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Latest Articles
Morgan Stanley upgrades South Korea to 'overweight'; Sees KOSPI back at 9,000 - CNBC TV18
1+ hour, 19+ min ago (235+ words) Morgan Stanley upgraded South Korean shares to "overweight," citing a "leverage washout" as an entry point for AI and industrial themes. Kospi could reach 9,000. Morgan Stanley has upgraded South Korean shares to "overweight", stating that the recent "leverage washout" gives…...
KOSPI Opens Down 3.6% Monday
3+ hour, 8+ min ago (113+ words) [Economy]: The benchmark Korea Composite Stock Price Index fell 237-point-18 points, or three-point-six percent, on Monday to open at six-thousand-358-point-27. The tech-heavy KOSDAQ slid nine-point-77 points, or one-point-63 percent, to open at 709-point-99. The South Korean won strengthened against…...
Beijing lacks sense of urgency in tackling China's economic problems: Eswar Prasad
31+ min ago (43+ words) Eswar Prasad, Professor of Economics at Cornell University says China's confidence problem calls for "a lot more" than simply signaling that additional stimulus or fiscal support may be on the way. Beijing lacks sense of urgency in tackling China's economic…...
Australia S&P Global Manufacturing PMI registered at 52 above expectations (51.7) in July
3+ hour, 25+ min ago (192+ words) GBP/USD manages to regain composure and challenge the area of daily highs around 1.3470 on Friday. Cable picks up pace despite marginal gains in the Greenback in a context of swelling geopolitical tensions and rising global oil prices. Gold faces…...
Japan's paternity leave rate tops 50% for 1st time in fiscal 2025
1+ hour, 28+ min ago (292+ words) TOKYO - The rate of men in Japan taking child care leave topped 50 percent for the first time in fiscal 2025, apparently boosted by government efforts to encourage fathers to take the time off, the labor ministry said Friday. Last fiscal year,…...
Gold gains as oil slumps after Trump holds off on Iran attack
1+ hour, 30+ min ago (317+ words) Gold prices saw an increase on Monday as oil prices declined. This shift occurred after President Donald Trump delayed further action against Iran. Eased concerns about inflation and interest rates influenced the precious metal's movement. Other precious metals like silver…...
Lotte founder’s ‘boundless advantage’ gains global spotlight
1+ hour, 13+ min ago (72+ words) Lotte Group said Monday that a study on founder Shin Kyuk-ho’s entrepreneurial philosophy was presented at the 2026 World Congress of Business History in Toront...
California minimum wage to increase again in 2027, Newsom says
1+ day, 11+ hour ago (98+ words) California's statewide minimum wage will rise again in 2027, making it the nation's highest statewide rate, according to the governor's office. California minimum wage to increase again in 2027, Newsom says California’s statewide minimum wage will increase to $17.40 per hour starting in…...
P&G Korea appoints India sales chief as CEO
1+ hour, 18+ min ago (27+ words) P&G Korea said Monday it appointed Rohini Venkateswaran, former chief sales officer of P&G India, as its new CEO, effective Aug. 1. She succeeds Lee Chee-young,...
US and Japan jointly intervene to prop up yen in rare move
8+ hour, 25+ min ago (554+ words) Japan's prime minister Sanae Takaichi met President Trump in March Japan and the US have confirmed that they jointly intervened last week to halt a slide in the yen to a fresh 40-year low. The joint intervention is the first…...