Tag: market
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A global hub for fake luxury goods, Vietnam tries to clean up its black market
The Trump administration wants Vietnam to stamp out its booming counterfeit industry. Locals are divided.
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What NSE and Jio Platforms IPOs reveal about India’s changing economy
NSE and Jio Platforms embody the sweeping changes in how India has consumed, invested and transacted over the past decade.
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Stocks and oil prices rise with eyes on Iran; yen touches 40-year low vs dollar
LONDON/NEW YORK, June 29 : A global gauge of stock markets rose on Monday as investors tracked the implementation of an interim peace deal between Iran and the U.S., even as oil prices rose after tit-for-tat attacks underscored the risk of escalation. European equities ended flat but Wall Street led gains w
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Stocks and oil prices edge up with eyes on Iran; yen touches 40-year low vs dollar
LONDON/NEW YORK, June 29 : A global gauge of stock markets rose on Monday as investors tracked the implementation of an interim peace deal between Iran and the U.S., even as oil prices rose after tit-for-tat attacks underscored the risk of escalation. European equities edged lower, but Wall Street led gains
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Banks get creative and look further afield as AI-fueled debt soars
NEW YORK, June 29 : As corporate borrowing tied to artificial intelligence shows no sign of slowing, bankers are coming up with new ways to sell ever larger volumes of debt.The surge in spending on chips, cloud infrastructure and data centers has led large technology companies, known as hyperscalers, to incre
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Dollar poised for best month in nearly a year; eyes on Gulf tension, jobs data
HONG KONG, June 29 : The U.S. dollar held firm on Monday, on track for its biggest monthly gain in nearly a year, as Gulf tensions and elevated Treasury yields underpinned demand ahead of key jobs data later in the week. The U.S. and Iran traded fresh barbs over the weekend before they agreed to…
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Magdeburg Christmas market attacker sentenced to life
A Magdeburg court has sentenced a 51-year-old to life after his 2024 attack on a Christmas market in the city. He drove a rental car through a security cordon and into a crowd, killing six and injuring more than 300.
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Germany news: Berlin’s orchestra eases dress code amid heat
Men are not obliged to wear jackets during the orchestra’s end-of-season performance this weekend. Meanwhile, a court has sentenced the defendent in the Magdeburg Christmas market attack to life. Follow DW for more.
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Always-on won: Korean dealers fret about risks in landmark shift to 24-hour trading
SEOUL, June 26 : Over an 18-year career trading currencies in Seoul, Namkoong Taehun was on the front lines of the collapse of Lehman Brothers, the post-Brexit plunge in the pound, and the won’s dramatic tailspin after South Korea’s 2024 martial law decree.Now his job will be stretched around the clock as Sou
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Always-on won: dealers fret about risks in landmark shift to 24-hour trading
SEOUL, June 26 : Over an 18-year career trading currencies in Seoul, Namkoong Taehun was on the front lines of the collapse of Lehman Brothers, the post-Brexit plunge in the pound, and the won’s dramatic tailspin after South Korea’s 2024 martial law decree.Now his job will be stretched around the clock as Sou
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