am EDT
China Vanke under scrutiny
China has urged state-owned banks to step up their financial support for property developer China Vanke and invited creditors to consider extending private debt maturities. According to those in the know, this is an exceptional intervention by the central government to come to the aid of an ailing real estate company.
March 11, 2024 at 10:26 am EDT
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