Parallel Web Systems reaches $2 billion valuation five months after its previous funding round. The company's latest financial milestone follows a period of growth since its last major capital raise.

Japan Finance Minister Katayama says the government is nearing the timing to take bold action on foreign exchange markets. The remarks follow repeated warnings regarding potential intervention to address currency volatility.

Japanese Finance Minister Katayama stated that the government is nearing the appropriate timing to take bold action regarding foreign exchange markets.

Volkswagen CEO announces plans to cut production capacity by 500,000 vehicles in Europe. The move marks a significant shift for the automaker's regional manufacturing footprint.

Volkswagen CEO has announced plans to reduce production capacity by 500,000 vehicles across its European operations.

Meta, Alphabet, Microsoft, and Amazon report record $130 billion in combined capital expenditures for Q1 2026. The companies are projected to reach $725 billion in total spending for the year, marking a 77% increase over 2025 levels.

Meta, Alphabet, Microsoft, and Amazon reported a record $130 billion in combined capital expenditures for the first quarter of 2026, with projections for the full year reaching $725 billion.

The Indonesian rupiah hits a record low of 17,377 against the US dollar. The currency continues to face downward pressure in global foreign exchange markets.

The Indonesian rupiah has declined to a record low of 17,377 against the US dollar.