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What happened
This year has been a year like no other -- and mostly not in a good way. The trifecta of 40-year high inflation, a bear market, and the potential for a recession have weighed on investor sentiment. With so much uncertainty, market watchers have been keeping a weathe
Samsung Electronics Co Ltd reported a 12% rise in April-June profit on Thursday, as robust data centre demand for high-margin memory chips underpinned prices.
North Korean leader Kim Jong Un said his country is ready to ready to mobilise its nuclear war deterrent and for any military clash with the United States, state media reported on Thursday, amid signs the North could conduct its first nuclear test since 2017.
New York is seeking renewable energy to power at least 1.5 million New York homes in its third offshore wind solicitation, Governor Kathy Hochu said on Wednesday, as the state ramps up development of the industry.
The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 75 basis points to 2.75%, hours after the U.S. Federal Reserve delivered a rate hike of the same margin.
A North Dakota judge on Wednesday blocked enforcement of the state's "trigger" ban on abortions, allowing the lone abortion provider in the state to resume services after the U.S. Supreme Court overturned a landmark ruling that established the constitutional right to abortion.
Global Dairy Trade Events said on Thursday it will launch a second smaller single product auction on alternate weeks between GDT auctions to increase price discovery.
South Korea's finance minister on Thursday reaffirmed the government's determination to stabilise the local bond market in case of increased volatility with fast-rising interest rates.
Australia's Fortescue Metals Group reported a record rise in fourth-quarter iron ore shipments on Thursday, helped by a ramp up at its Eliwana project, even as it continued to face higher costs and a shortage of mine workers.
Australia's Macquarie Group said on Thursday trading conditions softened amid rising inflation and fears of a recession, although volatility in gas and energy markets helped drive small gains in its markets-facing businesses.
(RTTNews) - The South Korea stock market has finished higher in three straight sessions, gathering more than 20 points or 0.9 percent along the way. The KOSPI now rests just above the 2,415-point plateau and it's expected to add to its winnings again on Thursday.
The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 75 basis points to 2.75%, hours after the U.S. Federal Reserve delivered a rate hike of the same margin.
Britain should create a new category of private property law for digital assets like cryptocurrencies which are being used to make payments or represent other assets, independent body the Law Commission proposed on Thursday.