Crypto-loving South Koreans are betting that Luna will rise from the Ashes, an unsettling regulator

A woman appears using her mobile phone on an electrical panel displaying the exchange rates of various cryptocurrencies at the Bithumb cryptocurrencies exchange in Seoul, South Korea, January 11, 2018. REUTERS/Kim Hong-Ji/File Photo Register now to get free unlimited access to Reuters.com Register SEOUL, May 19 (Reuters) – Believing they have little to lose with … Read more

Stock market recovery recovers, UK inflation hits 40-year high

LONDON (Reuters) – A stock rally ran out of steam on Wednesday as concerns about the outlook for economic growth and rising inflation dampened sentiment, while the UK’s 9% inflation reading underlined how far higher interest rates could go. Asian stocks managed to post gains for the fourth consecutive session, but equities in Europe were … Read more

Stocks Recover Even As Growth Continues, Inflation Fears Remain

Empty prices are displayed in the stock price panels of the Tokyo Stock Exchange (TSE) after the Tokyo Stock Exchange temporarily suspended all trading due to system problems in Tokyo, Japan, October 1, 2020. REUTERS / Issei Kato / Files Register now to get free unlimited access to Reuters.com Register LONDON (Reuters) – Global stocks … Read more

A closer look: China’s Xiaomi launches investigations into India’s main market

A man walks past the logo of Xiaomi, the Chinese consumer electronics manufacturer, outside a store in Mumbai, India, May 11, 2022. REUTERS/Francis Mascarenhas Register now to get free unlimited access to Reuters.com Register NEW DELHI (Reuters) – Chinese smartphone giant Xiaomi Corp (1810.HK) It faces legal problems in India as a federal financial crime … Read more

Focusing on China, Biden pledged $150 million to ASEAN leaders

WASHINGTON (Reuters) – U.S. President Joe Biden opened a meeting of Southeast Asian leaders and promised to spend $150 million on their infrastructure, security, pandemic preparedness and other efforts aimed at countering the influence of rival China. Biden, on Thursday, kicked off a two-day summit with the 10-nation Association of Southeast Asian Nations (ASEAN) in … Read more

North Korea announces first death from COVID-19 as fever spreads ‘explosively’

SEOUL (Reuters) – At least one person confirmed to have COVID-19 has died in North Korea and hundreds of thousands have developed symptoms of fever, state media said on Friday, providing hints about the potentially dangerous scale of the spread of the country’s first confirmed case. epidemic. The data represents an unprecedented acknowledgment of an … Read more

Global stocks fall amid fears of global economic slowdown

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 12, 2022. REUTERS/Brendan McDermid Register now to get free unlimited access to Reuters.com Register Global stocks fell to their lowest level in a year and a half, down nearly 20% year-to-date Europe fell more than 2%, US … Read more

North Korea reports first outbreak of COVID-19, orders shutdown in ‘most severe emergency’

North Korea declares ‘most dangerous national emergency’ The possibility of an “unprecedented crisis” for Kim Jong-un – expert The isolated country rejected the international offer of the vaccine No North Korean civilians are believed to have been vaccinated SEOUL (Reuters) – North Korea on Thursday confirmed the first outbreak of the COVID-19 virus, calling it … Read more

Stocks Rise, Yields Slightly After US Inflation Data

NEW YORK/MILAN (Reuters) – The S&P 500 and Dow gained on Wednesday and the dollar index fell after data showed that US inflation slowed year-on-year last month, giving investors some hope that the price. Mutations culminated. US stock futures declined initially after core inflation, except for items such as oil prices which were higher than … Read more