- August 21st, 2025
As Typhoon Kong-rey closes in on Taiwan, the storm’s powerful winds and torrential rains have disrupted both air and rail traffic, leaving thousands stranded and forcing officials to cancel hundreds of scheduled services. The typhoon, one of the strongest of...
In a remarkable financial shift, dollar bond spreads for Asia’s high-grade issuers have reached record lows, driven by aggressive monetary and fiscal measures by Chinese policymakers. The gap in yield premiums on Asian bonds has closed to 74.6 basis points...
Oil prices surged on Thursday, building on a rally from the previous day as bullish sentiment around U.S. fuel demand emerged following an unexpected drawdown in both crude and gasoline inventories. Additionally, the market responded positively to reports that OPEC+...
North Korea launched one of its most powerful intercontinental ballistic missiles (ICBM) early Thursday morning, intensifying regional tensions and drawing renewed international scrutiny. The launch marks Kim Jong Un’s first weapons test since facing accusations of sending North Korean soldiers...
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...
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 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...
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...
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...
In the ongoing Russia-Ukraine conflict, North Korean troops are reportedly moving toward the Russian region of Kursk, close to the Ukrainian border. These troops, reportedly wearing Russian uniforms and equipped with Russian weaponry, are part of what U.S. Defense Secretary...
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