ASIA: Major Asian stock markets had a green day today: • The NIKKEI 225 was up 257.09 points, or 0.92%, at 28,226.08. • Shanghai rose 14.14 points, or 0.45%, to 3165.47. • Hang Seng rose 139.21 points, or 0.75%, to 18,736.44. • Kospi rose 7.31 points, or 0.30%, to 2,479.84. • The ASX 200 roseREAD MORE
The stolen cryptocurrency is fueling North Korea’s nuclear program. Could it collapse due to market turmoil?
Since the world’s second largest crypto exchange FTX filed for bankruptcy earlier this month, the effects of the influx have been felt everywhere. But among the many victims, there are also not-so-innocent parties. For the Democratic People’s Republic of Korea, a country facing tough sanctions, cryptocurrency theft was (relatively) to finance the country’s expanding nuclearREAD MORE
Emerging market stocks and bonds are seeing a strong rebound as hopes that China will loosen its Covid-19 restrictions and a sell-off in the dollar helped ease some of the pressure on emerging economies. JPMorgan’s broad dollar-denominated emerging market debt rose 7.6% in November, the best month since 1998, while stocks tracked by the MSCIREAD MORE
ASIA: Today was a mixed day for major Asian stock markets: The NIKKEI 225 was down 58.85 points, or -0.21%, at 27,968.99. Shanghai added 1.59 points, or 0.05%, to 3151.34. Hang Seng rose 392.55 points or 2.16% to 18,597.23. Kospi rose 39.14 points or 1.61% to 2472.53. The ASX 200 rose 30.90 points, or 0.43%,READ MORE
The stock market and the peso continued to strengthen on Tuesday, with the Philippine Stock Exchange’s benchmark index (PSEi) soaring above 6700 and the currency hitting a nearly three-month high again. Seeking last-minute bargains, the PSEi index gained 99.31 points, or 1.49 percent, to close at 6780.78, while the broader All Shares also jumped 32.81READ MORE
ASIA: Today was a mixed day for major Asian stock markets: The NIKKEI 225 was down 134.99 points, or -0.48%, at 28,027.84. Shanghai rose 71.20 points or 2.31% to 3149.75. Hang Seng added 906.74 points, or 5.24%, to 18,204.68 points. Kospi rose 25.12 points or 1.04% to 2433.39. The ASX 200 rose 24.20 points, orREAD MORE
ASIA: Today was a mixed day for major Asian stock markets: The NIKKEI 225 was down 120.20 points, or -0.42%, at 28,162.83. Shanghai fell 23.14 points or -0.75% to 3078.55. The Hang Seng shed 275.64 points or -1.57% to hit 17,297.94. Kospi fell 29.59 points or -1.21% to 2408.27. The ASX 200 fell 30.40 points,READ MORE
Did US job growth slow down in November? Economists expect the US economy to continue adding jobs in November despite rising interest rates and worries about a looming recession. Wall Street expects US employment to rise by 200,000 in November from the previous month, economists polled by Reuters forecast. This will be the lowest levelREAD MORE
A crowd at a Christmas market dispersed after a driver crashed into a pedestrian zone, UK police said.
Three suspects have been arrested after a car allegedly crashed into a crowd of holiday shoppers at a Christmas market in a small town south of Manchester, England. According to local newspaper StokeonTrentLive, hundreds of people were enjoying a Christmas market in the city center of Congleton, England, when a Volkswagen Golf driver, speeding atREAD MORE
Spain has already witnessed one of the most spectacular housing bubbles and recessions of this century. As the pressure on the mortgage market begins to build, the government and banks are desperate to avoid a restart. After weeks of negotiations with banking associations and the Bank of Spain, the Spanish government has authorized a packageREAD MORE