Economy
Finance, markets, investments, cryptocurrency and economic news
South Korea's KOSPI index fell, snapping a 3-day winning streak, due to profit-taking by retail investors. In contrast, the Korean won surged by the most in 3 years after government intervention.
South Korea's franchise sales hit $81 billion in 2024, but growth slowed to 6.8%, the lowest since the pandemic, signaling economic headwinds and sluggish job creation.
Japanese brewer Sapporo Holdings is selling its real estate business, including the prime Ebisu Garden Place, to a KKR and PAG-led group for $2.6 billion to focus on its core alcohol business.
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[email protected]Chinese automaker Chery is investing $800 million to build its largest ASEAN factory in Vietnam, set to open in 2026. With a 200,000-unit capacity, it aims to challenge VinFast and Toyota.
Bitcoin has dropped below the $87,000 mark as the crypto market shows weakness, contrasting with global stock markets hitting all-time highs. Solana (SOL) and XRP recorded inflows, showing a mixed picture.
In 2025, gold has surged over 70% to record highs while Bitcoin, the so-called 'digital gold,' has faltered. We analyze the reasons for this divergence and what it means for investors.
A Seoul court dismissed an injunction against Korea Zinc's capital increase, paving the way for its $7.55B Tennessee refinery. The win for Chairman Choi comes amid an intensifying management control dispute.
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[email protected]A surprising increase in US core capital goods orders and shipments for October 2025 signals robust business investment, potentially influencing the Federal Reserve's upcoming interest rate decisions.
Dogecoin (DOGE) has fallen below the key $0.13 support level. A massive 53,000% surge in futures volume on BitMEX signals traders are bracing for bigger price swings ahead.
Kotak Mahindra Asset Management's Nilesh Shah argues India's government stimulus will fuel domestic consumption and corporate earnings, supporting the country's stock market.
Oil prices are holding steady near $95 a barrel after a five-day rally. The surge was driven by strong U.S. economic data and geopolitical tensions, but the market's next move is uncertain.
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[email protected]XRP fails to break the $1.90 resistance and now tests the $1.85 support level. A volume spike, nearly double the average, suggests selling by larger players. Reclaiming $1.87 is now key.