Japan Auto Stocks Fall Sharply as Yen Rebounds to One-Month High

Japanese auto stocks fell sharply as the yen rebounded to a one-month high due to growing expectations that the Bank of Japan could shift away from its ultralow interest rate policy. 


 
JD.com Shares Rise In Hong Kong After Earnings Beat

JD.com shares rose sharply in Hong Kong after the e-commerce giant's fourth-quarter results beat expectations and raised hopes for its outlook. 


 
How Apple Stands to Lose From Europe's New Tech Law

Under the new rules, the iPhone maker will open up parts of its lucrative app ecosystem, providing an opportunity for rivals like Google. 


 
Temu's Push Into America Pays Off Big Time for Meta and Google

The e-commerce discounter founded in China was the top advertiser by revenue at Meta Platforms last year, and was among the five top-spending advertisers at Google. 


 
Victoria's Secret shares plummet on weaker sales forecast, amid subdued apparel demand

Victoria's Secret said it forecast sales of $6 billion for the year ahead, below Wall Street's estimates for $6.19 billion. 


 
Berkshire Buys More Liberty Sirius XM, Now Owns $2.2 Billion of Tracking Stock

The shares were purchased this week. 


 
Emergent BioSolutions Enters Forbearance Agreement

Emergent BioSolutions has entered into a forbearance agreement with lenders. 


 
Boeing Response in Alaska Airlines 737 MAX Probe Is Blasted by Feds

The chair of the National Transportation Safety Board said Boeing hasn't provided names and documents related to the midair blowout of a door plug earlier this year. 


 
Bus Operator Coach USA Taps Financial Restructuring Advisers

The private-equity-owned transportation provider is preparing for a balance sheet restructuring, potentially in bankruptcy. 


 
New York Community Bancorp to Get More Than $1 Billion Investment

Former Treasury Secretary Steven Mnuchin's Liberty Strategic Capital is among the investors in the troubled lender.


(END) Dow Jones Newswires

03-07-24 0115ET