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Asian stocks rally fades as Japan debt sale disappoints
Asian stocks rally fades as Japan debt sale disappoints
Economy
by  AFP

Asian equities wobbled Wednesday as investors struggled to track a Wall Street rally fuelled by forecast-beating US consumer confidence data, with a weak Japanese debt sale adding to worries about rising bond yields. Bonds yields rise and prices fall when demand is weak.

Jeep owner Stellantis names Italian Antonio Filosa as new CEO
Jeep owner Stellantis names Italian Antonio Filosa as new CEO
Economy
by  AFP

Auto giant Stellantis, whose brands include Jeep, Peugeot and Fiat, on Wednesday named company veteran Antonio Filosa as its new chief executive officer as the US-European group navigates US tariffs and slumping North American sales. Filosa, who has previously served as chief executive of the Jeep brand, was promoted to the role of chief operating officer for the Americas region in December.