Indonesian Rupiah Falls to Record Low as Markets Reopen
Indonesia's currency hit a new record low against the dollar as financial markets reopened, with oil prices cited as a contributing factor.
Indonesia's currency hit a new record low against the dollar as financial markets reopened, with oil prices cited as a contributing factor.

Barbecue restaurants in Texas are losing money on brisket sales due to high beef prices, forcing them to promote alternative menu items.
Pharmaceutical company Merck exceeded quarterly estimates as sales rose 5% to $16.29 billion, powered by 12% growth in its flagship Keytruda cancer treatment.
Recent shipping and trading activity highlights ongoing developments in global energy markets across multiple regions.
Japan plans to announce an extra budget that will be partially funded through new government debt issuance.
South Korea's parliament approved legislation to facilitate the country's $350 billion investment commitment in the United States.
Several major corporations posted lower first-quarter earnings, citing challenges from geopolitical tensions, immigration policies, and market headwinds.
Fashion retailer PVH Corp revised its annual revenue forecast downward, citing impact from Middle East tensions on sales performance.

Central banks have increased their use of yuan swap arrangements with China's central bank to the highest level in two years as global currency dynamics shift.

Various financial and technology companies announced strategic changes, downgrades, and new fund launches amid evolving market conditions.
Wall Street firms distributed a record $49.2 billion in bonuses, with average payouts nearing $250,000 per employee amid ongoing market uncertainty.
LG Electronics expects significant first-quarter profit recovery driven by improved performance across appliances, TV and automotive components.

Activist investor Elliott Management has built a significant position in semiconductor design software maker Synopsys.

A federal appeals court ruled that New Jersey gaming regulators lack authority to prevent Kalshi from operating sports-related prediction markets in the state.

Warren Buffett said he sold Apple stock too early and would buy more, while also indicating he remains active in investment decisions at Berkshire Hathaway.
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