News

South Korea’s Financial Supervisory Service (FSS) is investigating Morgan Stanley’s recent decision to sell shares of SK Hynix Inc. This inquiry reflects the country’s heightened scrutiny of global financial institutions …

Alaska Airlines reported a significant IT outage on Monday, resulting in widespread disruptions, including delayed flights and a temporary ground stop in Seattle. Details of the IT Outage The airline …

Shares of Commerzbank fell by 3.1% on Monday following the German government’s announcement regarding its stake in the bank. The decision to maintain a 12% stake raises concerns about the …

BNP Paribas has announced a significant acquisition aimed at enhancing its wealth management capabilities. The French lender is set to purchase HSBC’s private banking division in Germany, marking a strategic …

Asian stock markets experienced a significant uptick on Friday, with Japan’s Nikkei leading the charge after Wall Street celebrated record highs following the Federal Reserve’s substantial interest rate cuts. U.S. …

As the Federal Reserve embarks on a long-awaited rate-cutting cycle, investors are cautiously optimistic but wary that the benefits of easier monetary policy may already be priced into richly valued …

European auto stocks are facing unprecedented investor aversion, with many reducing their exposure even as the industry’s challenges have driven valuations near record lows. Normally, such low valuations would attract …

While emerging-market currencies have generally gained from a weaker US dollar this quarter, African currencies have defied this trend, hindered by local economic challenges. Notably, five of the ten worst-performing …

Nippon Steel is set to undertake significant asset sales this fiscal year, aiming to divest at least 30 billion yen (approximately $211 million). This decision comes as the company navigates …

Russian authorities are contemplating a significant increase in the one-off contribution required from foreign companies exiting the country, potentially raising it from the current 15% to as much as 40%. …