World
South Korea’s former first lady imprisoned after court issues warrant
South Korea’s former first lady Kim Keon Hee arrives at the special prosecutor’s office in Seoul, South Korea, August 6, 2025. Kim Hong-Ji | Reuters South Korea’s former first lady Kim Keon Hee has been arrested after a court late Tuesday issued a warrant to arrest her following accusations of graft that she denies, a special […]
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Asia markets set to open higher, tracking Wall Street gains amid Fed cut hopes
Here are the opening calls for the day Happy mid-week from Singapore. Asia markets are set for a mostly higher open. Japan’s Nikkei 225 was set to open higher, with the futures contract in Chicago at 43,325, while its counterpart in Osaka last traded at 43,280, against the index’s last close of 42,718.17. Futures for […]
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Stock futures are little changed after market returns to record highs: Live updates
Traders work at the New York Stock Exchange on August 12, 2025. NYSE Stock futures are little changed Tuesday night as investors look ahead to inflation data due later this week. Futures tied to the Dow Jones Industrial Average dropped 13 points, or less than 0.1%. S&P futures fell 0.04%, while Nasdaq 100 futures were […]
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Do Kwon pleads guilty to U.S. fraud charges in $40 billion crypto collapse
Do Kwon, a South Korean cryptocurrency executive charged with fraud, stands with his attorney David Patton to plead guilty in front of U.S. District Judge Paul Engelmayer in New York City, New York, U.S., August 12, 2025 in this courtroom sketch. Jane Rosenberg | Reuters Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital […]
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China warns companies against using Nvidia and AMD chips, report says
Nvidia CEO Jensen Huang and U.S. Secretary of the Interior Doug Burgum attend the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters China has told companies to refrain from using Nvidia‘s H20 chips after the chipmaker recently received approval to resume shipping the less advanced artificial intelligence […]
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$4,000 gold? Trump’s tariffs exemption has market watchers predicting another rally for the metal
Market watchers are predicting another rally for gold after U.S. President Donald Trump confirmed the metal would be exempt from new tariffs — even as some uncertainty lingers. Last week, U.S. gold futures touched on an all-time high following reports that some gold bars could be hit with Trump’s so-called reciprocal tariffs. There had been […]
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Consumer prices rise 2.7% annually in July, less than expected amid tariff worries
Lisa Lungaro shops at the butcher’s counter in a grocery store on July 22, 2025 in Miami, Florida. Joe Raedle | Getty Images A widely followed measure of inflation accelerated slightly less than expected in July on an annual basis as President Donald Trump’s tariffs showed mostly modest impacts. The consumer price index increased a […]
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Why a new UK internet safety law is causing an outcry on both sides of the Atlantic
As of July 25, porn sites are required to implement effective age verification methods for U.K. users. Jack Taylor | Getty Images It was well intentioned but a U.K. law mandating age verification on adult sites and a number of other platforms has sparked a backlash from both internet users in the country, and U.S. […]
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India consumer inflation slows for ninth straight month — hits lowest since 2017
Shoppers purchase groceries at the upscale LuLu Hypermarket located in the Lulu International Shopping Mall in Kerala, India, on May 25, 2022. Nurphoto | Nurphoto | Getty Images India’s consumer inflation continued to ease in July, dropping for a ninth straight month to 1.55%, below analysts’ estimates, government data showed Tuesday. The headline inflation rate […]
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More European companies are shunning high-stakes deals in favor of smaller M&As
Flush with cash from a period of resilient earnings, a growing number of European companies are shunning high-stakes deals in favor of smaller and targeted “bolt-on” acquisitions to pursue growth. Executives from industrial giants to consumer goods firms are deploying capital on strategic deals designed to snap up competitors and acquire technologies instead of staking […]
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