Traders are keeping tabs on Japanese political turmoil after the coalition government collapsed, threatening Sanae Takaichi’s ascent to prime minister (Yuichi YAMAZAKI) Asian stocks sank Tuesday on fresh trade war worries after China imposed curbs on US units of a Korean shipbuilder, dealing a blow to hopes that a flare-up at the weekend had been…
Gold broke above $4,000 for the first time on Wednesday (DAVID GRAY) Gold prices broke $4,000 for the first time Wednesday as investors piled into the safe haven over expectations for US interest rate cuts and worries over the US government shutdown. The rally in the precious metal also came after concerns that a tech-fuelled rally…
(Bloomberg) — South Korean stocks tumbled and the won approached its weakest level since 2009 following a weekend of political turmoil that left investors bracing for a period of heightened volatility. Most Read from Bloomberg The benchmark Kospi Index dropped 2.8%, and the small-cap Kosdaq Index slumped more than 5% to its lowest since April…
(Bloomberg) — Stocks in Asia declined after South Korea’s political turmoil triggered by a brief imposition of martial law put investors on edge. Most Read from Bloomberg The benchmark Kospi Index fell as much as 2.3% on Wednesday after South Korea-related assets all dropped overnight. The MSCI Asia Pacific Index was down 0.5%, with shares…