Recent Posts

Chips, entertainment drag Korea stocks to worst rout since 2008

Bloomberg While declines in chip and Internet giants have put South Korean equities on course for their worst year since the global financial crisis, investors found winners in the electric-vehicle supply chain and defense sector. The benchmark Kospi is down about 22% in 2022, headed for its largest loss since 2008. The biggest drags include a 26% decline in Samsung ...

Read More »

Stocks buoyed by China reopening; dollar sinks

  Bloomberg Equities climbed on Tuesday while the dollar declined amid positive sentiment from China’s rollback of Covid isolation measures and the cooling of a key inflation gauge in the US. Chinese, Japanese and South Korean shares rose, with travel and consumer goods stocks higher in Tokyo and Seoul after China moved to end quarantine for inbound visitors. Futures contracts ...

Read More »

UAE strongly condemns Taliban’s decision to ban women from NGOs

  New York / WAM Ambassador Lana Nusseibeh, Assistant Minister of Foreign Affairs and International Cooperation for Political Affairs and Permanent Representative of the UAE to the United Nations, expressed the UAE’s strong condemnation of the decision by the Taliban to ban women from working in national and international non-governmental organisations (NGOs) in Afghanistan. Ambassador Nusseibeh warned that at a ...

Read More »
Send this to a friend