The South Korea stock market headed south again on Monday, one session after it had ended the eight-day losing streak in which it had plummeted more than 225 points or 10 percent. The KOSPI now rests just above the 2,145-point plateau and it may take further damage on Tuesday.
Bill Evans, Research Analyst at Westpac, explains that the RBA minutes contain few surprises, although discussion on financial stability indicates that the Bank is relaxed with the likely impact on household spending.
Shareholders who rejected a plan by troubled HNA Group’s flagship airline to sell a Beijing office block as part of its efforts to reduce a mountain of debt said they are hoping for a better deal. They voted overwhelmingly on Friday to pull the plug on Hainan Airlines Holding’s sale of the..
Analysts at Nomura note that in the US, polling, expert ratings and forecasting models continue to suggest the Democrats are likely to win control of the House of Representatives in the upcoming midterm elections, and the Republicans are likely to retain control of the Senate.
Saudi Arabia will retaliate “with even greater action” if the U.S. president goes through with a threat of “severe punishment” should it be proven that Saudi agents killed dissident journalist Jamal Kashoggi in the Saudi consulate in Istanbul. The Saudi Press Agency yesterday cited an..