Asian markets were rattled on Wednesday following political upheaval in South Korea, where a brief imposition of martial law created uncertainty across financial markets. The South Korean won saw volatile…
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Investing
Bank of Korea pledges short-term liquidity boost to stabilize FX market amid political turmoil in South Korea
In response to South Korea’s recent political upheaval, the Bank of Korea (BOK) announced on Wednesday its commitment to boost short-term liquidity and stabilize foreign exchange (FX) markets as necessary.…
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Investing
Barclays settles $17.7 billion debt sale lawsuit for $19.5 million amid securities fraud claims
Barclays has agreed to pay $19.5 million to settle a securities fraud lawsuit filed by shareholders in Manhattan federal court, over its misstep in selling $17.7 billion more debt than…
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South Korea experienced an unexpected political upheaval as President Yoon Suk Yeol declared martial law in the middle of the night, a dramatic move that was swiftly counteracted by the…
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European markets edged higher on Wednesday as investors navigated political uncertainty in France ahead of a crucial no-confidence vote in its parliament. Meanwhile, Indian markets saw strong performance in public…
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Latest News
Jeffries wants Biden to dole out pardons for people aggressively prosecuted ‘for nonviolent offenses’
On the heels of President Joe Biden’s move to issue a sweeping pardon for his son Hunter Biden, House Democratic Leader Hakeem Jeffries, D-N.Y., issued a statement suggesting the president…
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