Short selling activity soared in South Korea’s Kosdaq index as the small-cap benchmark approaches its April high, setting the stage for another duel between institutional investors and Korean day traders.
Australia’s jobless rate needs to climb to around 4.5%, from 3.6% now, and the economy grow at a “below-trend pace” for inflation to return to target, according to Reserve Bank No. 2 Michele Bullock.
Terraform Labs co-founder Do Kwon, the crypto entrepreneur who’s sought by the US and South Korea on fraud charges, was sentenced to four months in prison by a Montenegrin court for attempting to travel with a forged passport.
Japan’s crypto exchanges are pushing for a relaxation of curbs on margin trading, unbowed by last year’s global digital-asset market crash.
Former President Donald Trump said he did not turn over presidential records to the National Archives because he was busy and had not yet had time to remove personal items from boxes packed at the White House.
The jitters affecting the world’s second-biggest economy are starting to feed through into China’s gold market.
New Zealand’s government announced an inquiry into its banking sector amid concerns that lenders are making excessive profits.
Japanese trust banks purchased a record amount of super-long government bonds in May as speculation over a possible tweak to the Bank of Japan’s yield-curve control policy receded.
The European Union is ready to propose a financial aid package of around €50 billion ($55 billion) to support Ukraine as the country embarks on a critical counteroffensive to retake territory lost since Russia’s invasion more than a year ago.
KKR & Co. has overhauled its Asia-Pacific private equity team in the early stages of allocating capital from its $15 billion regional fund as deal making sputters on strained US-China relations.
