Ex-time Warner CEO Richard Parsons Dies | Year-end Trading Asian Stocks Drift
Richard D. Parsons, a prominent American businessman known for his leadership in media and finance, has passed away at the age of 76. Parsons was credited with turning around Time Warner after its troubled merger with AOL and played a crucial role in helping Citigroup navigate the financial crisis. In another development, Asian stocks wobbled while the dollar was steady, keeping the yen rooted near five-month lows in thin year-end trading as investors look ahead to 2025. Federal Reserve is expected to be measured in its interest rate cuts. Watch NDTV'S The World Report for the latest updates.
