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Phat Dat, one of the six largest property companies firms on the stock market, reported a slump in third quarter revenues to VND11 billion (US$444,000). They were down from nearly VND1.27 trillion a year earlier and the lowest since late 2018. In the year to date, the HCMC company’s revenues …

Japanese currency authorities declined on Monday to confirm whether the government had intervened in the currency market on Friday, signalling their determination to engage in a war of nerves with traders selling the yen. Any respite from such an intervention appeared to be brief, however, with dollar/yen rising 1.3% to …

Former prime minister Boris Johnson pulled out of the contest to become Britain’s next leader on Sunday, saying he had the support of enough lawmakers to progress to the next stage but far fewer than front-runner former finance minister Rishi Sunak. “There is a very good chance that I would …