New Zealand Shares Drop 1.5% on Broad-Based Losses
New Zealand’s NZX-50 closed 1.5% lower at 12896.67, dragged to its largest one-day fall in almost two months by broad-based losses.
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Korean Won Steady, Supported by Central Bank’s Measures
Korean won steadied against the U.S. dollar, recovering from sharp fall earlier as the Bank of Korea takes countermeasures to stabilize markets.<…
Oil Prices Steady; OPEC+ Meeting in Focus
Oil futures were steady in early Asian trade as market participants await the outcome of an OPEC+ meeting later this week.
JGBs Edge Higher Amid Possible Safe-Haven Demand
Japanese government bonds edged higher in the morning Tokyo session as demand for safe-haven assets is likely spurred by South Korea’s politica…
Man posing as a European noble admits stealing $6 million in AI Ponzi scheme
It was an investment that collapsed as dramatically as the Austro-Hungarian Empire. View Source MarketWatch.com – Top Stories December 3, 2024 7:12 pm
USD/KRW in Focus Amid South Korea’s Political Tumult
The focus in Asia was on USD/KRW after the pair’s brief overnight spike above 1,440 in the wake of the South Korean president’s short-lived d…
South Korea Political Tumult Could Sour Appetite for Korean Assets
While the unexpected declaration of martial law was promptly struck down by parliament, the episode is likely to leave a bad taste in investors�…
Campbell’s is getting a new CEO. Analysts say he could face these ‘uncertainties’ as Trump takes office.
Campbell’s Co. on Tuesday said its current chief executive would depart to take on a leadership role for the Washington Commanders NFL team, and the…
Nikkei Flat as Electronics Makers, Trading Houses Gain
The Nikkei Stock Average was flat at 39249.03 as gains in electronics makers and trading houses helped offset losses in pharmaceutical companies.…
Elon Musk’s Tesla pay-package fight is back in the spotlight, but here’s an even bigger issue
With his whopping pay package still tied up in legal limbo, Tesla Chief Executive Elon Musk could begin to push for the controlling stake he…