SOUTH KOREA'S KOSPI HITS BEST DAY ON RECORD

SOUTH KOREA'S KOSPI HITS BEST DAY ON RECORD

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U.S. EQUITIES REACT TO FED'S 'HAWKISH HOLD'

American equities plummet and borrowing costs hit their highest in nearly two decades as investors find little to like in the Fed's fifth 'hold' in a row. But, Chairman Warsh hints that a hike could be on the way. Elsewhere, investors digest a mixed bag of tech earnings from acro ...  Show more

SOUTH KOREA'S KOSPI POSTS BIGGEST SLUMP SINCE EARLY MARCH

Another day, another circuit breaker on the Kospi: AI capex fears spill across Asian equity markets, on the back of a five-percent slump in Nvidia shares that sees Apple regain its crown as the world's most valuable public company. In other news, oil prices extend yesterday's dec ...  Show more

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Japan's long-ruling LDP loses parliamentary majority
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Political turmoil in Japan pushes yen to three-month low
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Japanese PM Ishiba’s gamble to call a snap election backfired yesterday, as Japan’s ruling party lost its majority in a general election amid political scandals and soaring inflation. The Japanese yen is plunging and stocks are surging on the news. As investors turn their atte ...

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Political instability jolts Japan
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The French government is on the brink of another collapse, and Japan’s prime minister quits after just a year in office. Plus, China may open its domestic bond market to Russian companies for the first time since 2022, and US economic data is complicating the Federal Reserve’s up ...  Show more

Japanese Yen hits new low
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From the BBC World Service: The Japanese Yen has fallen to its weakest level against the U.S. dollar for nearly 40 years. It’s causing jitters in the markets, and analysts warn about potential government intervention. Then, protests are continuing in Kenya over the unpopular new ...  Show more