April 30 (Reuters) - Australia's securities regulator said on Tuesday that it had filed a lawsuit against Magnis Energy Technologies ( MNSEF ) and its chairman for failing to disclose details about the lithium-ion battery firm's U.S. manufacturing facility. The Australian Securities and Investments Commission (ASIC) alleged that Magnis, despite becoming aware of inaccuracies in its claims regarding funding of...

LONDON (Reuters) - Japan's yen saw a sudden jump on Monday, suggesting the country's authorities may have finally followed through on the FX market intervention warnings they have be making for months. Monday's moves follow a near-11% drop in the yen's value against the dollar this year and a 35% slump over the last three decades that has pushed it...

NEW YORK (Reuters) - Options on Secured Overnight Financing Rate (SOFR) futures are showing a higher probability that the Federal Reserve could hike interest rates a quarter percentage point this year and next as U.S. inflation and the labor market remain resilient. Bond investors look to SOFR futures, among other indicators, to gauge expectations on Fed policy rates. Options, on...

SEOUL (Reuters) -Samsung Electronics said on Tuesday it expected demand for artificial intelligence to hold strong in the second half, driving sales of memory chips and tech devices, as it reported a more than 10-fold rise in first-quarter operating profit. The South Korean company's memory chip sales nearly doubled in the first quarter from a year earlier as prices rose...