Stellantis Makes Strategic Investment in Chinese EV Maker Leapmotor
TL;DR Summary
The Japanese yen has fallen to its lowest level in a year, as the currency weakened against the US dollar due to rising Treasury yields and expectations of a strong economic recovery in the United States. The decline in the yen reflects a broader trend of investors favoring riskier assets and higher-yielding currencies, while seeking refuge from the low interest rates in Japan.
- Live news: Japan's yen falls to lowest level in a year Financial Times
- Stellantis Buys Stake in Leapmotor to Fill China EV Gap Yahoo Finance
- Stellantis resets China strategy with $1.6 bln stake in EV firm Leapmotor Reuters
- Stellantis to Become a Strategic Shareholder of Leapmotor with €1.5 Billion Investment and Bolster Leapmotor's Global Electric Vehicle Business Stellantis
- Stellantis (NYSE:STLA) Nears Deal to Buy Stake in Chinese EV Maker - TipRanks.com TipRanks
- View Full Coverage on Google News
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