Browsing: U.S. dollar

China forex reserves fall in March to $3.34 trillion

Business April 9, 2026

BEIJING: China’s foreign exchange reserves fell to $3.3421 trillion at the end of March, official data showed on April 7, as a stronger…

South Korea FX reserves fall in March on stronger dollar

Business April 3, 2026

SEOUL: South Korea’s foreign exchange reserves fell in March as a stronger U.S. dollar reduced the converted value of non-dollar assets and…

Tariffs under Trump keep gold steady as traders await clarity

Kiyosaki sees Bitcoin as protection against inflation, fiat decline

Crude extends gains amid OPEC+ uncertainty and weaker U.S. dollar

Porsche to cut 5000 more jobs under restructuring plan

Automotive July 28, 2026

The decision brings total planned job eliminations across the company to approximately 9,000 positions, representing roughly 21 percent of its 42,066 workforce. Company leadership confirmed that Porsche to cut 5,000 more jobs under restructuring plan negotiations following months of talks between management and labor councils. The initiative aims to bolster operational efficiency as the vehicle producer confronts declining market share in Asia, elevated global tariffs, and sluggish demand for electric vehicles.