Korean Won Won’t Recover to Pre-Pandemic Levels, BOK Member Says
The won isn’t likely to strengthen to pre-pandemic levels, given structural changes including heightened geopolitical competition, an aging
2023-06-02 12:25
China Stocks Rebound as Fed Concerns Ease, Dip-Buyers Emerge
Chinese stocks staged a sharp rebound as signs that the Federal Reserve is close to the end of
2023-06-02 12:20
Senate Fails to Strip Manchin Pipeline Deal From Debt Bill
An amendment to strip language from the debt-ceiling bill expediting approval of a multi-billion-dollar natural gas pipeline failed
2023-06-02 11:26
Goldman Cuts China Index Target While Retaining Overweight Call
Goldman Sachs Group Inc. cut its target for the MSCI China Index on earnings and currency concerns, but
2023-06-02 11:21
Now Seen as an AI Stock, SoftBank Is Set for Its Best Week in Three Years
SoftBank Group Corp. is on track for the best weekly gain since March 2020 as analysts and investors
2023-06-02 11:17
Hillhouse Hires Ex-Deutsche Bank’s Hari for Private Credit
Asia-based asset manager Hillhouse has hired Deutsche Bank AG’s Siddhartha Hari to help expand private credit investments, according
2023-06-02 10:57
K-Pop Stocks’ $5.4 Billion Rally Emboldens Bulls
A $5.4 billion rally in K-pop stocks looks set to power on, as a growing global fanbase fuels
2023-06-02 10:57
PwC Contracts Frozen by $191 Billion Australian Pension Fund
Australia’s largest pension fund AustralianSuper has frozen all future contracts with PricewaterhouseCoopers as it assesses the fallout of
2023-06-02 09:51
K-pop Giant Hybe to Raise About $380 Million for US Deals
Hybe Co., the South Korean music agency behind BTS and Ariana Grande, is seeking to raise around 500
2023-06-02 09:49
Korea Inflation Slows in May, Giving BOK Scope to Pause
South Korea’s inflation eased for a fourth straight month in May, another indication that price pressures are pulling
2023-06-02 09:48
Oil Heads for Weekly Decline Ahead of OPEC+ Meeting on Supply
Oil headed for its biggest weekly loss in a month as persistent concerns over demand weigh on the
2023-06-02 09:46
Australia Raises National Minimum Wage 5.75%, Currency Declines
Australia’s industrial relations umpire raised the national minimum wage by 5.75% from July 1 in an effort to
2023-06-02 09:26