Asia stocks mostly fell in thin holiday trade on Monday after tech losses killed off the traditional year-end lift on Wall Street at the end of last week.The “Santa Claus rally” got off to a good start but US stocks then fell across the board on Friday, with the S&P 500 and the Nasdaq both dropping …
After South Korea’s president and his replacement were both deposed over a failed bid to impose martial law, deepening political turmoil is threatening the country’s currency and shaking confidence in its economy.The won, which plunged Friday to its lowest level against the dollar since 2009, has been in near-constant decline since President Yoon Suk Yeol’s …
Authorities in Brazil said Friday they were probing Chinese auto giant BYD and one of its contractors for suspected “trafficking” of Chinese workers who were building a factory in the South American country.Federal prosecutors in Brazil are weighing possible criminal action after labor inspectors found 163 Chinese workers “in slave-like conditions” at the construction site …
Brazil views labor violations at BYD site as human ‘trafficking’ Read More »
Senior members of Canada’s cabinet held talks Friday with US President-elect Donald Trump’s nominees to lead the departments of commerce and the interior, as Ottawa works to hold off the threat of punishing tariffs. Canada’s newly-appointed Finance Minister Dominic Leblanc and Foreign Minister Melanie Joly met with Howard Lutnick, Trump’s commerce secretary nominee, who will also …
Canadian foreign, finance ministers meet Trump’s team on tariffs Read More »
Hopes for a Santa Claus rally on Wall Street fell Friday as tech stocks slid lower, while a weaker yen lifted Japanese equities.US indices slumped to end the holiday week, with the tech-heavy Nasdaq Composite losing 1.5 percent.Shares in Tesla were closed around 5.0 percent lower, while those in AI chipmaker Nvidia shed around 2.0 …
Tech slump slays Santa rally, weak yen lifts Japan stocks higher Read More »
The ongoing spread of bird flu in the United States has alarmed experts — not just because of human cases causing severe illness, but also due to troubling new instances of infections in cats. A sample of the virus found in a critically ill patient in the United States has shown signs of mutating to better …
New bird flu mutation discovered in US as cat infections cause alarm Read More »
Montenegro said Friday it will extradite to the United States the South Korean cryptocurrency specialist Do Kwon, who is also wanted by Seoul for the multi-billion-dollar bankruptcy of his company, Terraform Labs.His lawyers denounced the decision as illegal and contrary to European conventions on extradition.For months, Seoul and Washington have been seeking the South Korean’s …
Montenegro to extradite crypto entrepreneur Do Kwon to US Read More »
Montenegro will extradite to the United States South Korean cryptocurrency specialist Do Kwon, who is also wanted by Seoul for the multi-billion-dollar bankruptcy of his company, Terraform Labs, the Montenegrin Justice Ministry announced on Friday.For months, Seoul and Washington have been seeking the South Korean’s extradition for his suspected role in a fraud linked to …
Montenegro to extradite crypto entrepreneur Do Kwon to US Read More »
A weaker yen lifted Japanese equities on Friday, while Wall Street’s major indices slid in quiet holiday trading. Seoul was an outlier in Asia with shares plunging as South Korea’s political crisis deepened with a second presidential impeachment vote.US indices slid lower at the start of trading, with the Dow shedding 0.6 percent.”Holiday lethargy is to …
Weak yen lifts Japan stocks higher, Wall Street slides Read More »
Global stocks mostly rose on Friday, as European markets returned from the Christmas break tracking Asia gains after a weaker yen lifted Japanese equities.Seoul was an outlier in Asia with shares plunging as South Korea’s political crisis deepened with a second impeachment vote.In Europe, Frankfurt’s DAX index rose after German President Frank-Walter Steinmeier dissolved parliament …
Global stocks rise as Japan led Asia gains on a weaker yen Read More »
