Although global bond markets saw a brief period of stability on Wednesday, high borrowing costs continue to fuel concerns from Japan to the UK and the US. In Japan, the resignation of
Gold prices retreated on Thursday due to profit-taking after reaching a record high on Wednesday. Spot gold fell 0.4% to $3,542.97 an ounce, while December US gold futures contracts fell 0.9% to
British pound rose slightly on Thursday, trading at $1.3455. However, the currency is experiencing its most volatile week in recent months and is poised for a third consecutive weekly loss. Against the
South Korea announced it will reference Japan’s trade agreement as it finalizes the details of its trade deal with the United States. Finance Minister Koo Yun-cheol said, “We have an advantage because
Following weak US employment data, expectations of a Fed interest rate cut strengthened this month. This optimism boosted stocks on Monday and kept Treasury yields low. US S&P 500 futures rose 0.2%,
The pound started the week evenly on Monday, remaining stable at $1.3513. It had risen 0.5% on Friday following the surprisingly weak US employment data, recording its biggest daily rally in two
Tesla’s share of the US electric vehicle market fell to 38% in August, its lowest level in eight years. This marks the first time the company has fallen below 40% since 2017.
The dollar fell to its lowest level in seven weeks on Tuesday. Investors anticipate that downward revisions to US employment data could reveal weakness in the labor market, potentially accelerating Fed interest
Unilever’s ice cream unit, led by Magnum, which it is preparing to split, forecasts an average annual 3-5% organic sales growth from 2026 onwards. The new company will include Magnum, Ben &
Taiwan’s August exports exceeded expectations, rising 34.1% to $58.49 billion. This marked the country’s fourth consecutive month of export record. Strong demand for AI and technology supported growth despite the 20% tariffs