Dollar-Yen

Yen Under Pressure as Bank of Japan Holds Rates Steady; U.S. Dollar Pauses Ahead of Key Jobs Data

As the yen heads for its largest monthly loss since 2016, markets watch closely for shifts from the Bank of Japan and key U.S. economic data ahead of the presidential election. The Japanese yen continued to face intense pressure on...
Korea Zinc

Korea Zinc Shares Plunge Amid Controversial New Stock Issuance and Familial Power Struggle

Shares of Korea Zinc, the world's largest zinc refiner, saw a significant drop for the second consecutive day on Thursday, sparking investor concerns and drawing scrutiny from regulators. The decline comes as Korea Zinc announced plans to issue new shares...
Asian Stock

Asian Stock Market Decline Amid U.S. Market and Bond Drop Due to Strong Economic Data, Clouding Federal Reserve Rate Cut Prospects

Asian equities traded lower Thursday following declines in U.S. stocks and government bonds, triggered by robust economic data that raised concerns about the Federal Reserve's timeline for potential interest rate cuts. Australian and Japanese markets experienced early losses, while an...
Super Typhoon Kong-rey

Taiwan Braces as Super Typhoon Kong-rey Approaches: Largest Storm in 30 Years to Hit Island

Taiwan came to a near standstill on Thursday as Super Typhoon Kong-rey loomed over the island, marking one of the most significant typhoons in recent decades. With cities and counties declaring a nationwide day off, financial markets closed, and all...
Electricity

Australia’s Greenhouse Gas Emissions from Electricity Grid Climb for Third Consecutive Quarter Amid Rising Energy Demand

Australia’s greenhouse gas emissions from its primary electricity grid, the National Electricity Market (NEM), increased for the third consecutive quarter due to a surge in power demand, the Australian Energy Market Operator (AEMO) reported. As the country’s reliance on fossil...
Donald Trump-Kamala Harris

North Carolina: Trump and Harris Trade Barbs as US Election Enters Final Week

In the U.S. presidential campaign, Republican candidate Donald Trump and Democratic contender Kamala Harris clashed over the state of American unity and the future direction of the nation, delivering sharply contrasting messages at rallies in North Carolina on Wednesday. As...
Trafigura

Trafigura Sets Aside $1.1 Billion for Misconduct in Mongolian Operations Amid Ongoing Investigation

Trafigura, one of the world's largest independent commodity trading companies, announced on Wednesday that it would be allocating $1.1 billion as a provision for misconduct discovered in its Mongolian petroleum products supply business. which unearthed evidence of data manipulation and...
undersea cable vulnerabilities

FCC to Vote on Comprehensive Review of Undersea Communications Cables’ Security

The Federal Communications Commission (FCC) has announced an upcoming vote on the security review of the vast global network of undersea communications cables. These cables, responsible for transmitting an estimated 95% of the world's international internet traffic, are essential to...
Kamala Harris

Kamala Harris Vows to Represent “All Americans” in Final Campaign Push, Amid Biden’s Controversial Comments

With only six days until the November 5 election, Vice President Kamala Harris reinforced her commitment to serving “all Americans” if elected president, emphasizing inclusivity in her leadership approach. This statement comes amid efforts to counteract remarks by President Joe...

Coinbase Reports Strong Third-Quarter Profit Amid Surging Trading Volumes and Regulatory Advances

Coinbase Global Inc., the largest cryptocurrency exchange in the United States, announced an unexpected third-quarter profit on Wednesday, driven by a surge in trading volumes as cryptocurrency continues to inch into the mainstream of the financial industry. The company’s profitable...
Loading posts...

All posts loaded

No more posts