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Latest Articles
Tax agency launches probe into KB Kookmin Bank: sources
5+ min ago (27+ words) South Korea's tax agency has launched a special probe into KB Kookmin Bank, a major lender, financial sources said Thursday. According to insiders, the National...
Venezuela inflation surges to near 20% in July, central bank says
29+ min ago (112+ words) (Corrects year-on-year inflation in paragraph 4 to 575.9% from 579.96%) Aug 12 (Reuters) – Venezuela’s inflation reached 19.9% in July from the previous month’s 13.8%, the central bank said on Wednesday. The central bank said that acceleration was temporary and driven by the impact of the deadly…...
[Click e-Stock] "Crimson Desert Expectations Down... Pearl Abyss Target Price Lowered" - The Asia Business Daily
4+ hour, 58+ min ago (361+ words) [Click e-Stock] "Crimson Desert Expectations Down... Pearl Abyss Target Price Lowered" asiae.co.kr Published 13 Aug.2026 06:30(KST) On August 13, Mirae Asset Securities lowered its target price for Pearl Abyss from 36,000 won to 30,000 won while maintaining its 'Sell' investment rating. Heeseok…...
Recap: RBA's Kent: policy is restrictive and working, but risks still skew higher
34+ min ago (221+ words) Taken as a whole, Kent's remarks --- Kent says the RBA's tightening is doing its job, but between Bullock's upside risk warning, weak productivity and stretched equity valuations, the door to further hikes is still very much open. RBA's Kent told…...
Australia central banker says rate hikes working as intended
58+ min ago (277+ words) SYDNEY, Aug 13 (Reuters) – A top Australian central banker said on Thursday the three cash rate increases earlier this year were having their intended effects, with tight monetary conditions weighing on consumer spending and slowing broader economic activity. Speaking at a…...
Asian Stocks Rise as US Inflation Data Dents September Fed Hike Bets; Kospi Jumps 4.4%
7+ min ago (478+ words) Asian stocks rose on Thursday after US inflation data came in as expected, dampening expectations of further near-term Federal Reserve rate hikes, while oil held near $80 a barrel as Washington and Tehran remained deadlocked over efforts to end the Gulf…...
Someone’s Setting Fires on Wall Street
5+ hour, 28+ min ago (1404+ words) Home » Moneyball Economics » Someone’s Setting Fires on Wall Street Posted by Andrew Zatlin | Aug 12, 2026 | Moneyball Economics 7 minute, 58 second read It’s the word of the year. Even before this year started, I predicted we’d see persistent volatility in 2026, and that the…...
July U.S. CPI at 3.4%...Will This Support a Fed Rate Pause?
11+ hour, 40+ min ago (535+ words) Published 12 Aug.2026 23:47(KST) The U.S. Department of Labor's Bureau of Labor Statistics announced on the 12th (local time) that the Consumer Price Index (CPI) in the United States rose by 3.4% year-on-year in July. Yonhap News The U.S. Bureau of Labor Statistics (BLS) announced…...
Mirae Asset Raises Monthly Distribution for "TIGER Korea Dividend Dow Jones ETF"
2+ hour, 8+ min ago (353+ words) asiae.co.kr Mirae Asset Raises Monthly Distribution for "TIGER Korea Dividend Dow Jones ETF" Published 13 Aug.2026 09:19(KST) As volatility in the domestic stock market intensifies, the 'Korean version of SCHD' exchange-traded fund (ETF)—recognized for its outstanding defensive capabilities…...
KCGI Asset Management Launches "KCGI Korea Growth Leadership 50"
32+ min ago (294+ words) asiae.co.kr KCGI Asset Management Launches "KCGI Korea Growth Leadership 50" Published 13 Aug.2026 10:55(KST) As stock market volatility remains high, leading to sharp price swings, asset allocation funds that seek both the capital gains of equities and the stability of…...