South Korean stocks slump most since late 2008 in tech rout
South Korea's stock market marked its worst session since the global financial crisis of 2008 on Monday, with trading curbs activated for the first time in four years,
August 05, 2024South Korea's stock market marked its worst session since the global financial crisis of 2008 on Monday, with trading curbs activated for the first time in four years,
August 05, 2024Share markets around the world tumbled and bonds rallied on Monday as fears the United States could be heading for recession sent investors rushing from risk assets while wagering interest
August 05, 2024U.S.-listed shares of crypto-linked companies slumped as bitcoin fell more than 15% on Monday, after weak economic data last week triggered fears of a recession and set off a frenzied
August 04, 2024Growth in China's services activity accelerated in July helped by new orders, although momentum in overseas demand eased to its slowest pace in 11 months, a private-sector survey
August 05, 2024A surge in the yen to a seven-month high led a broad dollar fall, as a slew of economic data last week raised the prospect of a U.S. economic
August 04, 2024Japan's benchmark Nikkei 225 index has soared nearly 11% a day after it set markets tumbling in Europe and on Wall Street
August 04, 2024Oil fell in volatile trade on Monday as a selloff continued on global stock markets, but the slide was limited by fears Iran's retaliation for the assassination of a
August 04, 2024At least two of the Bank of Japan's nine board members called for an early interest rate increase at a policy meeting in June, minutes showed on Monday, underlining
August 04, 2024China Evergrande's electric vehicle group said on Monday a Chinese court had ruled that two of its subsidiaries should enter bankruptcy and be reorganised
August 04, 2024Equities suffered heavy losses around the globe on Monday as Wall Street added to a rout that started in Japan, while the dollar tumbled
August 04, 2024A look at the day ahead in Asian markets.
August 04, 2024Family-owned packaged food giant Mars, whose candy brands include M&M's and Snickers, is exploring a potential acquisition of Kellanova, maker of snacks such as Cheez-It and
August 04, 2024Billionaire Elon Musk said on Sunday the Federal Reserve needs to cut interest rates and that it was foolish for the U.S. central bank not to have done so already.
August 04, 2024A selloff that rocked equity markets around the world is clouding the outlook for investors looking to buy stocks on the cheap, as worries over the U.S
August 04, 2024Egypt's net foreign assets (NFAs) stayed positive for a second straight month in June having been deeply negative for more than two years, central bank data showed.
August 04, 2024Warren Buffett’s Berkshire Hathaway cuts stake in Apple by nearly 50%
August 03, 2024Americans' uncertainty around the economy continues to grow as the government’s latest jobs report fell short of expectations. Now, pressure is building on the Federal Reserve to lower interest rates in September. CNN's Brian Todd reports.
August 03, 2024Billionaire Warren Buffett slashed Berkshire Hathaway’s massive Apple stake in a move that could prove unsettling for the broader stock market because the investor is so revered and there had been little positive financial news lately
August 03, 2024Abrdn finance chief Jason Windsor is the front-runner to become the next chief executive of the British fund manager following the departure of Stephen Bird, the Financial Times reported on
August 03, 2024Warren Buffett appears to have soured on stocks, letting cash at Berkshire Hathaway soar to nearly $277 billion and selling about half its stake in Apple, even as the
August 03, 2024S&P Global cut Ukraine's credit rating to 'selective' default on Friday, after the war-torn country missed an international bond payment this week as it puts the
August 03, 2024SVB Financial Group, the former owner of failed Silicon Valley Bank, received a U.S. judge's permission on Friday to turn over its assets to creditors and end
August 02, 2024Global hedge funds continued to add bearish equity bets to portfolios in the week to Aug. 1 when fresh data sparked fears the U.S. economy is slowing faster than
August 02, 2024Coca-Cola Co. says it will pay $6 billion in back taxes and interest to the Internal Revenue Service while it appeals a federal tax court decision in a case dating back 17 years
August 02, 2024JPMorgan Chase said on Friday it is considering whether to sue a U.S. consumer watchdog over the agency's inquiries into the Zelle payment app.
August 02, 2024