FedEx Corp dented investor confidence in the new chief executive's vision to deliver a long-awaited turnaround at the shipping company, sending its shares into a freefall after it withdrew its full-year profit forecast last week.

HSBC Holdings Plc told Reuters on Thursday it will stop financing the expansion of thermal coal from funds it manages actively with immediate effect, marking an acceleration of a broader commitment it made last year.

ZURICH (Reuters) -The Swiss National Bank raised its policy interest rate by 0.75 percentage point on Thursday - only the second rise in 15 years - and said it could not rule out more hikes as it joined other central banks in tightening monetary policy to curb inflation.

SEOUL (Reuters) -South Korean President Yoon Suk-yeol asked U.S. President Joe Biden to help address Seoul's concerns that new U.S. rules on electric vehicle subsidies will hurt the country's automakers, Yoon's office said on Thursday.

SEOUL (Reuters) -South Korea's won fell more than 1% on Thursday, ending below a key psychological level for the first time in 13-1/2 years, as the U.S. Federal Reserve continued to aggressively raise interest rates, pressuring emerging market currencies.

SEOUL (Reuters) -South Korea's won tumbled past the psychologically important 1,400 level against dollar for the first time in 13-1/2 years on Thursday on the U.S. Fed's aggressive tightening and defying official warnings against sharp currency moves.