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LONDON — European markets opened the final month of the year in negative territory Monday, with defense stocks leading declines as investors assessed renewed momentum in peace negotiations over Ukraine and awaited signals from the US Federal Reserve. The Stoxx 600 slipped about 0.3 percent shortly after markets opened in London, extending pressure that had … Read more
Global equities retreated Monday as a sharp selloff in cryptocurrencies and renewed concerns over monetary tightening in Japan rattled investor confidence. Stocks drop across major regions, with US futures pointing lower and European benchmarks slipping at the open. The downturn came as Bitcoin fell more than five percent, adding fresh strain to already fragile market … Read more
Sergey Brin, co-founder of Google and a billionaire investor, has donated more than $1.1 billion worth of Alphabet Inc. stock to charitable causes, a regulatory filing disclosed Friday. Most of the contribution, roughly $1 billion, will benefit Catalyst4, a nonprofit Brin established in 2021 to fund research into central nervous system diseases and climate change … Read more
SEOUL — South Korea exports rose sharply in November, surprising analysts and continuing a strong streak of trade growth. Exports climbed eight point four percent from a year earlier to US$61.04 billion, according to data released Monday by the Ministry of Trade, Industry and Energy. The surge was led by a record high in semiconductor … Read more
Oil prices surged Monday following OPEC+’s decision to maintain current production levels for the first quarter of 2026, signaling caution amid concerns of a potential supply surplus. Brent crude futures rose 94 cents, or 1.51 percent, to $63.32 per barrel by 2327 GMT. US West Texas Intermediate crude increased 90 cents, or 1.54 percent, reaching … Read more
MSTR shares fell sharply this week as MicroStrategy’s stock continued to mirror bitcoin’s steep downturn, triggering renewed concern among retail traders and institutional analysts. The stock is down about 40 percent from its October peak, following bitcoin’s slide from its record high of $104,050 on November 13 to about $90,903 on Friday. The drop pushed … Read more
The US State Department said Friday it had significantly expanded its capacity at the US Embassy in Seoul to process more business visa applications from South Koreans. The move comes after a September immigration raid on a major South Korean run factory in Georgia sparked outrage in Seoul and concerns that foreign investment could dry … Read more
Wingtech, the Chinese parent company of Netherlands based semiconductor firm Nexperia, accused its Dutch unit on Friday of attempting to permanently strip it of control and restructure the company toward a “non Chinese supply chain.” The sharp statement followed an open letter published a day earlier by the Dutch arm of Nexperia, deepening a corporate … Read more
Brent crude oil futures held steady on Friday as drawn out Russia Ukraine peace talks kept geopolitical risks elevated, while traders monitored the upcoming OPEC+ meeting for potential signals on global supply. US West Texas Intermediate (WTI) futures, however, were disrupted by a system outage at CME Group, halting trading on the exchange for several … Read more
South Korea imposed sweeping restrictions on the Cambodia based Prince Group on Thursday, joining a widening international campaign aimed at dismantling what officials describe as one of the most sophisticated scam networks operating across Southeast Asia. The move marks the first time Seoul has issued independent sanctions targeting transnational organized crime and represents the largest … Read more
